Condo Market Overview
Key metrics by report month and for year-to-date( YTD) starting from the first of the year. Condo properties only.
Key Metrics Historical Sparkbars 2-2024 2-2025 % Change YTD 2024 YTD 2025 % Change
New Listings 895 881- 1.6 % 1,847 2,080 + 12.6 %
2-2023 8-2023 2-2024 8-2024 2-2025
Total Sales 325 279- 14.2 % 568 533- 6.2 %
2-2023 8-2023 2-2024 8-2024 2-2025
Days on Market Until Sale 72 89 + 23.6 % 65 88 + 35.4 %
2-2023 8-2023 2-2024 8-2024 2-2025
Median Closed Price $ 502,000 $ 500,000- 0.4 % $ 497,500 $ 480,000- 3.5 %
2-2023 8-2023 2-2024 8-2024 2-2025
Average Closed Price $ 804,452 $ 916,157 + 13.9 % $ 786,980 $ 847,783 + 7.7 %
2-2023 8-2023 2-2024 8-2024 2-2025
Percent of List Price Received 95.8 % 94.8 %- 1.0 % 96.0 % 94.8 %- 1.3 %
2-2023 8-2023 2-2024 8-2024 2-2025
Pending Listings 581 392-32.5 % 1.104 715-35.3
2-2023 8-2023 2-2024 8-2024 2-2025
Inventory of Homes for Sale 2,719 3,830 + 40.9 % –– –– ––
2-2023 8-2023 2-2024 8-2024 2-2025
Months Supply of Inventory 7.5 11.8 + 57.3 % –– –– ––
2-2023 8-2023 2-2024 8-2024 2-2025
Current as of March 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC. | 3