Overview
The Fort Myers housing market continues to show signs of cooling and transition. The median sale price has dipped significantly year-over-year, days on market are longer, and conditions favour buyers more than in recent years.
According to Redfin, the median sale price in September 2025 was approximately $313,650, representing a –13.6% year-over-year change. Homes are taking about 93 days to sell, up from approximately 70 days a year prior. According to Zillow, the average home value in Fort Myers was about $315,763, down roughly –11.5% over the last year.
These figures suggest that the market is tilted toward buyers, with increased inventory and reduced urgency among buyers compared to the high-velocity market of the pandemic years.
Coconut Point in Estero is gearing up for a two-year refresh aimed at modernizing the open-air shopping district and elevating the customer experience. The planned updates include the introduction of fresh dining concepts, the arrival of new tenants (such as Nordstrom Rack), enhanced public spaces, design upgrades, and infrastructure improvements. This redevelopment seeks not only to attract new foot traffic and retailers but also to reinforce Coconut Point’s position as a premier lifestyle and retail destination in Southwest Florida. The project is expected to roll out in phases over the next couple of years, with careful attention to preserving the mall’s charm while injecting a contemporary edge.
