SW Florida Home Sales including Fort Myers, Cape Coral Bonita Springs, and Estero Florida November 2006

As you can see from the charts below, the SW Florida real estate market continued adding inventory since our last report, and pending sales have fallen again.  This has led to sellers lowering asking prices to attract buyers.

 

 

Lee County Florida Current Market Statistics.

 

November 9,2006	Active	Pending	Months Supply of Inventory
Single Family	13,148	1,046	17.44*
Condo	8,096	534	30.90*

*We project there will be approximately 9,048 single family closings reported in Lee County MLS, and approximately 3,144 condo sales reported.  Months supply of inventory are based upon these projections. 

October 18,2006	Active	Pending	Months Supply of Inventory
Single Family	12,669	1,128	16.80*
Condo	7,834	543	29.90*

 

August 23,2006	Active	Pending	Months Supply of Inventory
Single Family	12,168	1,261	13.10
Condo	7,391	557	14.18

 

 

July 25,2006	Active	Pending	Months Supply of Inventory
Single Family	12,053	1,343	12.97
Condo	7,387	591	14.17

 

 

May 27, 2006	Active	Pending	Months Supply of Inventory
Single Family	11,838	1,426	12.74
Condo	7,414	644	14.22

 

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