SOUTHWEST FLORIDA MARKET REPORT – JUNE 2020

SOUTHWEST FLORIDA

With 25,889 properties sold, sales were up .77% over the preceding 12-month period when 25,691 properties were sold.  New listings were down 14.5%, from 43,191 to 36,923. The average sales price, at $455,536 was up 2.2% from $445,750.  As of June 30, 2020, inventory stood at 9,941 units while months of supply was 4.61 months.

NAPLES

With 9,739 properties sold, sales were up .7% over the preceding 12-month period when 9,669 properties were sold.  New listings were down 9.9%, from 15,622 to 14,075. The average sales price, at $613,206, was up .5% from $610,188.  As of June 30, 2020, inventory stood at 4,547 units while months of supply was 5.6 months.

MARCO ISLAND

With 835 properties sold, sales were up 7.9% over the preceding 12-month period when 774 properties were sold. New listings were down 10.1%, from 1,403 to 1,262. The average sales price, at $799,755, was up 2.5% from $780,213. As of June 30, 2020, inventory stood at 545 units while months of supply was 7.83 months.

BONITA SPRINGS – ESTERO

With 3,018 properties sold, sales were down 2.1% over the preceding 12-month period when 3,083 properties were sold. New listings were down 17.8%, from 4,744 to 3,901. The average sales price, at $410,910, was down .5% from $413,124. As of June 30, 2020, inventory stood at 1,167 units while months of supply was 4.64 months.