Here’s the latest look inside the numbers ahead of the sales report expected to be released tomorrow at 11:05 AM by the Florida Association of Realtors.  Based on latest MLS statistics, inventories have grown in the last few weeks slightly, and pending sales have remained relatively steady.  We’ll post an update tomorrow after the official numbers are released showing median sales price and number of closed transaction for Fort Myers, Cape Coral, Naples, and the entire SW Florida real estate market as well as the state of Florida.

Lee County Florida Current Market Statistics.

 

November 27,2006 Active Pending Months Supply of Inventory
Single Family 13,186 1,031 17.49*
Condo 8,344 535 31.85*

 *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. 

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

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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