One of the most important factors to consider when buying or selling a home is the state of the real estate market. The current market will dictate many aspects of your real estate transaction such as price and the amount of time it takes to sell or find a home. If you’ve been asking yourself, “is Fort Myers a buyer’s or seller’s market” we have crucial information for you. Below we discuss the differences in the market and the Fort Myers market specifically to answer the question “is Fort Myers a buyer’s or seller’s market?”

What is a Buyer’s Market Versus a Seller’s Market?

To better help you make an informed decision on whether to buy or sell in 2022, here we break down the differences between a buyer’s market and a seller’s market.

Buyer’s Market

In a buyer’s market, the conditions favor the homebuyer. The demand for homes for sale is less than the supply, so homes sell less quickly and at reasonable prices. Homebuyers have the upper hand in negotiations and, as such, can negotiate for better terms like repairs being made before signing on the dotted line. 

Seller’s Market

In a seller’s market, conditions favor the home seller. The demand for homes for sale is greater than the supply, making the market very competitive. Homes sell for higher prices and much more quickly than in a buyer’s market. Home sellers have the upper hand in negotiations so more homes are sold “as is”, leaving repairs up to the homebuyer. 

Is Fort Myers a Buyer’s or Seller’s Market?

So, is Fort Myers a buyer’s or seller’s market?

As of 2022, Fort Myers is a seller’s market. This means that the market is very competitive and that it’s important to act quickly when putting in an offer. Homes sell quickly and at higher prices, with the home seller having the advantage in negotiations. However, homebuyers can still get a great deal with the help of an experienced realtor in their area. 

Buying or Selling a House in Fort Myers

At Your Home Sold Guaranteed Realty – Vasbinder International, we can help you buy or sell a home regardless of the state of the market. To get started on your real estate journey today, call us at 239-990-3131, contact us here, or complete the form below.