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FORT MYERS — For the first time in more than two years, the majority of all real estate sales in Fort Myers for the month of April were traditional sales, rather than short sales or foreclosures, according to the Realtor Association of Greater Fort Myers.
Specifically, 51.2% of all sales were traditional sales, according to the Realtor Association's data. Another 20.9% of all transactions were short sales, and the remaining 27.9% were foreclosure sales.
That shift in transaction type led to an increase in the median sale price for existing homes — up 7.3% over the year, to $103,000.
The Realtor Association reports that 1,413 homes were sold in the month of April, down 3% from last year.
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