Southwest Florida Real Estate Market Statistics (2024)

Below you'll find statistics on homes for sale in Southwest Florida, updated every day from My Florida Regional MLS or MFRMLS. These statistics include information on listings in the SouthwestFL area as a whole as well as within individual neighborhoods and subdivisions in Southwest FL.

In addition to information on the average price of Southwest FLreal estate listings, you'll also find info on the average days on market, the average price reduction, average price of homes by bedroom, and more. You can also view today's new properties for any neighborhood or subdivision.

If you have questions or would like more detailed information on any of these SouthwestFL real estate listings, please let us know -- we're happy to provide information on recently sold properties, disclosures on current listings for sale, or anything else we can help you with.

Boca Grande Trends / March 6, 2024

Listed

New Today

$3,500,000

Med. List Price

Market Snapshot

Total Properties:91

MoM Change:18.18%

Avg Days On Market:108

Median List Price:$3,500,000

MoM Change:-0.43%

Highest List Price:$24,000,000

Lowest List Price:$225,000

Typical Property

Single-Family Home:3.11 Beds
3.42 Baths

List Price:$4,767,753

Price per SqFt:$1,842.14

Price Reduction:-2.00%

Average Price by Bedrooms

1 Bedroom:$1,279,750

2 Bedrooms:$2,354,909

3 Bedrooms:$4,465,971

4 Bedrooms:$6,997,107

5 Bedrooms:$12,047,000

View Current Listings

Englewood Trends / March 6, 2024

963

Listed

New Today

$334,900

Med. List Price

Market Snapshot

Total Properties:963

MoM Change:3.66%

Avg Days On Market:119

Median List Price:$334,900

MoM Change:1.49%

Highest List Price:$11,900,000

Lowest List Price:$24,900

Typical Property

Single-Family Home:2.55 Beds
2.27 Baths

List Price:$519,718

Price per SqFt:$362.43

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$187,157

2 Bedrooms:$377,636

3 Bedrooms:$822,329

4 Bedrooms:$1,516,272

5 Bedrooms:$2,422,035

View Current Listings

Manasota Key Trends / March 6, 2024

Listed

New Today

$762,500

Med. List Price

Market Snapshot

Total Properties:92

MoM Change:-1.08%

Avg Days On Market:105

Median List Price:$762,500

MoM Change:-10.28%

Highest List Price:$11,900,000

Lowest List Price:$219,900

Typical Property

Single-Family Home:2.65 Beds
2.82 Baths

List Price:$1,706,065

Price per SqFt:$761.01

Price Reduction:-3.00%

Average Price by Bedrooms

1 Bedroom:$289,817

2 Bedrooms:$649,473

3 Bedrooms:$2,743,373

4 Bedrooms:$3,928,355

5 Bedrooms:$3,541,333

View Current Listings

Nokomis Trends / March 6, 2024

353

Listed

New Today

$549,000

Med. List Price

Market Snapshot

Total Properties:353

MoM Change:4.75%

Avg Days On Market:99

Median List Price:$549,000

MoM Change:-4.52%

Highest List Price:$12,500,000

Lowest List Price:$18,000

Typical Property

Single-Family Home:2.91 Beds
2.49 Baths

List Price:$990,887

Price per SqFt:$503.33

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$685,538

2 Bedrooms:$671,234

3 Bedrooms:$718,134

4 Bedrooms:$1,696,873

5 Bedrooms:$5,551,088

View Current Listings

North Port Trends / March 6, 2024

1305

Listed

New Today

$374,800

Med. List Price

Market Snapshot

Total Properties:1305

MoM Change:7.32%

Avg Days On Market:114

Median List Price:$374,800

MoM Change:-0.24%

Highest List Price:$2,400,000

Lowest List Price:$80,000

Typical Property

Single-Family Home:2.95 Beds
2.13 Baths

List Price:$385,495

Price per SqFt:$229.72

Price Reduction:-3.00%

Average Price by Bedrooms

1 Bedroom:$135,000

2 Bedrooms:$272,428

3 Bedrooms:$399,273

4 Bedrooms:$453,558

5 Bedrooms:$1,009,975

View Current Listings

Placida Trends / March 6, 2024

150

Listed

New Today

$696,750

Med. List Price

Market Snapshot

Total Properties:150

Typical Property

Single-Family Home:2.76 Beds
2.52 Baths

List Price:$991,376

Price per SqFt:$501.68

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$383,817

2 Bedrooms:$545,179

3 Bedrooms:$1,088,110

4 Bedrooms:$1,523,967

5 Bedrooms:$4,350,000

View Current Listings

Port Charlotte Trends / March 6, 2024

2202

Listed

New Today

$363,995

Med. List Price

Market Snapshot

Total Properties:2202

MoM Change:7.36%

Avg Days On Market:115

Median List Price:$363,995

MoM Change:-1.35%

Highest List Price:$5,500,000

Lowest List Price:$39,000

Typical Property

Single-Family Home:2.95 Beds
2.14 Baths

List Price:$423,067

Price per SqFt:$246.72

Price Reduction:-3.00%

Average Price by Bedrooms

1 Bedroom:$176,441

2 Bedrooms:$261,705

3 Bedrooms:$450,388

4 Bedrooms:$527,250

5 Bedrooms:$863,909

View Current Listings

Punta Gorda Trends / March 6, 2024

2374

Listed

New Today

$315,000

Med. List Price

Market Snapshot

Total Properties:2374

MoM Change:1.41%

Avg Days On Market:167

Median List Price:$315,000

MoM Change:-3.05%

Highest List Price:$15,500,000

Lowest List Price:$9,000

Typical Property

Single-Family Home:2.90 Beds
2.32 Baths

List Price:$378,491

Price per SqFt:$282.55

Price Reduction:-3.00%

Average Price by Bedrooms

1 Bedroom:$279,492

2 Bedrooms:$320,208

3 Bedrooms:$605,086

4 Bedrooms:$674,505

5 Bedrooms:$923,208

View Current Listings

Rotonda West Trends / March 6, 2024

715

Listed

New Today

$84,900

Med. List Price

Market Snapshot

Total Properties:715

MoM Change:5.30%

Avg Days On Market:165

Median List Price:$84,900

MoM Change:7.47%

Highest List Price:$2,995,000

Lowest List Price:$24,999

Typical Property

Single-Family Home:3.00 Beds
2.22 Baths

List Price:$249,296

Price per SqFt:$257.15

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$167,138

2 Bedrooms:$270,278

3 Bedrooms:$508,718

4 Bedrooms:$523,715

5 Bedrooms:No Listings

View Current Listings

Venice Trends / March 6, 2024

1344

Listed

New Today

$456,807

Med. List Price

Market Snapshot

Total Properties:1344

MoM Change:6.16%

Avg Days On Market:83

Median List Price:$456,807

MoM Change:-1.65%

Highest List Price:$4,250,000

Lowest List Price:$64,900

Typical Property

Single-Family Home:2.58 Beds
2.21 Baths

List Price:$511,196

Price per SqFt:$315.14

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$330,187

2 Bedrooms:$406,749

3 Bedrooms:$587,135

4 Bedrooms:$788,313

5 Bedrooms:$942,995

View Current Listings

Venice Island Trends / March 6, 2024

222

Listed

New Today

$529,500

Med. List Price

Market Snapshot

Total Properties:222

MoM Change:14.43%

Avg Days On Market:91

Median List Price:$529,500

MoM Change:-1.40%

Highest List Price:$4,250,000

Lowest List Price:$189,000

Typical Property

Single-Family Home:2.16 Beds
2.07 Baths

List Price:$690,820

Price per SqFt:$514.15

Price Reduction:-4.00%

Average Price by Bedrooms

1 Bedroom:$360,860

2 Bedrooms:$535,490

3 Bedrooms:$1,208,126

4 Bedrooms:$2,221,667

5 Bedrooms:$1,865,000

View Current Listings

Southwest Florida Real Estate Market Statistics (2024)

FAQs

What is the forecast for real estate in Florida in 2024? ›

According to Zillow, home price appreciation is expected to slow down significantly in the coming years, with a predicted increase of only 3.4% for 2024. This could provide relief to buyers who have been priced out of the market in recent times.

Are real estate prices dropping in Fort Myers, Florida? ›

The Fort Myers housing market is somewhat competitive. Homes in Fort Myers receive 2 offers on average and sell. The median sale price of a home in Fort Myers was $435K last month, up 7.4% since last year. The median sale price per square foot in Fort Myers is $244, down 2.8% since last year.…

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Where is the hottest real estate market in Florida? ›

Orlando and Tampa are poised to sizzle in the real estate scene this year, securing spots among the top 10 hottest markets in 2024, according to Zillow's latest report.

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Are home prices dropping in South Florida? ›

Measured against the previous month's data, Cape Coral posted a 63-basis point decline in premium; North Port, a 48-basis point decline; Deltona, a 32-basis point decline; Lakeland, a seven-basis point decline; and Tampa, a four-basis point decline.

Will rent prices go down in Florida in 2024? ›

The average rent in the Sunshine State was $2,400 in February 2024, down $33, or 1.37 percent, compared to January, according to real estate market website Redfin.

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Are people still moving to Florida in 2024? ›

In 2022, Florida saw nearly 250,000 net migrants — an increase of around 50% from 2016. While migration data has yet to be released by the USCB for 2023 and 2024, the most recent growth trends indicate that these problems might not be going away anytime soon.

Is it a good time to buy in Fort Myers, Florida? ›

Are Fort Myers home prices dropping or rising? Home prices in Fort Myers are rising overall. Median home prices are up 1.8% since February 2023 and up 39.3% in the past 3 years.

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Is Fort Myers a buyers or sellers market? ›

Fort Myers Housing Market Report Lee County, Florida. Is Fort Myers, FL a buyer's or seller's market? At the same time last year, Fort Myers was a Seller's Market. Fort Myers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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What is the most overpriced real estate in Florida? ›

Tampa, where buyers are paying an average 42.56 percent premium for a home, tops the list for Florida metros followed by North Port, 41.93 percent; Cape Coral, 41.66 percent; Lakeland, 40.26 percent; Palm Bay, 39.89 percent; Jacksonville, 38.37 percent; Orlando, 38.18 percent; and Deltona, 38 percent.

Where is the most expensive real estate in FL? ›

The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida. Gordon Pointe is a roughly 9-acre compound in Naples, Florida, in an affluent enclave called Port Royal.

Are home prices falling in southwest Florida? ›

One big reason is that most Florida housing markets still have inventory levels well below pre-pandemic 2019 levels. But we are seeing softening and mild home price declines in Southwest Florida markets, such as around Cape Coral, where inventory has spiked to or near pre-pandemic 2019 inventory levels.

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Is Florida becoming unaffordable? ›

Walsh said that low affordability and lean supply will remain the dominant forces in Florida's housing market over 2024. "Moody's Analytics expects prices to move sideways in the coming years, slowly restoring the balance between median house prices and median incomes," he said.

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Is the Florida real estate market cooling off? ›

Home values in Florida rose by 66.3% in the last 5 years. Home sales increased by 0.9% in January 2024 YoY despite the mortgage rate climbing to 7.28%! So, Florida's housing market is strong, if not bullish. Even if mortgage rates continue to increase alarmingly, home sales will not falter.

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Will 2024 be a good year to buy a house? ›

NAR forecasts that sales will rise by 13 percent in 2024. “Housing sales are expected to increase a bit from this year,” agrees Chen Zhao, who leads the economics team at Redfin. “However,” she qualifies, “we are not expecting sales to increase dramatically, as rates are likely to remain above 6 percent.”

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What is the future of the real estate market in Florida? ›

We don't see a housing market crash in the Sunshine State in the foreseeable future. Our Florida real estate forecast is that the Florida housing market will remain strong throughout 2024. Home values will rise, and as homebuyers become more comfortable with the state of the economy, they will reenter the market.

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Is it a good time to sell a house in Florida? ›

Best Time to Sell Your House for a Higher Price

April, May, and June are the best months to sell your house in Florida. The median sale price of houses in June 2023 was $409,600, which is expected to rise in 2024.

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