Median Sale Price Average Sale Price
Monthly Market Detail- February 2025 Townhouses and Condos Lee County
Median Sale Price
The median sale price reported for the month( i. e. 50 % of sales were above and 50 % of sales were below)
Economists ' note: Median Sale Price is our preferred summary statistic for price activity because, unlike Average Sale Price, Median Sale Price is not sensitive to high sale prices for small numbers of homes that may not be characteristic of the market area. Keep in mind that median price trends over time are not always solely caused by changes in the general value of local real estate. Median sale price only reflects the values of the homes that sold each month, and the mix of the types of homes that sell can change over time.
Month |
Median Sale Price |
Percent Change
Year-over-Year
|
Year-to-Date |
$ 315,000 |
-7.4% |
February 2025 |
$ 305,000 |
-11.6% |
January 2025 |
$ 325,000 |
-4.4% |
December 2024 |
$ 315,000 |
-11.3% |
November 2024 |
$ 295,000 |
-16.8% |
October 2024 |
$ 313,500 |
-3.5% |
September 2024 |
$ 300,000 |
-8.8% |
August 2024 |
$ 319,500 |
-7.4% |
July 2024 |
$ 300,000 |
-7.0% |
June 2024 |
$ 348,500 |
6.9 % |
May 2024 |
$ 340,000 |
-2.9% |
April 2024 |
$ 339,700 |
-2.2% |
March 2024 |
$ 340,000 |
-1.8% |
February 2024 |
$ 345,000 |
1.5 % |
$ 400K
$ 300K
2021 2022 2023 2024
$ 200K
$ 100K
$ 0K
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
Average Sale Price
The average sale price reported for the month( i. e. total sales in dollars divided by the number of sales)
Economists ' note: Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses— particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area.
Month |
Average Sale Price |
Percent Change
Year-over-Year
|
Year-to-Date |
$ 453,632 |
2.8 % |
February 2025 |
$ 457,336 |
3.3 % |
January 2025 |
$ 449,232 |
2.3 % |
December 2024 |
$ 411,093 |
-12.8% |
November 2024 |
$ 352,735 |
-22.9% |
October 2024 |
$ 372,808 |
-8.3% |
September 2024 |
$ 365,717 |
-10.3% |
August 2024 |
$ 402,285 |
-20.9% |
July 2024 |
$ 379,612 |
-3.1% |
June 2024 |
$ 414,511 |
0.9 % |
May 2024 |
$ 431,803 |
-0.2% |
April 2024 |
$ 478,179 |
6.6 % |
March 2024 |
$ 427,420 |
-8.4% |
February 2024 |
$ 442,737 |
-2.3% |
$ 600K $ 500K $ 400K $ 300K $ 200K $ 100K
$ 0K
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
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.