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Back to Blog postingsApril Lee County Housing Market
The April Lee County Housing Market reports showed 1,952 properties sold for just over $1 billion in Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas during the month.
The luxury market remained strong in April, with 156 properties sold at or above $1 million, up from 145 sales in March. The highest-priced sale was a waterfront home on the Gulf for $10,600,000.
Additionally, sixty percent of the top 10 sales in the county were in golf communities. Luxury golf homes were sold in Miromar Lakes, Grandezza, Bonita Bay, and Quail West, with prices ranging from $3,150,000 to $6,200,000.
Overall inventory ended the month with 14,804 properties for sale, down from 15,309 properties. Therefore, it remains a Buyer’s market. So, if you are a buyer looking for a good opportunity, now is a great time to explore your options.
2025 April Lee County Housing Market Report – Single-Family Homes
April 2025 versus April 2024 Single Family Home Highlights:
- Closed sales decreased 0.8 percent, going from 1,431 transactions to 1,419 sales.
- Pending sales decreased 6.8 percent from 1,627 last April to 1,516 this April.
- Inventory increased 37.4 percent to 9,697 properties for sale, compared to 7,056 homes last year.
- New listings decreased from 1,974 to 1,924, a 2.5 percent drop.
- Median days on market was 58 days, a 16 percent increase, versus April of 2024.
- Inventory of single-family homes for sale ended April with a 8.7-month supply, up from a 6.2-month supply in April 2024
So, even though the inventory of single family homes fell month over month, they remain elevated. Overall, the number of single-family homes decreased from 9,997 in March to 9,697. Ultimately, the month ended with an 8.7-month supply of homes for sale, down from a 9-month supply during the prior month.
The median sales price decreased slightly compared to the previous month. It fell from $395,000 in March to $390,000 in April. Additionally, it was down slightly from $425,000 during the same time last year. Please note that prices may vary by neighborhood. A key factor is the available inventory within the neighborhood. As inventory increases, prices tend to decrease, giving buyers more opportunities.
Furthermore, the number of days from listing a home to contract remained unchanged from the previous two months at 58 days. Ultimately, due to the current inventory levels, it’s crucial to price your home competitively from the outset if you’re considering selling.
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 you are most interested in. Not sure which communities fit your lifestyle? Contact us, and we’ll help you target the neighborhoods offering the amenities, homes, and lifestyle you want to enjoy.
April Lee County Housing Market Report – Condos and Townhomes
April 2025 versus April 2024 Condo Highlights:
- Condo sales decreased from 610 to 533, or a 12.6 percent decline.
- Pending sales decreased 13.1 percent from 573 last April to 498 this April.
- Inventory increased 38.5 percent up to 5,107 condos for sale compared to the prior April when there were only 3,668 units for sale.
- New listings decreased from 852 down to 752, which was a 11.7 percent decrease.
- The median days to contract was 74 days, representing a 42.3 percent increase versus April 2024
- Condo inventory ended April with a 14.3-month supply of properties available for sale, a 72.3 percent increase over the previous year.
Overall, inventory decreased by 3.9 percent compared to March, representing a net reduction of 205 condos for sale.
Ultimately, Lee County finished the month with a 14.3-month supply of condos for sale, down from a 14.6-month supply during the prior month. Therefore, it remains a buyer’s market. As such, if you are a seller, you should assess the other properties available to ensure you align with the current market value.
Similar to the single-family home market, the days on market increased month-over-month from 71 days in March to 74 days in April. Additionally, the days on the market were well above last year’s average of 52 days for a property to go to contract. Ultimately, the DOM is still well below the traditional 120 days for a property to contract.
Also, the median condo price concluded the month at $302,000, up from the prior month’s $295,000. However, it was down from $339,700 compared to the preceding year. As long as inventory levels remain well above normal, the market will likely remain a buyer’s market for the foreseeable future.
Finally, 67.7 percent of condo transactions were cash sales, down from 68.3 percent during the previous month. Therefore, if you are financing your condo purchase, be aware that you will still be competing with many cash buyers.
Top 10 Luxury Lee County Golf Home Sales in April
- $6,200,000 – Quail West single family home – 94% of list price
- $6,000,000 – Quail West single family home – 96% of list price
- $4,755,950 – Quail West single family home – 96% of list price
- $4,725,000 – Quail West single family home – 95% of list price
- $4,600,000 – Miromar Lakes single family home – 92% of list price
- $4,100,000 – Bonita Bay single family home – 96% of list price
- $3,750,000 – Bonita Bay condominium – 94% of list price
- $3,400,000 – Bonita Bay single family home – 94% of list price
- $3,195,000 – Grandezza single family home – 91% of list price
- $3,150,000 – Quail West single family home – 95% of list price
Southwest Florida April Housing Market Reports
2025 April Lee County Real Estate Market Stats – Single Family Homes
2025 April Lee County Real Estate Market Stats – Condos
Ultimately, whether you plan to purchase now or sometime in the future, it is a good time to start viewing homes online in neighborhoods that fit your criteria. To stay up to date, sign up for automatic property alerts.
Or, if you are thinking of selling, let’s connect to discuss timing. We will provide you with the latest market data for your neighborhood and help you decide if it makes sense to list your property. We will determine the optimum selling price together if you decide to move forward.
Which Golf Community is Right for You?
Navigating the 200-plus golf course communities Southwest Florida offers can be overwhelming. With over 20 years of experience, we’ve been assisting clients with finding their dream homes in golf communities. From luxury private golf communities to bundled golf communities, we will help you find the club, course, membership, amenities and location that will best match your lifestyle.
With two decades of experience helping buyers find the ideal property in golf communities in Southwest Florida, we’ve established exceptional relationships with the membership directors at each club. We will help facilitate conversations and appointments with membership directors so you can learn more about the club, its members, and membership options, including initiation fees, annual dues, and club amenities.
Call us today to start the process at 239.370.0892.
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
