The Florida Real Estate Market is at a Crossroads

Divider Image

In this in-depth analysis, we dive into the Florida real estate market, which is currently at a crossroads. We focus on two counties – Collier and Lee – and examine the latest market data from March 2023. Discover how year-over-year changes are impacting home sales, median sold prices, days on the market, new listings, pending inventory, and the overall dollar volume. With Collier County experiencing a 20% decrease in sales and Lee County seeing a 16% drop, what does this mean for the future of Florida’s real estate market? Watch now to find out!

📊 March 2023 Data Breakdown:

Collier County:

SOLD: 525 (-20% YOY)
MEDIAN SOLD PRICE: $821,000 (4% YOY)
DAYS ON MARKET: 43 Days (169% YOY)
NEW LISTINGS: 669 (-23% YOY)
PENDING INVENTORY: 889 (-24% YOY)
MONTHS SUPPLY: 4.9 (206% YOY)
DOLLAR VOLUME: $701.0 M (-26% YOY)
Lee County:

SOLD: 1,393 (-16% YOY)
MEDIAN SOLD PRICE: $437,000 (2% YOY)
DAYS ON MARKET: 33 Days (200% YOY)
NEW LISTINGS: 2,059 (4% YOY)
PENDING INVENTORY: 2,239 (-24% YOY)
MONTHS SUPPLY: 3.7 (236% YOY)
DOLLAR VOLUME: $824.6 M (-18% YOY)
Don’t forget to like, comment, and subscribe for more updates and insights on the real estate market. #FloridaRealEstate #MarketAnalysis #RealEstateCrossroads

If you are considering selling and want to get an idea of what your Florida home is worth, send an email to info@gulfpointeproperties.com. If you’re looking to purchase in the area, you can get a jumpstart by filling out your home wish list here: https://forms.gle/B91pjBStQbEnUCBPA

📲 Thank you for your support! We have so many people contacting us who are moving here to Naples & Fort Myers, and we ABSOLUTELY love it! If you are moving or relocating here to Southwest Florida, my team and I can make that transition so much easier on you.

Reach out…we’re here for you!

Brad Dohack, Broker/Owner at Gulf Pointe Properties, Team Lead
📲 Call/Text Direct at (239) 734-7723
📲 Email: info@gulfpointeproperties.com
👨‍💻 Website: https://www.homesearchinswflorida.com/

Recent post

Divider Image
13543 Blue Bay Cir., Fort Myers, FL

Just Listed! 13543 Blue Bay Cir., Fort Myers, FL 33913

  13543 Blue Bay Cir., Fort Myers, FL Click here to Get Directions $1,099,000 4 Beds - 3 Baths ... read more

11550 Villa Grand, Fort Myers, FL

Just Listed! 11550 Villa Grand, Fort Myers, FL 33913

  11550 Villa Grand, Fort Myers, FL Click here to Get Directions $235000 2 Beds - 2 Baths - ... read more

11510 Villa Grand, Fort Myers, FL

Just Listed! 11510 Villa Grand, Fort Myers, FL 33913

  11510 Villa Grand, Fort Myers, FL Click here to Get Directions $239900 3 Beds - 2 Baths - ... read more

1501 Senior Ct, Lehigh Acres, FL

Just Listed! 1501 Senior Ct, Lehigh Acres, FL 33971

  1501 Senior Ct, Lehigh Acres, FL Click here to Get Directions $345,000 3 Beds - 2 Baths -... read more

12839 Ivory Stone Loop, Fort Myers, FL

Just Listed! 12839 Ivory Stone Loop, Fort Myers, FL 33913

  12839 Ivory Stone Loop, Fort Myers, FL Click here to Get Directions $569,900 4 Beds - 2.5 Baths ... read more

631 25th St SW, Naples, FL

Just Listed! 631 25th St SW, Naples, FL 34117

  631 25th St SW, Naples, FL Click here to Get Directions $2598900 4 Beds - 4 Baths -... read more

11009 Mill Creek Way, Fort Myers, FL 33913

Just Listed! 11009 Mill Creek Way, Fort Myers, FL 33913

  11009 Mill Creek Way, Fort Myers, FL Click here to Get Directions $353488 2 Beds - 2 Baths ... read more

8837 Cascade Price Cir, North Fort Myers, FL 33917

Just Listed! 8837 Cascade Price Cir, North Fort Myers, FL 33917

  8837 Cascade Price Cir, North Fort Myers, FL Click here to Get Directions $425000 4 Beds - 2 Baths... read more