Overall the SW Florida real estate market has steadied, and each time we report this the numbers slip ever so slightly. These numbers really aren’t surprising as December is the Holiday season. We do close homes and condos for year end, and not as many go pending during the holidays. January will be a month to watch going forward as we enter season.
Lee County Florida Current Market Statistics.
December 27,2006 | Active | Pending | Months Supply of Inventory |
Single Family | 13,330 | 1,029 | 17.68* |
Condo | 8,559 | 546 | 32.67* |
*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.
December 8,2006 | Active | Pending | Months Supply of Inventory |
Single Family | 13,173 | 1,078 | 17.47* |
Condo | 8,444 | 543 | 32.23* |
November 27,2006 | Active | Pending | Months Supply of Inventory |
Single Family | 13,186 | 1,031 | 17.49* |
Condo | 8,344 | 535 | 31.85* |
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* |