Southwest Florida Home Listings Fall 19.3% in May as Market Shifts Toward Neutral
Updated
Updated · Wink News · Jul 9
Southwest Florida Home Listings Fall 19.3% in May as Market Shifts Toward Neutral
3 articles · Updated · Wink News · Jul 9
Summary
May listings in Southwest Florida fell 19.3% from a year earlier, extending a three-month decline and pushing the region away from an oversupplied market toward a neutral one.
FGCU economists said the shift reflects moderating supply and demand: some sellers who do not need to move are pulling properties, while price declines continue but at a slower pace.
23,500 homes are still listed in Lee County, and inventory remains above pre-pandemic levels after COVID-era building added supply even as migration slowed and hurricane costs pushed some owners out.
2,512 single-family homes sold across the coastal counties in May, up 4.2% from May 2025, with some properties again drawing multiple offers.
Realtors and economists said the market is still closer to buyers than sellers, though a fresh wave of fall listings could tilt conditions back toward buyers.