The Fort Myers housing market is shifting as home prices decline and sales pick up, driven by an oversupply of homes and condos. FortMyersAgent.com offers real-time access to more than 17,000 listings across Fort Myers and neighboring areas, providing buyers with insight into this changing landscape.

Market Trends and Pricing

• After a decade of steady price increases, including a pandemic-fueled double-digit surge, Fort Myers is experiencing a notable price correction.

• Home sales surged nearly 50% from February to April, marking two consecutive months of growth.

• The median home price dropped from a peak of $359,500 in October 2022 to $339,000 in April 2025.

• Fort Myers Beach saw some homes sell at 40-50% below original asking prices.

Condo Market Insights

• South Florida’s condo market remains challenged, offering a unique opportunity for buyers despite higher association fees.

• Potential buyers should research condo fees and market conditions carefully; FortMyersAgent.com provides updated news and analysis on this segment.

Factors Impacting the Market

• Historic low mortgage rates during the pandemic fueled demand, but rising inflation and Federal Reserve rate hikes pushed mortgage costs to 20-year highs.

• Recently stabilized mortgage rates are improving buyer purchasing power and encouraging renewed interest.

• Fort Myers continues to attract new residents, including resort and vacation buyers drawn to its scenic waterfronts and growing local economy.

Resources for Buyers and Sellers

• FortMyersAgent.com updates listings hourly, covering Fort Myers, Fort Myers Beach, Cape Coral, North Fort Myers, and Naples.

• The site also publishes a monthly newsletter with the latest real estate market news and trends.