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 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



Comment balloon 1 commentJoe Kendall Broker • February 15 2007 08:16AM


Joe -- Congratulations on your first post here at Active Rain and joining our community.. Jump in and take my challenge.  I look forward to seeing you around the Rain.   If you have questions, please let me know.
Posted by Colleen Irwin, Creative Real Estate Solutions... (Retired) over 13 years ago