August SFR sales Lee County Fl

By
Services for Real Estate Pros with South West Florida Real Estate Investment Association

While the rest of the world crashes, we are increasing in sales!   This data is a courtesy of one of our Corp Sponsors. All of our Corp Sponsors can be found at http://www.swflreia.com/businessdirectory.html If you are an investor these are the people you should be doing business with. If you have a service to offer investors, you should be a Corp Sponsor of the SWFL REIA   Lee County

  • Lee County SFR Sales August 2008: 710
  • Lee County SFR Sales August 2007: 424
  • Active listings Lee County 11567
  • We absorbed 6% of the Inventory
  • 73 Percent Increase Month over Month in Sales

  Lehigh Acres

  • Lehigh Acres August 2008: 124
  • Lehigh Acres August 2007: 61
  • Active Listings Lehigh Acres 2730
  • We absorbed 5% of the Inventory
  • 103 percent increase Month over Month in Sales

  Cape Coral

  • Cape Coral August 2008: 378
  • Cape Coral August 2007: 184 
  • Active listings in Cape Coral 4293
  • We absorbed 9% of the Inventory
  • 105% Increase Month over Month in Sales

  Fort Myers

  • Fort Myers August 2008: 113
  • Fort Myers August 2007: 132
  • Active listings Fort Myers 2803
  • We absorbed 4% of the Inventory

Final Notes

  • Sales are up Year over Year.
  • Corp. Sellers still dominate the market.
  • Lehigh Acres seems to have found pricing desirable to buyers.
  • The high foreclosure areas are the leading edge of increasing sales due to the inventory available.
  • Short sales are still not prevalently closing
    • 21 SFR closed in 2007
    • 98 SFR closed in 2008
      • 5407 Active Short Sale Listings Currently.
  • North Fort Myers seems to not be affected as much by Foreclosures. East of Slater road looks pretty much the same pre-2005.

  Charts and Graphs will be posted later today in the Members section at http:www.swflreia.com   Prepared by Cristina Tumbarello, Realtor she can be reached at cristina.tumbarello@yahoo.com

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Topic:
Real Estate Sales and Marketing
Location:
Florida Lee County
Groups:
Cape Coral Florida Real Estate
Fort Myers Area Real Estate
Short Sale Specialists & Pre-Foreclosure Education
South Florida Real Estate
Southwest Florida Real Estate Investment Association

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