Southwest Florida condo buyers are taking notice of the significant price reductions at Fort Myers River District
Over the last 12 months, 63 condos worth a total of $11.4M worth have sold in the six new Fort Myers riverfront condo developments. On a dollars per square foot basis, recent sales have been at about 50% of the price that these condos originally sold for as new construction.
Here is a breakdown by building of these transactions:
[caption id="attachment_2541" align="aligncenter" width="547" caption="Fort Myers High-rise 12 month snapshot"]
The Oasis has been a complete bust with no sales in the last year and High Point Place continues its leadership position as the premier Fort Myers luxury high-rise building. Buyers are attracted to the high-end finishes in High Point Place units and also welcome the urban amenities including Starbucks and Publix that are available right outside the front door.
View active Fort Myers high-rise listings