🌴 SW Florida August Market Update Fort Myers – Josh Bohling - LPT Realty SW FL

Summer in Florida usually slows the real estate market — storms, heat, fewer tourists. Yes, headlines about a sluggish market and rising inventory aren’t wrong. After years of rapid growth, the market has cooled — higher prices, rising insurance, cautious buyers, and overbuilding all play a role. 🌪️🏗️📉. 

But the local Fort Myers numbers paint the true picture...

📍 Fort Myers – Single Family Homes (July 2025 vs 2024)

* 📈 Closed sales units: 249 (down 5%)
* 📦 Active inventory units: 1,574 (up 18.8%)
* 🏡 New listings: 325 (down 7.7%)
* 💵 Median sales price:$405,000 (down 10.7%)
* 📉 Median price per sq ft:$224 (down 12.2%)
* ⏳ Median days on market:55 (up 14.6%)
* 📊 Months of supply:6.3 (up 25%)
* 🔻 List-to-sale ratio: 94.3% (down 1.6%)

✅ Takeaway: A balanced market with softening prices, slightly more inventory, and stronger buyer leverage.

📊 Market Trends at a Glance

📍 Fort Myers – Condos & Townhouses (July 2025 vs 2024)

* 📈 Closed sales units: 161 (down 1.2%)
* 📦 Active inventory units: 1,600 (up 2.8%)
* 🏡 New listings: 215 (down 17.3%)
* 💵 Median sales price: $230,000 (down 16.4%)
* 📉 Median price per sq ft: $170 (down 12.4%)
* ⏳ Median days on market: 97 (up 43.7%)
* 📊 Months of supply: 9.9 (up 4.1%)
* 🔻 List-to-sale ratio: 93.6% (down 2%)

✅  Takeaway: Condos/townhouses are showing deeper price corrections and longer market times than single family homes — good news for buyers seeking value and options. 

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📊 Market Trends at a Glance

Condo/Townhome activity

 🧠 What Does It All Mean?

Single Family Homes = Balanced market, prices easing, inventory growing, good buyer leverage.
Condos/Townhomes = Deeper discounts, slower sales, longer days on market — an even stronger buyer’s market.

👉 The takeaway. Buyers have a unique window of opportunity this summer. Whether you’re looking for a single-family home or a condo, pricing has softened, inventory is available, and negotiations are in your favor.

📞 Ready to make your move? Let’s talk strategy and find the right opportunity for you.

Josh Bohling REALTOR📍 LPT Realty | Southwest Florida
Cell📲 239-320-5326-Call or Text