Lee County Market Report Lee County Market Report | Page 5

Dollar Volume
Med. Pct. of Orig. List Price Received
Monthly Market Detail- February 2025 Single-Family Homes Lee County

Dollar Volume

The sum of the sale prices for all sales which closed during the month
Economists ' note: Dollar Volume is simply the sum of all sale prices in a given time period, and can quickly be calculated by multiplying Closed Sales by Average Sale Price. It is a strong indicator of the health of the real estate industry in a market, and is of particular interest to real estate professionals, investors, analysts, and government agencies. Potential home sellers and home buyers, on the other hand, will likely be better served by paying attention to trends in the two components of Dollar Volume( i. e. sales and prices) individually.
Month
Dollar Volume
Percent Change
Year-over-Year
Year-to-Date
$ 1.0 Billion
-8.2%
February 2025
$ 522.2 Million
-12.7%
January 2025
$ 486.9 Million
-2.8%
December 2024
$ 601.3 Million
10.1 %
November 2024
$ 491.4 Million
-2.9%
October 2024
$ 469.8 Million
-16.3%
September 2024
$ 476.6 Million
-18.0%
August 2024
$ 655.7 Million
4.7 %
July 2024
$ 625.5 Million
-3.5%
June 2024
$ 650.4 Million
-13.0%
May 2024
$ 874.8 Million
-0.8%
April 2024
$ 871.0 Million
4.5 %
March 2024
$ 829.3 Million
0.6 %
February 2024
$ 598.1 Million
1.9 %
$ 1.2 B $ 1.0 B $ 800 M $ 600 M $ 400 M $ 200 M
$ 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

Median Percent of Original List Price Received

The median of the sale price( as a percentage of the original list price) across all properties selling during the month
Economists ' note: The Median Percent of Original List Price Received is useful as an indicator of market recovery, since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price( or better it) in order to get a contract on the house. This is usually the last measure to indicate a market has shifted from down to up, so it is what we would call a lagging indicator.
Month
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
Year-to-Date
94.4 %
-0.8%
February 2025
94.1 %
-1.3%
January 2025
94.6 %
-0.5%
December 2024
94.9 %
-1.0%
November 2024
94.7 %
-1.4%
October 2024
94.8 %
-1.8%
September 2024
95.5 %
-0.9%
August 2024
95.2 %
-0.7%
July 2024
95.0 %
-0.8%
June 2024
94.7 %
-1.6%
May 2024
95.2 %
-1.1%
April 2024
95.0 %
-1.3%
March 2024
95.3 %
-0.8%
February 2024
95.3 %
-0.6%
120 % 100 % 80 % 60 % 40 % 20 % 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
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.