Lee County Market Report Lee County Market Report | Page 10

New Listings Inventory
Monthly Market Detail- February 2025 Single-Family Homes Lee County

New Listings by Initial Listing Price

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
800 700 600 500 400 300 200 100
0
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
3,000 2,500 2,000 1,500 1,000
500 0
Less than $ 50,000
Less than $ 50,000
February 2024 February 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
February 2024 February 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999

Inventory by Current Listing Price

The number of property listings active at the end of the month
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 250,000- $ 299,999
Initial Listing Price
$ 50,000- $ 99,999 2 100.0 % $ 100,000- $ 149,999 4 33.3 % $ 150,000- $ 199,999 20 150.0 % $ 200,000- $ 249,999 42-4.5 % $ 250,000- $ 299,999 167 67.0 % $ 300,000- $ 399,999 700 10.8 % $ 400,000- $ 599,999 620-4.5 % $ 600,000- $ 999,999 464 6.2 % $ 1,000,000 or more 332 13.3 %
Current Listing Price
New Listings
Inventory
Percent Change Year-over-Year
Less than $ 50,000 0 N / A
$ 300,000- $ 399,999
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 2 N / A $ 100,000- $ 149,999 7 0.0 % $ 150,000- $ 199,999 49 133.3 % $ 200,000- $ 249,999 126 125.0 % $ 250,000- $ 299,999 584 184.9 % $ 300,000- $ 399,999 2,717 49.5 % $ 400,000- $ 599,999 2,782 19.5 % $ 600,000- $ 999,999 2,065 26.8 % $ 1,000,000 or more 1,544 24.2 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
800 700 600 500 400 300 200 100 0
3,000 2,500
2,000 1,500 1,000 500 0
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, March 20, 2025. Next data release is Thursday, April 24, 2025.