Fort Myers home prices rise 17%

FORT MYERS — The median price of an existing single-family home in the Fort Myers area rose 17% to $210,900 in July compared with the same month one year ago.

Existing single-family homes sold more quickly, too. The Realtor Association of Greater Fort Myers and the Beach reported that homes spent a median 36 days on the market before selling in July, a 25% drop from the same month in 2014.

Most notably, the association noted that Little Bokeelia Island sold in July for $14.5 million after spending 1,148 days on the market with a listing price of $24.5 million.