LEE COUNTY FLORIDA
LUXURY INVENTORY VS. SALES | NOVEMBER 2024
Buyer's Market
$7,500,000+
$6,400,000 - $7,499,999
$5,400,000 - $6,399,999
$4,600,000 - $5,399,999
$3,800,000 - $4,599,999
$3,200,000 - $3,799,999
$2,600,000 - $3,199,999
$2,200,000
$1,400,000 - $1,599,999
$1,200,000 - $1,399,999
$1,100,000 - $1,199,999
$1,000,000 - $1,099,999
$925,000 - $999,999
LEE COUNTY SINGLE - FAMILY HOMES
Luxury Benchmark Price 1: $925,000
MEDIAN DATA REVIEW | NOVEMBER 13 - MONTH LUXURY MARKET TREND
VARIANCE: 16 % 1,073 1,244 Nov. 2023 Nov. 2024 TOTAL INVENTORY VARIANCE: - 3 % 73 71 TOTAL SOLDS
$456 $503 SALE PRICE PER SQFT.
VARIANCE: 10 %
SALES PRICE VARIANCE: - 10 % 41 37 DAYS ON MARKET VARIANCE: - 2 % 95.74% 93.93% SALE TO LIST PRICE RATIO
LEE COUNTY MARKET SUMMARY | NOVEMBER 2024
• The single-family luxury market is a Buyer's Market with a 6% Sales Ratio.
• Homes sold for a median of 93.93% of list price in November 2024.
• The most active price band is $7,500,000+, where the sales ratio is 15%
• The median luxury sales price for single-family homes is $1,315,000.
• The median days on market for November 2024 was 37 days, down from 41 in November 2023.
LUXURY INVENTORY VS. SALES | NOVEMBER 2024
$2,200,000
$650,000
$600,000
13 - MONTH LUXURY MARKET TREND 4
Solds Median Sales Price Inventory
MEDIAN DATA REVIEW | NOVEMBER
TOTAL INVENTORY TOTAL SOLDS
LEE COUNTY MARKET SUMMARY | NOVEMBER
• The attached luxury market is a Buyer's Market with a 3% Sales Ratio.
• Homes sold for a median of 96.25% of list price in November 2024.
• The most active price band is $800,000-$899,999, where the sales ratio is 8%
• The median luxury sales price for attached homes is $830,000.
• The median days on market for November 2024 was 55 days, up from 13 in November 2023.