(Fort Myers, FL – April 23, 2018) – March was a huge month for the housing market in Lee County compared to the previous month. Closed sales, median sale price, and active listings were just a few of the statistics that saw a positive increase last month, compared to February 2018. Year-over-year was slightly down from 2017 at -2.7%.

The number of closed sales for single family homes was up with 1,281 closed sales in March compared to 912 last month. Townhouses and condos were up from the previous month with 769 closed sales in March compared to 511 last month. New pending sales stayed relatively even for single family last month, while condos were up 8.2%.

Median sale prices were up for single family homes (2.0%) and down for townhouses (-1.9%). And overall, houses spent less time on the market in March than they did at the same time last year. The median time to contract was 59 days – down from 67 days, or a change of -11.9%.

The most popular price points continue to be the mid-range homes, specifically homes between $200,000 and $299,999, which all saw an increase in closed sales last month.

SOURCE: Royal Palm Coast Realtor Association

First Quarter Housing Market Activity Sets the Stage for Strong Year Naples, Fla.

(April 13, 2018) – Sales of homes above $1 million in Naples during the first quarter of 2018 drove the market. Their sales increased 61 percent compared to the same quarter of 2017 according to the First Quarter 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island).

“Januarys results led some to question expectations for the year when compared to last, yet in February the market gained its stride which accelerated in …

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