Dollar Volume
Med . Pct . of Orig . List Price Received
Monthly Market Detail - March 2024 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 |
$ 1.9 Billion |
0.6 % |
March 2024 |
$ 829.3 Million |
0.6 % |
February 2024 |
$ 598.1 Million |
1.9 % |
January 2024 |
$ 501.1 Million |
-0.7% |
December 2023 |
$ 546.2 Million |
5.0 % |
November 2023 |
$ 506.1 Million |
13.2 % |
October 2023 |
$ 561.4 Million |
45.7 % |
September 2023 |
$ 581.1 Million |
21.7 % |
August 2023 |
$ 626.2 Million |
-7.2% |
July 2023 |
$ 648.0 Million |
0.7 % |
June 2023 |
$ 747.5 Million |
-14.7% |
May 2023 |
$ 881.6 Million |
-16.1% |
April 2023 |
$ 833.5 Million |
-15.9% |
March 2023 |
$ 824.6 Million |
-17.8% |
$ 1.2 B $ 1.0 B $ 800 M $ 600 M $ 400 M $ 200 M
$ 0
2020 2021 2022 2023
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
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 |
95.2 % |
-0.7% |
March 2024 |
95.3 % |
-0.8% |
February 2024 |
95.3 % |
-0.6% |
January 2024 |
95.1 % |
-0.4% |
December 2023 |
95.9 % |
0.3 % |
November 2023 |
96.0 % |
-0.2% |
October 2023 |
96.5 % |
-0.5% |
September 2023 |
96.4 % |
0.0 % |
August 2023 |
95.9 % |
-1.5% |
July 2023 |
95.8 % |
-3.5% |
June 2023 |
96.2 % |
-3.8% |
May 2023 |
96.3 % |
-3.7% |
April 2023 |
96.3 % |
-3.7% |
March 2023 |
96.1 % |
-3.9% |
120 % 100 % 80 % 60 % 40 % 20 % 0 %
2020 2021 2022 2023
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 .