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 2-2023 2-2024 % Change YTD 2023 YTD 2024 % Change
New Listings 665 876 + 31.7 % 1,338 1,825 + 36.4 %
2-2022 8-2022 2-2023 8-2023 2-2024
Total Sales 328 321 - 2.1 % 608 563 - 7.4 %
2-2022 8-2022 2-2023 8-2023 2-2024
Days on Market Until Sale 46 72 + 56.5 % 47 65 + 38.3 %
2-2022 8-2022 2-2023 8-2023 2-2024
Median Closed Price $ 491,500 $ 502,000 + 2.1 % $ 488,500 $ 495,000 + 1.3 %
2-2022 8-2022 2-2023 8-2023 2-2024
Average Closed Price $ 812,738 $ 808,573 - 0.5 % $ 823,867 $ 789,582 - 4.2 %
2-2022 8-2022 2-2023 8-2023 2-2024
Percent of List Price Received 96.8 % 95.8 % - 1.0 % 96.6 % 96.0 % - 0.6 %
2-2022 8-2022 2-2023 8-2023 2-2024
Pending Listings 640 581 - 9.2 % 1,165 1,104 - 5.2 %
2-2022 8-2022 2-2023 8-2023 2-2024
Inventory of Homes for Sale 1,280 2,614 + 104.2 % –– –– ––
2-2022 8-2022 2-2023 8-2023 2-2024
Months Supply of Inventory 3.1 7.3 + 135.5 % –– –– ––
2-2022 8-2022 2-2023 8-2023 2-2024
Current as of March 10 , 2024 . All data from Southwest Florida MLS . Report © 2024 ShowingTime . | 4