Lee County Permits Fall for Single-Family Homes
During the month of July, new construction home builders only pulled 90 single-family home permits worth approximately $19.4 million. If you compare this July to June, the number of permits pulled fell by 4.2 percent. Last year, contractors pulled 116 permits which represents a 22.4 percent decline according to the Lee County Department of Community Development.
In addition, during July, there were 8 permits pulled for 8 multi-family units valued at approximately $815,000. In the previous month, there were 93 units pulled.
Bottom Line:
Less new construction will continue to contribute to the lack of supply of homes available for sale in Lee County.
When you are ready to start searching for a home in Bonita Springs, let me be your guide!
Matt Klinowski has lived in SWFL for more than 15 years. He is an expert on the local real estate market and specializes in real estate within golf communities. Matt enjoys the laid back lifestyle in Naples with his wife (More about Matt…).
Contact Matt: Matt@NaplesGolfGuy.com or 239-370-0892
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