LEE FLORIDACOUNTY Home of the CLHMS TM 2022 AUGUST
7 4 8 3 18 27 35 35 40 41 45 92 57 29 97 0 0 1 3 3 4 1 4 10 4 14 22 7 7 19 $7,500,000+ $6,400,000 - $7,499,999 $5,400,000 - $6,399,999 $4,600,000 - $5,399,999 $3,800,000 - $4,599,999 $3,200,000 - $3,799,999 $2,600,000 - $3,199,999 $2,200,000 - $2,599,999 $1,800,000 - $2,199,999 $1,600,000 - $1,799,999 $1,400,000 - $1,599,999 $1,200,000 - $1,399,999 $1,100,000 - $1,199,999 $1,000,000$925,000$1,099,999-$999,999 Inventory Sales Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 2,999 $1,200,000 3 3 52 354 15% 3,000 - 3,999 $1,725,000 4 4 33 108 31% 4,000 - 4,999 $1,720,000 4 5 9 39 23% 5,000 - 5,999 $3,300,000 5 6 3 22 14% 6,000 - 6,999 $5,300,000 4 7 1 9 11% 7,000+ $5,300,000 5 6 1 6 17% LEE COUNTY SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | JULY 2022 Luxury Benchmark Price 1: $925,000 Balanced Market538Total Inventory: 99Total Sales: 18%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
MEDIAN DATA REVIEW | JULY 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 255 270 254 273 251 226 215 240 277 351 466 571 538 96 77 100 90 115 152 109 124 195 203 215 161 99 $1,266,000 $1,350,000 $1,290,178 $1,415,000 $1,275,000 $1,359,500 $1,450,000 $1,392,500 $1,300,000 $1,275,000 $1,375,000 $1,300,000 $1,300,000 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Lee County single-family luxury market is a Balanced Market with a 18% Sales Ratio • Homes sold for a median of 97.31% of list price in July 2022. • The most active price band is $4,600,000-$5,399,999, where the sales ratio is 100% • The median luxury sales price for single-family homes is $1,300,000. • The median days on market for July 2022 was 14 days, down from 16 in July 2021. LEE COUNTY SINGLE FAMILY HOMES LEE COUNTY MARKET SUMMARY | JULY 2022 VARIANCE: 111 % 255 538 Jul. 2021 Jul. 2022 TOTAL INVENTORY VARIANCE: 3 % 96 99 TOTAL SOLDS VARIANCE: 3 % $1.27m $1.30m SALES PRICE VARIANCE: 13 % 16 14 DAYS ON MARKET VARIANCE: 1 % 98.17% 97.31% SALE TO LIST PRICE RATIO VARIANCE: 21 % $417 $505 SALE PRICE PER SQFT. Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022
25 2 7 2 5 7 14 7 2 16 24 35 30 18 22 0 0 0 1 0 3 3 3 5 6 6 11 10 9 6 $3,000,000+ $2,600,000 - $2,999,999 $2,200,000 - $2,599,999 $1,900,000 - $2,199,999 $1,700,000 - $1,899,999 $1,500,000 - $1,699,999 $1,300,000 - $1,499,999 $1,100,000 - $1,299,999 $1,000,000$900,000$1,099,999-$999,999$800,000-$899,999$700,000-$799,999$650,000-$699,999$600,000-$649,999$575,000-$599,999 Inventory Sales LEE COUNTY ATTACHED HOMES Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,999 $725,000 2 2 41 131 31% 2,000 - 2,499 $786,777 3 3 15 33 45% 2,500 - 2,999 $1,425,000 3 3 7 22 32% 3,000 - 3,499 NA NA NA 0 11 0% 3,500 - 3,999 NA NA NA 0 7 0% 4,000+ NA NA NA 0 12 0% LUXURY INVENTORY VS. SALES | JULY 2022 Luxury Benchmark Price 1: $575,000 Seller's Market216Total Inventory: 63Total Sales: 29%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
82 98 86 88 78 71 54 79 93 146 180 211 216 68 64 54 58 49 91 64 75 109 117 120 129 63 $813,000 $770,000 $749,444 $676,250 $750,000 $770,000 $775,000 $799,000 $790,000 $848,000 $820,450 $800,000 $769,500 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 163 % 82 216 VARIANCE: 7 % 68 63 VARIANCE: 5 % $813k $770k SALES PRICE VARIANCE: 50 % 6 9 DAYS ON MARKET VARIANCE: 2 % 100.00% 98.32% SALE TO LIST PRICE RATIO VARIANCE: 1 % $437 $443 SALE PRICE PER SQFT. LEE COUNTY MARKET SUMMARY | JULY 2022 LEE COUNTY ATTACHED HOMES • The Lee County attached luxury market is a Seller's Market with a 29% Sales Ratio • Homes sold for a median of 98.32% of list price in July 2022. • The most active price band is $1,000,000-$1,099,999, where the sales ratio is 250% • The median luxury sales price for attached homes is $769,500. • The median days on market for July 2022 was 9 days, up from 6 in July 2021. Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 MEDIAN DATA REVIEW | JULY TOTAL INVENTORY TOTAL SOLDS