Back HomeSOUTHWEST FLORIDA MARKET REPORT – MAY 2020
SOUTHWEST FLORIDA
With 26,057 properties sold, sales were up 1.1% over the preceding 12-month period when 25,776 properties were sold. New listings were down 14.7%, from 43,220 to 36,870. The average sales price, at $450,222 was up .8% from $446,642. As of May 31, 2020, inventory stood at 10,973 units while months of supply was 5.05 months.
NAPLES
With 9,807 properties sold, sales were up .7% over the preceding 12-month period when 9,740 properties were sold. New listings were down 11.2%, from 15,644 to 13,898. The average sales price, at $605,026, was down .8% from $609,970. As of May 31, 2020, inventory stood at 4,974 units while months of supply was 6.09 months.
MARCO ISLAND
With 821 properties sold, sales were up 3.1% over the preceding 12-month period when 796 properties were sold. New listings were down 12.7%, from 1,411 to 1,232. The average sales price, at $780,712, was down .9% from $787,824. As of May 31, 2020, inventory stood at 597 units while months of supply was 8.73 months.
BONITA SPRINGS – ESTERO
With 3,011 properties sold, sales were down 3.3% over the preceding 12-month period when 3,112 properties were sold. New listings were down 18.3%, from 4,758 to 3,889. The average sales price, at $405,295, was down .8% from $408,747. As of May 31, 2020, inventory stood at 1,249 units while months of supply was 4.98 months.
