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**AgindyMinnife** · 02-21-2009, 02:40 AM

http://www.frej.net/news/southwest-f...oar-fort-myers

Existing home sales soar in Fort Myers

FORT MYERS - Sales of existing homes in the Greater Fort Myers area were up an astonishing 154.6% in January 2009, with a total of 830 properties sold versus 326 during January 2008, according to the Realtor® Association of Greater Fort Myers.

Short-sale and bank-owned properties continue to influence market prices, as the median price dropped to $89,000, which is below 2003 levels.

There were 10,801 single-family homes for sale in the Greater Fort Myers area during the month of January, and sales activity remains steady with 2,562 properties pending, an increase of 400% versus the prior year. Currently, there is an estimated 4.2-month supply of inventory, which is one-fifth of that available in January 2008, when the inventory supply was nearly 21.5 months.

02-21-2009, 02:40 AM	#2
AgindyMinnife Join Date Oct 2005 Posts 392 Senior Member	http://www.frej.net/news/southwest-f...oar-fort-myers Existing home sales soar in Fort Myers FORT MYERS - Sales of existing homes in the Greater Fort Myers area were up an astonishing 154.6% in January 2009, with a total of 830 properties sold versus 326 during January 2008, according to the Realtor® Association of Greater Fort Myers. Short-sale and bank-owned properties continue to influence market prices, as the median price dropped to $89,000, which is below 2003 levels. There were 10,801 single-family homes for sale in the Greater Fort Myers area during the month of January, and sales activity remains steady with 2,562 properties pending, an increase of 400% versus the prior year. Currently, there is an estimated 4.2-month supply of inventory, which is one-fifth of that available in January 2008, when the inventory supply was nearly 21.5 months.
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