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*

 

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