Lee home prices keep rising

FORT MYERS — Prices for existing single-family homes and condos in Lee County showed no signs of slowing down in February as demand increased and supply shrank.

The median sale price for an existing single-family home in Lee County in February reached $185,000, a 19% increase compared with the same month one year ago, according to the Realtor Association of Greater Fort Myers and the Beach.

Condo prices have been rising, too. The median sale price for an existing condo rose 11% to $155,000 in February compared with February 2013, the association reported.