The Tale of Two Markets: Dissecting the Real Estate Dynamics in Southwest Florida

Divider Image


In this video, we’ll explore the real estate dynamics in Southwest Florida, and how homeowners and investors are reacting to changes in the market.

We’ll dive into an insightful analysis of the 2023 real estate landscape in our latest video, as we draw a detailed comparison between the markets of Collier and Lee in Southwest Florida. With data revealing a stark contrast between the two counties, we’re here to uncover what’s driving these trends and what they could mean for buyers, sellers, and investors alike.

In this comprehensive review, we will shed light on several crucial stats, from the number of properties sold to the median sold price, the days on market, new listings, pending inventory, months’ supply, and the overall dollar volume.

Witness how Collier’s real estate market has grown, despite a significant contraction in new listings, with a remarkable 4% increase in median sold prices and a 1% uptick in the number of properties sold. Delve deeper into the reasons why it has managed to maintain a healthy dollar volume of $610.9M, up by 6% compared to last year.

Meanwhile, Lee County presents a contrasting picture. With a 12% decrease in properties sold and a dip in the median sold price by 4%, we examine the factors contributing to this downward trend, as well as the implications of its staggering dollar volume decline by 15%.

In the midst of these contrasting trends, both counties have seen an astonishing rise in the ‘Days on Market’ and ‘Months Supply’, painting an intriguing picture of the real estate dynamics at play.

Join us as we decode these figures and project what they might mean for the future of real estate in Collier and Lee. Whether you’re a first-time homebuyer, a seasoned investor, or simply interested in understanding the market fluctuations, this video is a must-watch.

Subscribe and stay tuned for more detailed reports, analysis, and expert insights into the world of real estate.
___________
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

Just Listed! 11079 Lakeland Cir, Fort Myers

  11079 Lakeland Cir, Fort Myers, FL Click here to Get Directions $465000 4 Beds - 2 Baths -... read more

June Market Report

Naples Market Update: Shocking Prices & Inventory Surge!

SWFL Market Update: Shocking News! Record prices are here, but so is a surprising surge in inventory! Thinking of buying or... read more

Best Place to live in US

The Florida City You’d NEVER Guess is #1 to Live

Ever dreamed of basking on pristine beaches under endless sunshine? Florida beckons, but with so many options, where should you... read more

SWFL’s Newest Gem: The Ritz-Carlton Residences

Dive into the luxurious world of the Ritz-Carlton Residences Estero Bay! This video takes you on a virtual tour of this... read more

may-2024-market-update

SWFL Market Update: More Inventory, Stabilizing Prices?

Confused about the Southwest Florida housing market? Don't miss this market update video! We break down the latest data for... read more

Invest-in-naples

Is NOW the Right Time to Invest in Naples Real Estate?

Are you considering real estate investment in Naples, FL? This video explores the current market landscape in 2024 to help... read more

13565-Eagle-Ridge-Dr-Fort-Myers-FL.

Just Listed! 13565 Eagle Ridge Dr, Fort Myers, FL 33912

  13565 Eagle Ridge Dr, Fort Myers, FL Click here to Get Directions $250000 3 Beds - 2 Baths ... read more

Thrilled to Share a Client Testimonial about Samantha Bagdasarian!

  We're thrilled to share this fantastic review from Joe Angell about their recent experience with Samantha! At Gulf Pointe Properties, we... read more