Closed Sales
Monthly Market Detail - March 2024 Townhouses and Condos Lee County
Summary Statistics |
March 2024 |
March 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
534 652 -18.1 % 345 439 -21.4 %
Median Sale Price $ 340,000
$ 346,250 -1.8 %
Average Sale Price Dollar Volume
$ 427,420 $ 466,663 -8.4 % $ 228.2 Million $ 304.3 Million -25.0 %
Median Percent of Original List Price Received
93.8 % 96.6 % -2.9 %
Median Time to Contract 51 Days 22 Days 131.8 %
Median Time to Sale |
94 Days |
58 Days |
62.1 % |
New Pending Sales New Listings
596 867
741 -19.6 %
978 -11.3 %
Pending Inventory 854 Inventory ( Active Listings ) 3,774 Months Supply of Inventory 8.5
1,077 -20.7 % 1,780 112.0 % 3.5 142.9 %
Closed Sales
The number of sales transactions which closed during the month
Economists ' note : Closed Sales are one of the simplest — yet most important — indicators for the residential real estate market . When comparing Closed Sales across markets of different sizes , we recommend comparing the percent changes in sales rather than the number of sales . Closed Sales ( and many other market metrics ) are affected by seasonal cycles , so actual trends are more accurately represented by year-over-year changes ( i . e . comparing a month ' s sales to the amount of sales in the same month in the previous year ), rather than changes from one month to the next .
Month |
Closed Sales |
Percent Change
Year-over-Year
|
|
Year-to-Date
March 2024
|
1,308
534
|
-9.2% -18.1% |
February 2024 |
445 |
-1.1% |
January 2024 |
329 |
-2.7% |
December 2023 |
339 |
-14.4% |
November 2023 |
362 |
-2.4% |
October 2023 |
353 |
8.6 % |
September 2023 |
381 |
13.7 % |
August 2023 |
458 |
-1.3% |
July 2023 |
379 |
-21.5% |
June 2023 |
498 |
-22.2% |
May 2023 |
614 |
-21.1% |
April 2023 |
607 |
-25.7% |
March 2023 |
652 |
-14.3% |
1,400 1,200 1,000 800 600 400 200
0
2020 2021 2022 2023
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
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 .