New Listings Inventory
Monthly Market Detail - March 2024 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 .
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 .
2,500 2,000 1,500 1,000
500
Less than $ 50,000
March 2023 March 2024
$ 50,000 - $ 99,999
$ 100,000 - $ 149,999
$ 150,000 - $ 199,999
March 2023 March 2024
$ 200,000 - $ 249,999
Inventory by Current Listing Price
The number of property listings active at the end of the month
$ 250,000 - $ 299,999
Initial Listing Price
$ 50,000 - $ 99,999 1 0.0 % $ 100,000 - $ 149,999 6 50.0 % $ 150,000 - $ 199,999 12 -42.9 % $ 200,000 - $ 249,999 17 -51.4 % $ 250,000 - $ 299,999 80 -17.5 % $ 300,000 - $ 399,999 648 14.7 % $ 400,000 - $ 599,999 616 3.0 % $ 600,000 - $ 999,999 403 -12.2 % $ 1,000,000 or more 257 -7.9 %
Current Listing Price
New Listings
Inventory
Percent Change Year-over-Year
Less than $ 50,000 0 N / A
$ 300,000 - $ 399,999
$ 400,000 - $ 599,999
$ 600,000 - $ 999,999
$ 1,000,000 or more
Percent Change Year-over-Year
Less than $ 50,000 0 N / A
700 600 500 400 300 200 100
$ 50,000 - $ 99,999 0 -100.0 % $ 100,000 - $ 149,999 9 125.0 % $ 150,000 - $ 199,999 17 -22.7 % $ 200,000 - $ 249,999 38 -17.4 % $ 250,000 - $ 299,999 199 76.1 % $ 300,000 - $ 399,999 1,840 79.7 % $ 400,000 - $ 599,999 2,373 89.2 % $ 600,000 - $ 999,999 1,650 56.3 % $ 1,000,000 or more 1,250 77.6 %
0
2,500 2,000 1,500 1,000 500
Less than $ 50,000
$ 50,000 - $ 99,999
$ 100,000 - $ 149,999
$ 150,000 - $ 199,999
$ 200,000 - $ 249,999
$ 250,000 - $ 299,999
$ 300,000 - $ 399,999
$ 400,000 - $ 599,999
$ 600,000 - $ 999,999
$ 1,000,000 or more
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 , April 18 , 2024 . Next data release is Wednesday , May 22 , 2024 .