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Lee County Housing Market Update – February 2026
Sales Surge, Inventory Tightens, and the Market Clearly Splits Between Homes and Condos
The Lee County real estate market accelerated sharply in February 2026, with strong sales growth, rising cash activity, and tightening inventory signaling a highly active spring market. Updated data from Florida Realtors® shows that both single-family homes and condos experienced significant increases in closed and pending sales—while pricing trends continue to diverge between the two segments.
From Estero and Bonita Springs to Fort Myers, Cape Coral, and Sanibel, seasonal demand is now in full swing, and buyers are actively securing well-positioned properties across all price points.
In total, 1,659 residential properties closed in February 2026 (1,159 single-family + 506 condos) for just over $893 million, reinforcing steady buyer demand more than half way through Q1.
At the high end, the luxury segment remained strong, with 137 homes selling for $1 million or more, up from the previous month’s 112. The month’s top sale was a $10 million waterfront home on Bonita Beach. Notably, 100 percent of the top 10 sales were waterfront properties.
Lee County real estate remains highly desirable due to its combination of coastal lifestyle, relative affordability compared to South Florida markets, and strong migration trends from the Northeast and Midwest. Buyers are drawn to waterfront living, golf and resort-style communities, boating access, and year-round sunshine—along with Florida’s tax advantages and business-friendly climate. With diverse options ranging from luxury Gulf-front estates to amenity-rich condos and gated golf communities, Lee County continues to attract both full-time residents and seasonal homeowners seeking long-term lifestyle value and investment stability.
Lee County Housing Market – Single-Family Homes
🏠 Lee County Single-Family Housing Market – February 2026
Sales Climb, Prices Stabilize, and Inventory Tightens
The single-family market continues to show strength and resilience, with rising sales, increasing cash transactions, and declining inventory.
📊 Key February 2026 Single-Family Stats
- Closed Sales: 1,153 (+24.4% YoY)
- Cash Sales: 439 (+31.0% YoY)
- Median Sale Price: $405,000 (–2.6% YoY)
- Average Sale Price: $602,672 (+7.0% YoY)
- Dollar Volume: $694.9M (+33.1% YoY)
- Median Time to Contract: 64 days (+10.3%)
- Median Time to Sale: 98 days (+3.2%)
📦 Inventory & Supply
- New Pending Sales: 1,603 (+6.3% YoY)
- New Listings: 2,072 (–11.9% YoY)
- Active Inventory: 8,532 (–13.6% YoY)
- Months Supply: 7.1 months (down from 8.8)
📝 Market Insight – Single Family
- Sales are accelerating quickly (+24.4%), showing strong buyer confidence
- Inventory is tightening significantly (–13.6%), creating less competition
- Prices are stabilizing with slight adjustment, while average prices are rising
- Cash buyers continue to dominate, reinforcing migration-driven demand
👉 Well-priced homes—especially in golf and lifestyle communities—are attracting serious buyers and moving efficiently.
Are you unsure of your home’s value? Call, email, or text us at 239.370.0892 for a FREE market analysis.
So, if you plan to buy property, now is a good time to start using our automatic property alerts to monitor the communities that interest you the most. Not sure which communities fit your lifestyle? Contact us, and we’ll help you find golf communities that offer the amenities, homes, and lifestyle you want to enjoy.
Lee County Housing Market – Condos and Townhomes
🏢 Lee County Condo & Townhome Market – February 2026
Sales Surge While Prices Adjust—Buyer Opportunities Expand
The condo market is experiencing rapid sales growth and improving absorption, even as pricing adjusts and inventory remains elevated.
📊 Key February 2026 Condo & Townhome Stats
- Closed Sales: 506 (+51.0% YoY)
- Cash Sales: 338 (+38.0% YoY)
- Median Sale Price: $280,000 (–8.2% YoY)
- Average Sale Price: $392,037 (–14.3% YoY)
- Dollar Volume: $198.4M (+29.5% YoY)
- Median Time to Contract: 76 days (+18.8%)
- Median Time to Sale: 107 days (+13.8%)
📦 Inventory & Supply
- New Pending Sales: 697 (+24.9% YoY)
- New Listings: 820 (–17.5% YoY)
- Active Inventory: 4,551 (–11.8% YoY)
- Months Supply: 11.4 months (down from 14.1)
📝 Market Insight – Condos
- Sales surged dramatically (+51%), outpacing single-family growth
- Prices continue to adjust, improving affordability and driving demand
- Inventory is declining, but still provides buyers with leverage
- Cash buyers remain highly active, particularly among seasonal purchasers
👉 This remains the most opportunity-rich segment for buyers seeking value in Lee County.
Top 10 Luxury Lee County Golf Home Sales in January 2026
The top 10 sales in February ranged from $2.6 million to $4.75 million.
- $4,750,000 – The Colony condominium – 100% of list price
- $4,300,000 – The Colony condominium – 96% of list price
- $3,750,000 – The Colony condominium – 100% of list price
- $3,570,000 – The Colony condominium – 100% of list price
- $3,570,000 – The Colony condominium – 100% of list price
- 3,500,000 – Shadow Wood single family home – 96% of list price
- $3,390,000 – The Colony condominium – 100% of list price
- $3,210,000 – The Colony condominium – 100% of list price
- $2,700,000 – Quail West single family home – 95% of list price
- $2,600,000 – The Sanctuary single family home – 93% of list price
Sellers of golf community properties in the county are benefiting due to:
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High cash-buyer participation
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Stable upper-tier demand
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Migration-driven purchasing power
Buyers are prioritizing amenities, membership access, condition, and long-term value.
🔎 Key Trends Driving the February 2026 Lee County Market
1️⃣ Sales Momentum Is Accelerating
Both segments posted strong gains:
- Single-family: +24.4%
- Condos: +51.0%
👉 Buyer demand is not slowing—it’s expanding.
2️⃣ Inventory Is Contracting Across the Board
- Single-family: –13.6%
- Condos: –11.8%
👉 Supply is tightening as buyers absorb listings faster.
3️⃣ The Market Remains Split in Two
- Single-family: Stabilizing, tightening, more competitive
- Condos: Value-driven, more negotiable, higher supply
4️⃣ Cash Buyers Continue to Anchor Demand
- Single-family: +31%
- Condos: +38%
👉 Equity-driven buyers remain a major force in Southwest Florida.
5️⃣ Pricing Strategy Is Critical
- Well-priced homes are selling
- Overpriced listings are sitting longer
👉 Today’s market rewards precision, not speculation.
February 2026 Real Estate Market Reports:
Lee County Housing Market February 2026 Statistics – Single Family Homes
📌 What This Means for Buyers and Sellers
For Buyers
- More competition in single-family homes
- Strong opportunities in condos due to price adjustments
- Cash buyers are influencing market speed
- Acting decisively on well-priced homes is key
For Sellers
- Demand is strong—but buyers are selective
- Pricing correctly is essential
- Presentation and condition matter more than ever
- The spring market window is active right now
📊 Bottom Line – February 2026 Lee County Market
The Lee County housing market is:
✔️ Highly active
✔️ Tightening in single-family homes
✔️ Opportunity-rich in condos
✔️ Driven by cash buyers and migration trends
✔️ Increasingly competitive heading into peak season
This is a strategic market—not a speculative one.
❓ Lee County Housing Market FAQs – February 2026
Is the Lee County market slowing down?
No. Sales surged across both segments, with condos up 51% and single-family homes up 24%.
Are home prices declining?
Single-family prices are relatively stable, while condos are adjusting, creating better buying opportunities.
Is inventory increasing or decreasing?
Inventory is decreasing across both segments, indicating stronger absorption.
Is Lee County a buyer’s or seller’s market?
It depends:
- Single-family = approaching balanced/competitive
- Condos = still buyer-favorable
Are cash buyers still active?
Yes—cash transactions increased significantly and remain a major driver of demand.
📞 Thinking About Buying or Selling in Lee County?
Whether you’re buying, selling, or evaluating opportunities in golf communities, waterfront homes, or condos, understanding these trends is key to making the right move.
📲 Call or Text: 239-370-0892
🔎 Search Homes: NaplesGolfGuy.com
📅 Request a Personalized Market Analysis
Let’s build a strategy based on today’s market—not yesterday’s headlines.
About Naples Golf Guy
For expert guidance in Southwest Florida real estate, contact Naples Golf Guy, Matt Klinowski P.A. Whether you’re looking to buy a single-family home or condo in Naples, Bonita Springs, Estero, Ft. Myers or Sarasota I can help. With over 20 years of experience, I offer valuable market information and insights into individual communities to help you find the perfect home and lifestyle in the best golf community to fit your needs. Reach out to me today to get started!
Contact Matt: Matt@NaplesGolfGuy.com or at 239-370-0892
