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 5-2024 5-2025 % Change YTD 2024 YTD 2025 % Change
New Listings 595 427- 28.2 % 3,884 4,090 + 5.3 %
5-2023 11-2023 5-2024 11-2024 5-2025
Total Sales 466 381- 18.2 % 2,023 1,807- 10.7 %
5-2023 11-2023 5-2024 11-2024 5-2025
Days on Market Until Sale 67 87 + 29.9 % 65 84 + 29.2 %
5-2023 11-2023 5-2024 11-2024 5-2025
Median Closed Price $ 505,000 $ 450,000- 10.9 % $ 515,000 $ 475,000- 7.8 %
5-2023 11-2023 5-2024 11-2024 5-2025
Average Closed Price $ 870,504 $ 754,424- 13.3 % $ 839,857 $ 808,463- 3.7 %
5-2023 11-2023 5-2024 11-2024 5-2025
Percent of List Price Received 95.4 % 94.0 %- 1.5 % 95.8 % 94.4 %- 1.5 %
5-2023 11-2023 5-2024 11-2024 5-2025
Pending Listings 436 450 + 3.5 % 2,760 2.062-33.9 %
5-2023 11-2023 5-2024 11-2024 5-2025
Inventory of Homes for Sale 2,663 3,404 + 27.8 % –– –– ––
5-2023 11-2023 5-2024 11-2024 5-2025
Months Supply of Inventory 7.6 11.0 + 44.7 % –– –– ––
5-2023 11-2023 5-2024 11-2024 5-2025
Current as of June 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC. | 3