But as in much of the United States, the real-estate boom of the 2000s went bust. The median house price in the Fort Myers area peaked in late 2005 at $322,300. Three years later, it had plummeted to $106,900. A reliance on construction jobs no longer available pushed the unemployment rate in the area of Lehigh Acres and Fort Myers to 14% by the summer of 2009. Property values reached a low in 2008 of $106,900. By late 2014, property values averaged $169,200.
but as In much Of the unItED stateS, the Real-estAtE bOOm of THe 2000S wEnt buST. tHE MEdiAn HousE pRicE in the fORT mYers AREA PEakEd iN late 2005 at $322,300. thREe YEArs latEr, It had PlummeTed to $106,900. A relIANce on COnstruCtiON JobS no Longer avAILAble puShED thE UNemploYMeNt raTE In the arEA of lehigh acREs and forT MyerS to 14% By The summeR oF 2009. PropERTy VAlues reaCheD A loW in 2008 Of $106,900. by Late 2014, pRoPErtY valUeS AveRaged $169,200.