Key Takeaways (TL;DR)
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Fort Myers is now a buyer-friendly market across both single family homes and condos.
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Condominiums offer the greatest negotiation power due to rising inventory and longer selling timelines.
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Sellers must approach pricing and preparation with strategy to compete effectively.
Fort Myers Real Estate Market Overview
The Fort Myers housing market is continuing to shift. Buyers have more choices, more time, and more negotiating power than they’ve had in years. Inventory is up, prices are adjusting, and the fast-paced frenzy of the past few seasons has been replaced by a more measured, strategic environment.
This report breaks down the latest numbers for both single family homes and condos using June 2025 MLS data. Whether you’re buying, selling, or investing, the insights below will help you move forward with clarity.
Fort Myers Single Family Homes: Market Rebalancing with Steady Demand
Single family homes in Fort Myers are now firmly in buyer territory. With 6.8 months of supply on the market, conditions are more balanced than we’ve seen in years. Inventory has increased 24 percent since last June, but demand remains steady. In fact, June saw 274 single family sales, a 10 percent increase compared to a year ago.
Prices are still adjusting. The median sale price for single family homes dropped to $449,900, a 6.3 percent year-over-year decline. Homes are also taking longer to sell, averaging 87 days on the market. This slower pace allows buyers more time to evaluate options and negotiate terms, while sellers must focus on smart pricing and strong presentation from the start.
For buyers, this segment offers real opportunities, especially among homes that have been listed for 60 days or longer. For sellers, competitive pricing based on recent sales—not on last year’s peaks—is key to attracting qualified buyers.
Fort Myers Condos: Affordable Pricing Meets Oversupply
Condominiums in Fort Myers are experiencing a more dramatic shift. With 10.5 months of supply and a sharp increase in active listings, this segment now presents the strongest buyer leverage in the market.
The median condo price fell to approximately $240,000 in June. That represents an estimated 15 percent drop from June 2024. Properties are staying on the market longer as well, with the average now at 95 days. Buyers are negotiating not just on price, but also on repairs, closing terms, and even HOA fees.
For sellers, standing out means more than listing. It means pricing aggressively, highlighting desirable features, and offering flexibility when possible. For buyers and investors, this is one of the most favorable condo markets we’ve seen in recent memory.
Market Trends Impacting Fort Myers Buyers and Sellers
Several trends are shaping the current environment:
- Inventory Has Recovered
Active listings have grown significantly. Buyers no longer feel rushed, and sellers are competing more directly. This has brought balance back to the market and opened the door for more intentional decision-making. - Prices Are Finding a New Level
Single family home prices are down slightly, while condo prices have dropped more sharply. These adjustments are making homeownership and investment more accessible than they’ve been in years. - Marketing Timelines Are Longer
Homes are no longer flying off the market in days. Instead, listings are sitting for two to three months on average. This shift benefits buyers and rewards sellers who prepare well from the beginning. - Demand Is Still There
Even with longer timelines and pricing adjustments, buyers are still making moves. Sales are up year-over-year in both segments, which means that motivated sellers are still reaching closing day. - Negotiation Is Back on the Table
On average, single family homes are selling for 94.6 percent of list price, while condos are closer to 93.8 percent. In both cases, buyers have room to negotiate, especially on properties that have been listed for several weeks.
What Fort Myers Buyers Should Expect Right Now
If you’re planning to buy in Fort Myers this summer, conditions are working in your favor. You’ll find more listings, more time to evaluate them, and more flexibility in pricing and terms.
Single family homes under $500,000 offer good variety and long-term potential. Buyers who come prepared with financing and a clear plan will have an edge when negotiating. Focus especially on properties that have been on the market longer than 60 days, as these may offer additional opportunities.
In the condo segment, the leverage is even stronger. There is more inventory, more negotiability, and greater affordability. Investors and first-time buyers alike can benefit, but it’s important to review HOA financials, understand community rules, and account for potential assessments.
What Fort Myers Sellers Need to Know
Today’s market rewards preparation and realistic pricing. Whether you’re selling a single family home or a condo, aligning your strategy with the current conditions will make all the difference.
For single family home sellers, competitive pricing based on recent data is essential. Homes are taking 75 to 90 days to sell, which means it’s worth investing in staging, photography, and even a pre-listing inspection to make sure your home shows well and avoids last-minute surprises.
For condo sellers, strategy is even more important. Start with an aggressive price, highlight what sets your unit apart, and be ready to negotiate. Offering closing cost assistance or flexible move-in dates can also help attract attention in a competitive environment.
Investment Opportunities in Fort Myers Real Estate
The current conditions offer several compelling angles for investors.
In the single family segment, homes under $400,000 remain popular with renters. Properties in good school zones or growing neighborhoods can offer long-term returns and steady income. Be prepared for longer acquisition timelines and tighter negotiation.
In the condo market, lower entry prices and higher supply make it easier to enter or expand a portfolio. Vacation rentals in key locations and long-term rentals in well-managed buildings can offer strong yield potential. Just be sure to factor in HOA costs, reserves, and any planned special assessments when evaluating deals.
Market Outlook: Looking Ahead in Fort Myers
Over the next three to six months, we expect buyer-friendly conditions to continue. Inventory levels are likely to stay near current ranges, and prices may adjust slightly before finding a new balance point.
Looking further out, into late 2025 and early 2026, we anticipate gradual stabilization. New construction may slow in response to current conditions, which could support pricing as demand returns. Condos may take longer to level out, while single family homes may begin to firm up earlier.
The key for both buyers and sellers is preparation. This market favors those who understand the data, plan strategically, and act with clarity.
Frequently Asked Questions
Is now a good time to buy in Fort Myers?
Yes. Buyers have more inventory to choose from, time to make decisions, and greater negotiating power than in recent years.
Are homes still selling?
They are. Sales volumes are up year-over-year in both single family and condo markets. The difference is that the pace is slower and more balanced.
Why are condos dropping more than single family homes?
There is simply more condo inventory relative to buyer demand. That puts pressure on prices and gives buyers stronger leverage.
What’s a buyer’s market?
A buyer’s market typically means more than six months of inventory. Both Fort Myers single family homes and condos are now above that threshold.
How long will it take to sell a home right now?
Most homes are taking between 75 and 90 days to sell. Preparation, pricing, and marketing strategy all play a major role in shortening that timeline.
Fort Myers Market Data Summary – June 2025
Single Family Homes
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Closed Sales: 274 (+10.0% YoY, –4.9% MoM)
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Median Price: $449,900 (–6.3% YoY, –1.0% MoM)
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Inventory: 1,599 homes (+20.0% YoY)
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Days on Market: 87 (+31.8% YoY)
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Months of Supply: 6.8
Condos
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Closed Sales: 157 (+11% YoY, –14.2% MoM)
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Median Price: $240,000 (est. –15% YoY, –11.1% MoM)
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Inventory: 1,536 units (est. +60% YoY)
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Days on Market: 95 (est. +45% YoY)
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Months of Supply: 10.5
Worthington Realty’s Perspective
At Worthington Realty, we don’t just watch the numbers—we help our clients make sense of them. Whether you’re buying your first home, investing in a condo, or preparing to sell in a competitive market, we take the time to understand your goals and tailor a strategy that works.
Our purpose is simple: to restore trust and respect in real estate by deeply understanding each client’s needs, so that every homeowner feels heard, valued, and confident in their decisions.
If you’re thinking about buying or selling a home in Fort Myers, we’re here to help you move forward with clarity and confidence. Let’s talk!
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