Lee County real estate market statistics
Welcome to September. I can't believe we're 2/3 through 2008 already. This year seemed to FLY by. It has proved to be a very historical year so far for real estate here in SW Florida. With unprecedented foreclosures and short sales in Lee County, the values definitely continued to decline. Sales went up over the year however. I'd like to share with you statistics I pulled up today. From January - August residential sales (not including multi-family or land) in Lee County by the year. 2009: 13,505 * 2008: 7,252 2007: 5,414 2006: 8,052 2005: 10,896 * 2004: 9,351 * 2005 was our peak year for values & volumes prior to 2009 which clearly shows nearly 125% more sales than in 2005! I also calculated the median sales price to…