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What is the forecast for impoved home sales in Pine Island FL?

What is the cuurent forecast for improved home sales in St JamesCity Florida?
  • May 24 2010 - Saint James City
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Answers (1)

Overall, we're having a recovery in Lee County, Florida, in the lower price ranges.

Sales up 25% in 2012 in Lee County due to high number of foreclosures and short sales being sold. Median sales price a low of $128K. There is now a seller's market in the under $250K price range because there is less than 7 months of inventory. This will push prices upward. In the under $100K price range there is less than 4 months inventory.

High end sales figures not as high. There is 30 months of inventory which will push prices downward.
  • February 11 2013
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