Lee County Real Estate Market Report for September 2019

Lee County's housing market saw a significant increase in single family closed sales compared to September 2018.

Here is a quick real estate report on Lee County for the month of September, 2019 :

Closed Sales

14.8% increase in single family.

0.0% change in townhouses and condos.

Median Sales Price

3.0% increase from $245,000 in 2018 to $252,250 in 2019.

1.6% decrease in townhouses and condo.

Inventory

Single family inventory is down at -8.6% in active listings with a 4.5 month supply of inventory.

Townhouses and condo listings are also down by -5.3% with a month supply of 5 months.

Time properties spent on the market

Single family - 80 days.

Townhouse & Condo - 88 days.

Overall, most Lee County cities saw an increase in sales, except for Fort myers Beach with a decrease of 58.3% compared to September of 2018 and a total of 5 closed sales. On the other hand, both North Fort Myers and Sanibel/Captiva Island saw a significant increase in single family properties, with North Fort Myers being at the top with a 51.6% increase and 47 closed sales and Sanibel/Captiva with 30% increase and 13 closed sales.

Information and Graphs provided by the Royal Palm Coast REALTOR Association.

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