Closed Sales
Monthly
Market Detail - March 2024 Single-Family Homes Lee County
Summary Statistics |
March 2024 |
March 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
1,439 1,393 3.3 % 489 565 -13.5 %
Median Sale Price $ 418,000
$ 437,000 -4.3 %
Average Sale Price Dollar Volume
$ 576,278 $ 591,952 -2.6 % $ 829.3 Million $ 824.6 Million 0.6 %
Median Percent of Original List Price Received
95.3 % 96.1 % -0.8 %
Median Time to Contract 60 Days 33 Days 81.8 %
Median Time to Sale |
99 Days |
74 Days |
33.8 % |
New Pending Sales New Listings
1,666 2,040
1,599 4.2 %
2,059 -0.9 %
Pending Inventory 2,123 Inventory ( Active Listings ) 7,376 Months Supply of Inventory 6.5
2,239 -5.2 % 4,225 74.6 % 3.7 75.7 %
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
|
3,254
1,439
|
-0.9% 3.3 % |
February 2024 |
1,022 |
-0.2% |
January 2024 |
793 |
-8.6% |
December 2023 |
1,012 |
6.0 % |
November 2023 |
943 |
15.6 % |
October 2023 |
1,025 |
41.4 % |
September 2023 |
1,083 |
21.1 % |
August 2023 |
1,169 |
0.3 % |
July 2023 |
1,106 |
-5.3% |
June 2023 |
1,311 |
-12.0% |
May 2023 |
1,428 |
-10.4% |
April 2023 |
1,301 |
-19.7% |
March 2023 |
1,393 |
-16.0% |
2,500
2020 2021 2022 2023
2,000
1,500
1,000 500
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
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 .