Lee County Market Report Lee County Market Report | Page 4

Median Sale Price Average Sale Price
Monthly Market Detail - January 2025 Single-Family Homes 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
$ 399,500
-1.4%
January 2025
$ 399,500
-1.4%
December 2024
$ 400,000
0.3 %
November 2024
$ 395,000
-3.7%
October 2024
$ 400,000
0.0 %
September 2024
$ 382,900
-4.3%
August 2024
$ 390,000
-3.9%
July 2024
$ 395,000
-5.3%
June 2024
$ 400,000
-7.0%
May 2024
$ 415,000
-6.7%
April 2024
$ 425,000
-3.0%
March 2024
$ 418,000
-4.3%
February 2024
$ 420,495
-6.0%
January 2024
$ 405,000
-3.6%
$ 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

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
$ 599,658
-5.1%
January 2025
$ 599,658
-5.1%
December 2024
$ 594,776
10.2 %
November 2024
$ 566,126
5.5 %
October 2024
$ 530,281
-3.2%
September 2024
$ 489,842
-8.7%
August 2024
$ 535,303
-0.1%
July 2024
$ 518,254
-11.5%
June 2024
$ 545,201
-4.4%
May 2024
$ 596,747
-3.3%
April 2024
$ 608,636
-5.0%
March 2024
$ 576,278
-2.6%
February 2024
$ 585,183
2.1 %
January 2024
$ 631,945
8.7 %
$ 700K $ 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
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 Friday , February 21 , 2025 . Next data release is Thursday , March 20 , 2025 .