Miloff Aubuchon Realty Market Update February 2025
February 15, 2025 | Blog
Southwest Florida’s real estate market has shifted dramatically. With a surge of over 3,000 new listings in January, buyers now have unprecedented choices. Inventory has reached an 11-month supply for single-family homes and 17 months for condos and townhomes in Lee County, creating a prime opportunity for buyers.
Buyers Market Advantage
Buyer’s can leverage this increased inventory to secure favorable prices and terms. You’ll also position yourself for future price appreciation. But, market conditions can change rapidly so don’t miss this chance to find your perfect home at a favorable price.
Sellers Adapting to the New Landscape
This shift in the market requires sellers to adjust their strategies. Increased competition makes strategic pricing more critical than ever. To stand out, your property needs to be priced competitively and presented in its best light. Single-family homes here in Lee County are averaging 48 days on the market, while condos and townhomes are at 55 days. Sellers need to be realistic about timelines and understand that a competitive price is essential for a timely sale.
New Construction Considerations
For buyers exploring all options, new construction remains a viable choice. December’s single-family permits: Lee (696), Collier (216), Charlotte (197).
How We Can Help
Navigating this evolving market requires expertise and a tailored strategy. Whether you’re buying or selling, we can provide the guidance and support you need to achieve your real estate goals. Let’s discuss your real estate plans. Contact a Miloff Aubuchon Realty Group agent for a personalized consultation.