Amy D. Lee

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Weekly Dose of Real Estate! 

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Aerial view of the Town and River Community

Is the SWFL Market Cooling?

The answer to that question is yes. There are signs the housing market may be cooling in our area. Yesterday, the Royal Palm Coast Realtor's Association published the May, 2022 results reflecting a decline in home sales for the third consecutive month. With the increase in mortgage interest rates coupled with rising home prices, budget minded buyers are likely rethinking their strategy. Although New Listings reflect an increase of 11.2% when compared to May 2021, Pending Sales also increased by 28.4%. The Median Sales Price was $410,000, an increase of 31.9% when compared to May, 2021 when it was $390,000. The SWFL market remains in favor of Sellers where they received 99.8% of their List Price in the month of May. With a 1.3 month supply of homes to sell, buyers remained in a very competitive environment.


The monthly reports from the association are provided to its members between the 15th and the 20th of each month. I will be providing the updates to you monthly through this newsletter.


Have questions? Reach out to me, I am here to assist! 

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Amy D Lee

Century 21 Gold Star Realty & Investment, Inc.

1920 Park Meadows Dr., Fort Myers FL 33907


Call or Text:

561.248.9946

Email:

amyleeiscc@aol.com


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I look forward to growing our relationship! 

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© 2018 Gold Star Realty & Investment Inc. All rights reserved.

CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Gold Star Realty & Investment Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.

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