April Monthly Real Estate Market Report

Jodee Bennett, SWFL Real Estate, John R. Wood Properties

Southwest Florida

With 27,516 properties sold, sales were up 7.9% over the preceding 12-month period when 25,514 properties were sold. New listings were down 13.9%, from 43,365 to 37,325. The average sales price, at $452,227 was up 1% from $448,599. As of April 30, 2020, inventory stood at 11,801 units while months of supply was 5.15 months.

Bonita-Estero

With 3,230 properties sold, sales were up 6.4% over the preceding 12-month period when 3,037 properties were sold. New listings were down 18.2%, from 4,809 to 3,935. The average sales price, at $408,977, was up 1% from $405,325. As of April 30, 2020, inventory stood at 1,348 units while months of supply was 5 months.

Cape Coral

With 6,217 properties sold, sales were up 9.7% over the preceding 12-month period when 5,665 properties were sold. New listings were down 11.3%, from 8,845 to 7,849. The average sales price, at $287,250, was up 4.2% from $275,741. As of April 30, 2020, inventory stood at 1,831 units while months of supply was 3.53 months.

Fort Myers Beach

With 426 properties sold, sales were up 4.9% over the preceding 12-month period when 406 properties were sold. New listings were down 14.8%, from 703 to 599. The average sales price, at $564,028, was up 9.9% from $513,027. As of April 30, 2020, inventory stood at 253 units while months of supply was 7.13 months.

Fort Myers

With 5,969 properties sold, sales were up 6.6% over the preceding 12-month period when 5,602 properties were sold. New listings were down 19%, from 11,237 to 9,101. The average sales price, at $282,904, was up 3.1% from $274,388. As of April 30, 2020, inventory stood at 2,055 units while months of supply was 4.13 months.

Naples

With 10,374 properties sold, sales were up 7.8% over the preceding 12-month period when 9,623 properties were sold. New listings were down 11%, from 15,652 to 13,923. The average sales price, at $609,152, was down 1% from $615,508. As of April 30, 2020, inventory stood at 5,271 units while months of supply was 6.1 months.

Marco Island

With 868 properties sold, sales were up 7.8% over the preceding 12-month period when 805 properties were sold. New listings were down 13.5%, from 1,425 to 1,233. The average sales price, at $771,458, was down 3.7% from $801,376. As of April 30, 2020, inventory stood at 625 units while months of supply was 8.64 months.

Sanibel-Captiva

With 432 properties sold, sales were up 14.9% over the preceding 12-month period when 376 properties were sold. New listings were down 1.3%, from 694 to 685. The average sales price, at $972,268, was up 7.9% from $901,395. As of April 30, 2020, inventory stood at 418 units while months of supply was 11.61 months.

If you are looking to sell or buy a property, contact Jodee and her network of elite professionals at 239.631.2561 or email jbennett@johnrwood.com.

John R. Wood Properties Logo

1185 Immokalee Rd, Ste. #300

Naples, FL 34110

Please don’t hesitate to call me at 239.631.2561, email jbennett@johnrwood.com, or visit coastalhome4you.com.

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