Lee County Market Report Lee County Market Report | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Lee County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
579 477 21.4 % 367 296 24.0 %
Median Sale Price $ 300,000
$ 310,000-3.2 %
Average Sale Price Dollar Volume
$ 458,845 $ 399,343 14.9 % $ 265.7 Million $ 190.5 Million 39.5 %
Median Percent of Original List Price Received
90.6 % 88.0 % 3.0 %
Median Time to Contract 82 Days 80 Days 2.5 %
Median Time to Sale
119 Days
115 Days
3.5 %
New Pending Sales New Listings
531 563
411 29.2 %
554 1.6 %
Pending Inventory 653 Inventory( Active Listings) 3,829 Months Supply of Inventory 8.9
534 22.3 % 4,664-17.9 % 13.2-32.6 %

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
May 2026
2,774
579
29.6 % 21.4 %
April 2026
690
29.5 %
March 2026
663
29.0 %
February 2026
506
51.0 %
January 2026
336
19.1 %
December 2025
404
19.2 %
November 2025
288
35.2 %
October 2025
331
26.8 %
September 2025
324
17.0 %
August 2025
339
0.6 %
July 2025
341
11.1 %
June 2025
382
3.2 %
May 2025
477
-7.2%
1,000
2022 2023 2024 2025
800
600
400 200
0
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 M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.