I like to look at the past 24 hours to see what our local market is doing. In Lee County Florida over the past 24 hours the Market Report shows us the Residential Market has had the following actions:
1. New Listings were 194
2. Sold 105
3. Back on the Market 29
4. Listings Extended 34
5. Pending Sales 183
6. Price Increase 16
7. Price Decrease 222
8. New Listings included 22 homes with a Price Point of $1 million +. The highest price was $6,295,000.
9. The Sold homes had 11 that were $1 million or more. The highest priced sold was $3,150,000.
This market report is encouraging in that with a low inventory for Lee County, seeing the new listings gives me a new group of homes to show my Buyers.
To see the number of $Million homes listed and sold encourages me that our area has quality and we have a good number of people who are willing to pay to live in Southwest Florida.
I want to always be prepared to serve the consumer with the latest market information and that is why I check the Lee County 24 Hour Market Report.
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