The Florida Association of Realtors released their monthly home sales report. Single family home sales were down 21% in Lee County, from 810 to 637 from year ago levels. The median home sales price in Lee County was down 12% from $295,400 to $258,600. While down from last years level, this is up from last months price of $249,200. From this chart you can see sales in Lee County have steadied the past 4-5 months.
Condo sales in Lee County were down 8% from 130 last October to 119 this year. Median condo prices in Lee County were down 14% from $285,000 last year to $245,000 this year.
Naples single family home sales didn’t fare as well, as home sales were down 45% from 333 sales last year to 182 this year. Median sales prices were down 13% from $479,800 to $415,200.
Naples condo sales were down 53% from 273 sales last year to 128 this October. Median condo prices in Naples were down 11% from $377,400 last year to $334,500.