Fourth Quarter 2019 Market Review – Sanibel, Fort Myers, Fort Myers Beach, Cape Coral
Click on either of links below to view the Fourth Quarter 2019 Market Review for Sanibel, Fort Myers, Fort Myers Beach, Cape Coral.
Fourth Quarter Summary
Overall 2019 sales across the combined Sanibel/Captiva, Fort Myers, Fort Myers Beach, Cape Coral market are up 5% in comparison with 2018. Condo sales are up 4%, from 4,169 to 4,337, while single family sales are up 6%, from 7,969 to 8,417.
Condo Sales for the fourth quarter
Sales for condos were up by 5% for Fort Myers and Cape Coral, respectively. Fort Myers Beach condo sales were flat while Sanibel/Captiva condo sales were down 8% compared to 2018.
Single Family Homes
Fort Myers posted a 7% increase in single-family home sales, while Cape Coral SFH sales were up by 5%. Sanibel/Captiva SFH sales posted an 8% decline compared to the prior year, and Fort Myers Beach posted a 17% decline.
Maintaining our lead over all other competing firms, with $2.4 billion in closed sales volume, John R. Wood Properties closed out the year as the top brokerage in Southwest Florida, beating the closest competitor by nearly $200 million!