Southwest Florida real estate markets remained quite busy during the close of summer, and our team is always keeping an eye on the latest data to help you stay informed. Whether you're buying, selling, or waiting for the perfect opportunity, knowledge of the latest real estate trends can help you accomplish your goals. Our real estate agents have the latest details in our Southwest Florida Market Report for September 2021.
Southwest Florida
Selling season continued in Southwest Florida this September, with 40,881 properties sold and a 44.01 percent increase in sales year-over-year. There were 37,491 new listings in September, which marks a slight 4.62 percent decrease compared to the previous year. The average sale price rose by 28.19 percent to $616,530. As of September 30, there were 2,494 units available, which equates to .73 months of supply.
Naples
Naples homes for sale continue to rank among the most popular real estate in Southwest Florida, with 16,672 properties sold and a 51.92 percent increase over the previous year. New listings were down by 2.1 percent to a total of 14,940. The average sale price of $814,828 marks a 25.32 percent increase year-over-year. Inventory stood at 1,010 units and .73 months of supply.
Marco Island
Marco Island saw one of the most substantial sales increases in September, with a 73.75 percent jump to a total of 1,635 properties sold. New listings were also on the rise, with a 3.41 percent increase to a total of 1,427. The average sale price checked in at $995,022, a year-over-year increase of 23.46 percent. Inventory in Marco Island was 178 units and 1.31 months of supply.
Bonita Springs–Estero
The good news continues in Bonita Springs-Estero, with a sales increase of 48.74 percent to 4,880 units sold. New listings dipped by 9.82 percent, with a total of 4,161 new listings in September. The average sale price increased by 24.24 percent to $524,865. Inventory stood at 180 units, equal to .44 months of supply.
Fort Myers
There were 8,095 properties sold in Fort Myers in September, a year-over-year increase of 36.62 percent. New listings declined by 13.93 percent to 7,279, while the average sale price increased by 20.61 percent to $361,487. Inventory in Fort Myers checked in at 375 units and .56 months of supply.
Fort Myers Beach
With 643 properties sold, Fort Myers Beach saw a 40.70 sales increase over the previous year. There were 609 new listings in September, which marks a 9.91 percent decrease year-over-year. Average sale price was on the rise by 15.81 percent to $664,810. There were 79 units of inventory at the end of September, with 1.47 months of supply.
Sanibel & Captiva Islands
Sanibel & Captiva Islands saw the largest sales increase in September, with a 78.4 percent increase and 826 properties sold. New listings decreased by 16.69 percent with a total of 659, while the average sale price increased by 24.23 percent to $1,157,073. Inventory checked in at 75 units, which equals 1.09 months of supply.
Cape Coral
Sales were up in Cape Coral as well, with a 28.09 percent increase to 8,130 properties sold. New listings also increased to 8,416, which marks a 3.54 percent jump year-over-year. The average sale price rose by 28 percent to $383,994. Inventory for Cape Coral was 597 units and .88 months of supply.
Are you ready to take advantage of the latest trends? Our team is here to help you plan your next move. Contact us to buy and sell homes in your favorite Southwest Florida communities.
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