Here is a chart of Market trends taken from Rapattoni MLS and includes all sales occurring in Fort Myers, FL from 8/1/2004 through 8/31/2008.
This chart show the increase in market activity through 2nd Quarter 2005, followed by increase in values @$/Sq.Ft. of living space. With the collapse of sales volume 3rd Quarter 2005 the sales prices began trending downward. Currently sales levels are at or below average 2004 sales prices.Increasing Days on Market are observed and are currently average 3-4 months.
More information is available on request.
Kathleen Bryce
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