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Date Archives: June 20th, 2022
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Monthly Market Report May 2022
Summer weather is here, and so is a hot real estate market! Thinking of buying or selling a home in Southwest Florida this summer? Keeping up with the latest market trends is a key factor in accomplishing your goals. Our real estate agents have the latest data to help you make informed decisions in our Southwest Florida Market Report for May 2022.
Southwest Florida
Overall, there were 34,635 properties sold in Southwest Florida in the 12-month period ending on May 31, 2022, a decrease of 14.06 percent compared to the previous 12-month period. New listings decreased by 7.72 percent, from 39,584 to 36,528. The average sales price increased by 21.19 percent, from $584,842 to $708,762. As of the end of May, inventory stood at 4,161 units, with 1.44 months of supply.
