The holiday break is behind us, and it's time to start putting plans for 2023 firmly into action. If shopping for a home in Southwest Florida is at the top of your to-do list this year, then it pays to stay up to date on the latest market trends. Our real estate agents are here to help with our Southwest Florida Market Report for December 2022.
Overall, there were 27,585 properties sold in Southwest Florida during the 12-month period ending on December 31, 2022, a 30.25 percent decrease compared to the previous 12-month period when 39,551 properties were sold. New listings decreased by 5.46 percent, from 36,654 to 34,652. The average sales price in Southwest Florida increased by 21.94 percent, from $640,098 to $780,567. Inventory for Southwest Florida as of December 31, 2022, stood at 5,911 units and 2.57 months of supply.