The February 2025 Florida housing market update reveals a mix of steady pricing, rising inventory, and slower sales activity. While national headlines highlight uncertainty, the local story is more nuanced. Buyers have more options, sellers face more competition, and homes that stand out continue to sell. Understanding the data helps cut through the noise. Here’s what the numbers mean for buyers and sellers in Fort Myers, Cape Coral, and across the state.
Key Takeaways (TL;DR)
- Inventory increased sharply compared with last year, giving buyers more choices.
- Prices remained steady: $415,000 for single-family homes, $315,000 for condos.
- Sales slowed, with more hesitation in the market.
- Homes are taking longer to go under contract, but well-priced properties are still selling.
- Acting with a clear plan now may be smarter than waiting for “perfect” timing.
Pricing & Inventory in Florida and Fort Myers
Inventory climbed in February. Across Florida, single-family home listings rose 32 percent year-over-year, and condo inventory increased 36 percent. More options on the market mean buyers can be selective, but sellers are adjusting to stiffer competition.
Prices held firm. The statewide median single-family price was $415,000, unchanged from last year, while condos slipped slightly to $315,000. For sellers, stability in pricing is encouraging, but expectations need to match local demand to avoid listings that linger.
Buyer Demand and Pending Sales
Buyers are present, but hesitation is slowing movement. Many are waiting for stronger signals from the economy before making offers. This pause shows up in pending sales, which have softened.
That said, motivated buyers are still active. The difference is they are approaching with patience, evaluating options carefully rather than rushing. In Fort Myers and Cape Coral, this means well-positioned homes are drawing attention while overpriced listings struggle.
Days on Market and Selling Conditions
Time to contract increased in February. Homes are spending longer on the market compared with last year, reflecting cautious buyer behavior.
The exception is homes priced accurately from the start. These properties continue to attract showings and offers, while listings with inflated prices often need reductions before they move. Sellers who align with market reality see the best results.
Guidance for Buyers, Sellers, and Investors
For buyers, today’s market creates opportunity. With inventory up, choices are wider, and competition is less intense than during the peak of the past few years. Acting before hesitant buyers return could mean securing a home at a steadier price.
For sellers, strategy is everything. Correct pricing is critical, and presentation matters. Homes that look fresh, are marketed effectively, and meet buyer expectations are still selling in a reasonable timeframe.
For investors, steady pricing and increased selection present a window to find properties with long-term potential. Rental demand in Fort Myers and surrounding areas remains strong, supported by continued migration into Florida.
Market Outlook for Southwest Florida
The Florida housing market’s higher inventory gives buyers breathing room, but prices holding steady shows that demand remains. As 2025 progresses, the key variable will be buyer confidence. If hesitation eases, sales could pick up quickly, especially in desirable communities around Fort Myers, Estero, and Cape Coral.
Uncertainty may feel like safety, but in real estate, waiting can often reduce options. Acting with a plan based on local data is the best way to move forward.
FAQs About the Florida Housing Market
The median price for single-family homes was $415,000, unchanged from last year. Condos averaged $315,000, reflecting a slight dip.
Inventory gains are giving buyers more leverage, but prices have not dropped significantly. The market is balanced in some areas, leaning toward buyers in segments with higher supply.
Time to contract is increasing compared with last year. However, well-priced homes that stand out are still attracting timely offers.
Waiting may feel cautious, but it can backfire. When many buyers re-enter at once, competition and prices rise. Acting now gives access to more inventory with less pressure.
Worthington Realty shares Market Trends articles for Southwest Florida. Statewide housing data is available through Florida Realtors Research.
Final Thoughts
The February 2025 Florida housing market shows stability in prices, a significant rise in inventory, and slower sales activity. For buyers, this environment creates opportunities to secure homes without the frenzied competition of past years. For sellers, accurate pricing and smart presentation remain the keys to success.
If you’re thinking about buying or selling in the Greater Fort Myers area, Worthington Realty can help you create a plan based on real numbers, not guesswork. Reach out today to start the conversation.
Most homeowners feel overwhelmed when it’s time to move. At Worthington Realty, we provide personalized guidance and clear communication so that you feel heard, valued, and confident in your decisions.
