New average medium homes price down 44%

 

The Average medium price for home in Lee County Florida is at $235,000. Down 44% from January 2006!  I expressed the fact that I personally feel we have hit bottom in a lot of different classifications.  Here is why. I have talked to several title companies, they advise me that a few large land transactions are currently under contracts. One is for a little over 60 lots, from small to medium investor groups. When you see this happening, it tells you investors are getting back into the market from over a year watching the market drop. The construction costs have dropped here in southwest Florida as well, talking to some local builder's I have worked together with over the last couple years.

 

 The price of a new construction home 3bed, 2bath, 2car garage home, Built by some of the better quality home builders are starting around $200,000.00. Some of the homes feature granite, 18"tile, stainless steel appliances! They all vary depending on upgrades, location within Lee County, with or with out sewer & water. Email me at joek4realestate@aol.com and I can get into more detail with you on what your interests might be in a new construction home.

 

 Listing and Selling Southwest Florida Homes, Condos Waterfront & Luxury Homes!

 

 

Joe Kendall BROKER "Broker Joe"

Keller Williams Realty Fort Myers & The Islands,

16 years of experience to offer You!

Fort Myers / Fort Myers Beach / Cape Coral / Bonita Springs / Naples/ Sanibel Island 

Search all the homes for sale located in Southwest Florida here

Phone 239-560-0726

Email BrokerJoe@Me.com  

 

Comment balloon 1 commentJoe Kendall • February 15 2007 08:16AM
New average medium homes price down 44%
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The Average medium price for home in Lee County Florida is at $235, 000. Down 44% from January 2006! I expressed the fact that I personally feel we have hit bottom in a lot of different classifications. Here is why. I have talked to several title… more