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 12-2023 12-2024 % Change YTD 2023 YTD 2024 % Change
New Listings 486 623 + 28.2 % 6,546 7,739 + 18.2 %
12-2022 6-2023 12-2023 6-2024 12-2024
Total Sales 263 288 + 9.5 % 4,373 3,910 - 10.6 %
12-2022 6-2023 12-2023 6-2024 12-2024
Days on Market Until Sale 59 91 + 54.2 % 50 76 + 52.0 %
12-2022 6-2023 12-2023 6-2024 12-2024
Median Closed Price $ 520,000 $ 447,750 - 13.9 % $ 485,000 $ 485,000 0.0 %
12-2022 6-2023 12-2023 6-2024 12-2024
Average Closed Price $ 873,724 $ 694,047 - 20.6 % $ 777,392 $ 791,814 + 1.9 %
12-2022 6-2023 12-2023 6-2024 12-2024
Percent of List Price Received 95.8 % 94.8 % - 1.0 % 96.5 % 95.4 % - 1.1 %
12-2022 6-2023 12-2023 6-2024 12-2024
Pending Listings 287 285 -0.7% 5,354 4,894 -�8.6
12-2022 6-2023 12-2023 6-2024 12-2024
Inventory of Homes for Sale 2,012 2,926 + 45.4 % –– –– ––
12-2022 6-2023 12-2023 6-2024 12-2024
Months Supply of Inventory 5.5 9.0 + 63.6 % –– –– ––
12-2022 6-2023 12-2023 6-2024 12-2024
Current as of January 10 , 2025 . All data from Southwest Florida MLS . Report © 2024 ShowingTime Plus , LLC . | Page 4