Lee County Market Report Lee County Market Report | Page 7

Pending Sales New Listings
Monthly Market Detail- February 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
2,703
-6.9%
February 2025
1,508
-3.1%
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 %
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 F

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
5,229
19.6 %
February 2025
2,351
8.5 %
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 %
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 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.