Wade Ellis's (wadegene) Blog

Real Estate Agent - Royal Shell Real Estate, Inc.
According to the Florida Association of Realtors, the Fort Myers/Cape Coral area sold more homes in March than most other areas of Florida, losing only to the Orlando and Tampa areas which are much larger markets. The median sale price was $101,900 which is positive but to be expected as inventor...
By now the bulk of the foreclosure load have been sold and despite much talk about the so-called "shadow inventory" that banks have been holding back, I do not believe its true. Of course their will still be foreclosures and short sales for several years but nowhere near the rate that they were p...
9660  Las Casas Dr is now under contact. This is a 3/2 1814 Sq.Ft. home listed at $209,900 Click here for all active listings in Venetian Village
If your newest assessed value from the Lee County Property Appraiser seems a bit low, you are not alone. Most homeowners are happy as many times that will be an indicator of lower property taxes. This may have been the first year that homeowners actually wanted a higher assessed value on their ho...
15821  Catalpa Cove Dr has been reduced from $1,100,000 to $995,000. This is a short sale featuring 4,333 Sq.Ft. of living space. 15871  White Orchid Ln has been reduced from $849,000 to $799,000. This is a 3/3 3,230 Sq.Ft. lakeview home. click here for all active listings in Catalpa Cove
15991  Old Wedgewood Ct is back on the market after being under contract. This is a 6,500 Sq.Ft. luxurious estate listed at $1,900,000. Click here for all active listings in Devonwood.
Fort Myers area Condo/Villa sales rise to 494 for the month of February. Thats the highest we have seen since April of 2010. The reason may be due to more reasonable prices as the median for the month was $118,000 compared to January's $131,900. Also Snow birds looking for a second home, started ...
8721  Belle Meade Dr is now under contract. This was a 3/3 2252 Sq.Ft. home listed at $349,500. Click here for ALL Belle Meade active listings
16121  Waterleaf Ln has been reduced from $349,900 to $324,900. "This is a Short Sale subject to existing lender's approval which could result in delays. Bank approved at 375K!! Immaculate 3 bedroom 2.5 bath pool home with huge game room and bar! Hardwood floors, tray ceilings, 8' door sets, gran...
February's median price for the Fort Myers area slightly rose to $91,500. Thats $3,000 more than January and $3,600 from last February. Total sales for the month were 1,106, close to January's 1,072. As I have said before, until the local economy improves and construction picks up, local prices ...

Wade Ellis

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