FOR IMMEDIATE RELEASE – Lee County Housing Market Update: April 2025
Lee County Housing Market Shows Signs of Stabilization Amid Rising Inventory
(Fort Myers, FL – May 29, 2025) – The Lee County housing market in April 2025 exhibited signs of stabilization, with modest increases in median sale prices and a continued rise in inventory levels, indicating a shift towards a more balanced market.
Key Highlights:
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Median Sale Price: The median sale price for homes in Lee County was $390,000 in February 2025, reflecting a 2.5% decrease compared to the previous year. Redfin
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Inventory Levels: Active listings in Southwest Florida, including Lee County, surged to 23,425 homes as of March 3, 2025, up from 16,561 in December 2024.
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Days on Market: Homes in Lee County spent an average of 81 days on the market, indicating a slowdown in buyer activity.
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Luxury Market Trends: In the luxury segment, properties priced at or above $1 million saw 101 sales in February 2025, slightly up from 98 in January. Naples Golf Homes | Naples Golf Guy
City-Specific Observations:
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Cape Coral: The median home sale price in Cape Coral stood at $365,000 in January 2025, marking an 11.2% decrease from the previous year.
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Fort Myers: Homes in Fort Myers had a median sale price of $378,500, with properties spending an average of 81 days on the market. Paradise Luxury Group
Market Outlook:
The current trends suggest that buyers have more negotiating power due to the increased inventory and longer time homes are spending on the market. Sellers may need to adjust pricing strategies to align with the evolving market conditions.
For more detailed information and personalized market analysis, please contact your local real estate professional.
Best Regards
Jim and Lin Miller
Sellstate Realty
239-896-3121
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