LEE COUNTY FLORIDA
Benchmark Price 1: $925,000
LUXURY INVENTORY VS. SALES | SEPTEMBER 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
$1,200,000 - $1,399,999
$1,100,000 - $1,199,999
$1,000,000 - $1,099,999
$925,000 - $999,999 Inventory Sales
LEE COUNTY SINGLE - FAMILY HOMES
Luxury Benchmark Price 1: $925,000
13 - MONTH LUXURY MARKET TREND 4
MEDIAN DATA REVIEW | SEPTEMBER
VARIANCE: 30 % 785 1,022 Sept. 2023 Sept. 2024 TOTAL INVENTORY VARIANCE: - 40 % 87 52 TOTAL SOLDS VARIANCE:
SALES PRICE VARIANCE: 21 % 56 68 DAYS ON MARKET VARIANCE: - 2 % 95.18% 93.65% SALE TO LIST PRICE RATIO
Sept. 2023 Sept. 2024 Sept. 2023 Sept. 2024 Sept. 2023 Sept. 2024
VARIANCE: - 5 % $492 $469 SALE PRICE PER SQFT. Sept. 2023 Sept. 2024 Sept. 2023 Sept. 2024
LEE COUNTY MARKET SUMMARY | SEPTEMBER 2024
• The single-family luxury market is a Buyer's Market with a 5% Sales Ratio.
• Homes sold for a median of 93.65% of list price in September 2024.
• The most active price band is $1,000,000-$1,099,999, where the sales ratio is 9%
• The median luxury sales price for single-family homes is $1,187,500.
• The median days on market for September 2024 was 68 days, up from 56 in September 2023.
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LUXURY INVENTORY VS. SALES | SEPTEMBER 2024
$2,200,000
$650,000
$600,000
13 - MONTH LUXURY MARKET TREND 4
Solds Median Sales Price Inventory
MEDIAN DATA REVIEW | SEPTEMBER
LEE COUNTY MARKET SUMMARY |
• The attached luxury market is a Buyer's Market with a 5% Sales Ratio. • Homes sold for a median of 94.59% of list price in September 2024.
• The most active price band is $1,000,000-$1,099,999, where the sales ratio is 18%
• The median luxury sales price for attached homes is $800,000.
• The median days on market for September 2024 was 94 days, up from 17 in September 2023.