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 3-2024 3-2025 % Change YTD 2024 YTD 2025 % Change
New Listings 780 850 + 9.0 % 2,627 2,959 + 12.6 %
3-2023 9-2023 3-2024 9-2024 3-2025
Total Sales 443 413- 6.8 % 1,011 948- 6.2 %
3-2023 9-2023 3-2024 9-2024 3-2025
Days on Market Until Sale 65 83 + 27.7 % 65 86 + 32.3 %
3-2023 9-2023 3-2024 9-2024 3-2025
Median Closed Price $ 523,000 $ 486,000- 7.1 % $ 505,000 $ 480,000- 5.0 %
3-2023 9-2023 3-2024 9-2024 3-2025
Average Closed Price $ 887,404 $ 808,741- 8.9 % $ 830,983 $ 829,571- 0.2 %
3-2023 9-2023 3-2024 9-2024 3-2025
Percent of List Price Received 95.7 % 94.6 %- 1.1 % 95.8 % 94.7 %- 1.1 %
3-2023 9-2023 3-2024 9-2024 3-2025
Pending Listings 663 599-10.7 % 1,767 1,155-52.0 %
3-2023 9-2023 3-2024 9-2024 3-2025
Inventory of Homes for Sale 2,787 3,979 + 42.8 % –– –– ––
3-2023 9-2023 3-2024 9-2024 3-2025
Months Supply of Inventory 7.9 12.4 + 57.0 % –– –– ––
3-2023 9-2023 3-2024 9-2024 3-2025
Current as of April 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC. | 3