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SOUTHWEST FLORIDA MARKET PERSPECTIVE

The market continued its positive momentum in May, with closed sales rising 6.5% year over year. At the same time, new listings decreased 4.3% to 2,716—the lowest May total in more than a [...]

Compared to last year, closed sales for September were up 11.4%, with 1,642 sales reported. This brought year-to-date sales to 17,409, down 3.5% from the same period last year. Over the preceding three years, year-to-date sales through September posted year-over-year declines of 28%, 14%, and 8%, respectively. With August sales up and the [...]