SW Florida September Market Update – Fort Myers | Josh Bohling - LPT Realty SW FL

by Josh Bohling

As we head into September, the Southwest Florida real estate market continues to present a dynamic landscape. Key trends include shrinking inventory and downward pressure on prices, though we are observing early signs of stabilization.

Several external factors could significantly impact the market's trajectory:

Federal Level: Ongoing discussions about potential cuts to the Fed rates.
State Level: Proposals to eliminate property taxes.
Economic Boost: A notable surge in Florida's tourism sector.

These elements combined suggest a pivotal moment for the SWFL market. It will be interesting to see how they influence buyer and seller behavior in the coming months.

But the local Fort Myers numbers tell the real story...

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

📈 Closed sales: 240 (down 9.8%)
📦 Active inventory: 1,441 (up 10.2%)
🏡 New listings: 359 (down 5.8%)
💵 Median sales price: $430,000 (down 2.7%)
📉 Median Sold $/SqFt: $234 (down 2.9%)
⏳ Median days on market: 63 (up 45.3%)
📊 Months of supply: 6.0 (up 22.1%)
🔻 List-to-sale ratio: 96.0% (down 0.2%)

✅ Takeaway: The single-family market in Fort Myers shows a slight cooling trend with decreases in closed sales, median sales price, and median sold price per square foot. Days on market and months of supply have increased, indicating a shift towards a more balanced market with more options for buyers. Active inventory and new listings also saw changes, suggesting a dynamic environment where well-priced homes are still attracting attention.

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

📈 Closed sales: 147 (down 3.9%)
📦 Active inventory: 1,457 (down 4.1%)
🏡 New listings: 238 (down 24.2%)
💵 Median sales price: $239,900 (down 14.3%)
📉 Median Sold $/SqFt: $176 (down 12.4%)
⏳ Median days on market: 118 (up 63.2%)
📊 Months of supply: 9.9 (down 0.2%)
🔻 List-to-sale ratio: 93.8% (down 0.9%)

✅ Takeaway: The Fort Myers condo and townhouse market is experiencing a significant shift towards a buyer's market. While months of supply remained relatively stable, closed sales, median sales price, median sold price per square foot, and new listings all saw notable decreases. The substantial increase in median days on market further emphasizes that buyers have more time and leverage for negotiations, making it an opportune time for those looking for value.

🧠 What Does It All Mean?

Single Family Homes → The Fort Myers single-family market is becoming more balanced, with a slight decrease in prices and an increase in days on market. This suggests that while demand is still present, buyers have more room for negotiation and selection.

Condos/Townhomes → The condo and townhouse market in Fort Myers is clearly favoring buyers, with significant price reductions and longer selling times. This presents excellent opportunities for buyers to find competitive deals and negotiate favorable terms.

👉 The takeaway: Fort Myers offers diverse opportunities this summer. For single-family homes, the market is becoming more balanced, providing buyers with more choices. For condos and townhouses, buyers have significant leverage due to price adjustments and increased days on market. Whether you’re looking for a single-family home or a condo, conditions are favorable and inventory is available.

📞 Thinking about making a move in Fort Myers? Let’s talk strategy and find the right fit for you.

—
Josh Bohling
📍 LPT Realty | Southwest Florida
📲 239-320-5326 (Call or Text)

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