Miloff Aubuchon Realty Market Update April 2025

April 14, 2025 | Blog

We’ve officially entered a new chapter in Southwest Florida real estate-and it’s good news, whether you’re buying or selling.

The latest data and insights from the recent local Market Trends 2025 event confirm it: we’re in a buyer’s market for the first time in years. That means more homes for sale, less competition, and smarter opportunities for savvy buyers and sellers alike.

In March, single-family homes in Southwest Florida had a median price of $395,000 and spent about 49 days on the market.  More than 1,336 homes closed last month leaving us with a healthy 7 months of inventory available.

Condos and townhomes were priced at a median of $287,000, stayed on the market for around 72 days, and had an inventory at 10.6 months.

Single-family building permits took a slight dip in Lee and Collier Counties month-over-month but were up in Charlotte County.  Overall new construction remains steady.

What This Means for Buyers:
✓ More Choices: Inventory is up, giving you a wider selection in your price range.
✓ More Time: Homes are staying on the market longer-no more lightning-fast bidding wars.
✓ More Leverage: With more supply than demand, the negotiating power is shifting in your favor.

What This Means for Sellers:
Don’t panic! A buyer’s market doesn’t mean you missed your moment. If you bought your home before 2020, chances are, you’re sitting on some serious equity. It might be the perfect time to cash in-especially with so many out-of-town buyers still looking for their Florida dream.  If you purchased after 2021, strategy is key. Price and timing matter more than ever. That’s where I come in.

We’re in a rare window where both buyers and sellers can win-with the right guidance. If you’re even thinking about making a move, let’s talk strategy before the market shifts again.  Contact us to connect with one of our real estate professionals.