May 2022 Market Update By D. Michael Burke In early April, we pointed out that active for-sale inventory in both Lee and Collier counties was down substantially year-over-year. At that point, we reported that February single-family home inventory in Collier and Lee counties was down by 27% and 23%, respectively, from the same reporting period […]
April 2022 – SWFL Real Estate Market Update
April 2022 Market Update By D. Michael Burke The housing market in both Collier and Lee counties continues to remain strong, despite year-over-year declines in home sales. For example, for the month of February, in Collier County, closed sales of single-family homes and condos declined by 25% and 51%, respectively, from the same reporting period […]
March 2022 – SWFL Real Estate Market Update
March 2022 Market Update By D. Michael Burke The real estate market has been operating at a fever pitch over the past three years, with home values, home prices, sales volume, and transaction sides easily breezing past previous records. Despite securing consecutive banner years, many industry members have been anxiously awaiting another housing crash (similar […]