Lee County Real Estate Market Report for September 2019

Lee County's housing market saw a significant increase in single family closed sales compared to September 2018.

 Here is a quick real estate overview on Lee County for the month of September, 2019 :

 Closed Sales

14.8% increase in single family.

0.0% change in townhouses and condos.

Median Sales Price

3.0% increase from $245,000 in 2018 to $252,250 in 2019.

1.6% decrease in townhouses and condo.

Inventory

Single family inventory is down at -8.6% in active listings with a 4.5 month supply of inventory.

Townhouses and condo listings are also down by -5.3% with a month supply of 5 months.

Time properties spent on the market 

Single family - 80 days.

Townhouse & Condo - 88 days.

Overall, most Lee County cities saw an increase in sales, except for Fort myers Beach with a decrease of 58.3% compared to September of 2018 and a total of 5 closed sales. On the other hand, both North Fort Myers and Sanibel/Captiva Island saw a significant increase in single family properties, with North Fort Myers being at the top with a 51.6% increase and 47 closed sales and Sanibel/Captiva with 30% increase and 13 closed sales.

Lee County Real Estate Market Report for September 2019

Lee County Real Estate Market Report for September 2019

Information and Graphs provided by the Royal Palm Coast REALTOR Association. 

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