Lee County Market Report Lee County Market Report | Page 7

Pending Sales New Listings
Monthly Market Detail - January 2025 Single-Family Homes Lee County

New Pending Sales

The number of listed properties that went under contract during the month
Economists ' note : Because of the typical length of time it takes for a sale to close , economists consider Pending Sales to be a decent indicator of potential future Closed Sales . It is important to bear in mind , however , that not all Pending Sales will be closed successfully . So , the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale .
Month
New Pending Sales
Percent Change
Year-over-Year
Year-to-Date
1,195
-11.2%
January 2025
1,195
-11.2%
December 2024
903
2.1 %
November 2024
977
1.1 %
October 2024
843
-21.4%
September 2024
1,028
0.9 %
August 2024
1,173
1.2 %
July 2024
1,238
-0.5%
June 2024
1,232
-10.5%
May 2024
1,415
5.4 %
April 2024
1,627
4.4 %
March 2024
1,666
4.2 %
February 2024
1,556
8.5 %
January 2024
1,346
1.7 %
2,500
2021 2022 2023 2024
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

New Listings

The number of properties put onto the market during the month
Economists ' note : New Listings tend to rise in delayed response to increasing prices , so they are often seen as a lagging indicator of market health . As prices rise , potential sellers raise their estimations of value — and in the most recent cycle , rising prices have freed up many potential sellers who were previously underwater on their mortgages . Note that in our calculations , we take care to not include properties that were recently taken off the market and quickly relisted , since these are not really new listings .
Month
New Listings
Percent Change
Year-over-Year
Year-to-Date
2,878
30.5 %
January 2025
2,878
30.5 %
December 2024
1,793
31.2 %
November 2024
2,126
23.1 %
October 2024
1,606
-13.7%
September 2024
1,568
-3.2%
August 2024
1,658
7.7 %
July 2024
1,579
5.1 %
June 2024
1,566
-3.5%
May 2024
1,791
2.6 %
April 2024
1,974
13.1 %
March 2024
2,040
-0.9%
February 2024
2,167
30.8 %
January 2024
2,205
28.4 %
3,500 3,000 2,500 2,000 1,500 1,000
500 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
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 .