Lee County Market Report Lee County Market Report | Page 8

Inventory
Months Supply of Inventory
Monthly Market Detail- January 2026 Townhouses and Condos Lee County

Inventory( Active Listings)

The number of property listings active at the end of the month
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
Month
Inventory
Percent Change
Year-over-Year
YTD( Monthly Avg)
4,913
-0.1%
January 2026
4,913
-0.1%
December 2025
4,228
1.8 %
November 2025
4,243
7.0 %
October 2025
3,973
14.3 %
September 2025
3,525
6.5 %
August 2025
3,582
9.9 %
July 2025
3,885
16.7 %
June 2025
4,251
21.1 %
May 2025
4,664
28.5 %
April 2025
5,107
38.5 %
March 2025
5,312
40.8 %
February 2025
5,161
40.8 %
January 2025
4,917
46.3 %
6,000 5,000 4,000 3,000 2,000 1,000
0
2022 2023 2024 2025
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

Months Supply of Inventory

An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
Economists ' note: MSI is a useful indicator of market conditions. The benchmark for a balanced market( favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers ' market, and anything lower is a sellers ' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month ' s Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Month
Months Supply
Percent Change
Year-over-Year
YTD( Monthly Avg)
12.8
-2.3%
January 2026
12.8
-2.3%
December 2025
11.2
1.8 %
November 2025
11.4
8.6 %
October 2025
10.8
21.3 %
September 2025
9.7
16.9 %
August 2025
10.0
25.0 %
July 2025
10.9
36.3 %
June 2025
12.0
44.6 %
May 2025
13.2
57.1 %
April 2025
14.3
72.3 %
March 2025
14.6
71.8 %
February 2025
14.1
74.1 %
January 2025
13.1
77.0 %
20.0
15.0
2022 2023 2024 2025
10.0
5.0
0.0
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
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, February 17, 2026. Next data release is Monday, March 16, 2026.