Lee County Market Report Lee County Market Report | Page 12

Closed Sales
Monthly Market Detail- April 2025 Townhouses and Condos Lee County
Summary Statistics
April 2025
April 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
533 610-12.6 % 361 426-15.3 %
Median Sale Price $ 302,000
$ 339,700-11.1 %
Average Sale Price Dollar Volume
$ 398,313 $ 478,179-16.7 % $ 212.3 Million $ 291.7 Million-27.2 %
Median Percent of Original List Price Received
89.5 % 92.5 %-3.2 %
Median Time to Contract 74 Days 52 Days 42.3 %
Median Time to Sale
108 Days
90 Days
20.0 %
New Pending Sales New Listings
498 752
573-13.1 %
852-11.7 %
Pending Inventory 630 Inventory( Active Listings) 5,107 Months Supply of Inventory 14.3
745-15.4 % 3,688 38.5 % 8.3 72.3 %

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
April 2025
1,664
533
-13.2%-12.6%
March 2025
514
-3.7%
February 2025
335
-24.7%
January 2025
282
-14.3%
December 2024
339
0.0 %
November 2024
213
-41.2%
October 2024
261
-26.1%
September 2024
277
-27.3%
August 2024
336
-26.6%
July 2024
309
-18.5%
June 2024
370
-25.7%
May 2024
515
-16.1%
April 2024
610
0.5 %
1,400 1,200 1,000 800 600 400 200
0
2021 2022 2023 2024
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 A
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, May 22, 2025. Next data release is Monday, June 22, 2025.