Monthly Market Detail - January 2014 Single Family Homes Lee County Month
New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month Economists' note : Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale. 2010
Pending Sales
1,900
2011
January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 2012
New Pending Sales
Percent Change Year-over-Year
1,278 851 1,081 1,116 1,057 1,259 1,149 1,154 1,465 1,508 1,500 1,421 1,365
-6.4% -16.4% 1.4% 2.2% 15.5% 36.1% 24.6% 17.5% 34.9% 10.6% 10.9% 15.9% 22.2%
2013
1,700 1,500 1,300 1,100 900 700 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
New Listings The number of properties put onto the market during the month Economists' note : In a recovering market, we expect that new listings will eventually rise as sellers raise their estimations of value. But this increase will take place only after the market has turned up, so New Listings are a lagging indicator of the health of the market. Also be aware of properties which have been withdrawn from the market and then relisted. These are not really New Listings.
New Listings
3,200
2010
2011
January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 2012
New Listings
Percent Change Year-over-Year
2,098 1,471 1,653 1,778 1,509 1,553 1,466 1,401 1,449 1,564 1,622 1,730 2,145
-2.2% 4.5% 6.9% 0.2% 7.5% -0.8% 4.8% -5.1% -11.3% -3.0% -10.9% -6.5% -1.3%
2013
2,700 2,200 1,700 1,200 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS速 with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.