Lee County Florida Economic Snapshot

Economic Snapshot

September 2007

Permit Activity Percentage +/- from 2006

Total Valuation $84,059,673 -70.5%

Single Family $34,382,161 -80.4%

Multi-Family $4,971,479 -90.2%

Commercial $44,706,033 -23.4@

Source: EDO Lee County

Home and Condo Sales Percentage +/- from 2006

Single Family Sales 327 -52.8%

Median Sales Price $231,600 -11.4%

Condominium Sales 102 -39.3%

Median Sales Price $224,000 -3.2%

Source: Florida Association of Realtors

Hopefully, with the increase in tourist to our area we'll see some of the inventory absorbed! Those from certain foreign countries can make some terrific deals in addition to the strength of their currency over the US Dollar!

FINGERS CROSSED!

__________________
Paige A. Rausch
Cellular: 239-691-4321
paigerausch@earthlink.net
http://activerain.com/astepahead