Southwest Florida Housing Market

Southwest Florida homes that sold in October spent a median 55 days on market, down from 70

Homes that sold across the Florida Gulf Coast MLS area in October 2026 spent a median 55 days on market, against 70 days a year earlier and 58 days in September. The figure fell from September to October in three of the five years from 2021 through 2025, so this small drop follows that direction. Days on market runs from the date a listing goes live to the date a contract is accepted. These figures describe homes that sold, so they do not predict how long every home for sale today will take.

Closing comes after the contract

A financed sale often takes about four to six weeks to close after a contract is accepted. A cash sale can close faster. Inspections, insurance, association approvals and the appraisal can all move the date.

Southwest Florida days on market over the last 13 months, single-family homes vs. condos

The monthly series covers homes that closed in each month across the full FGCMLS area. Townhouses and other home types are not in either column. How many homes for sale in each city have been listed before, and how relisted homes compare, is under Re-list rate.

Definitions and methodology: Days on market explained. Selling timeline guide.

Between 21.1% and 31.1% of homes for sale in the five cities had been listed before in the past year

The Re-list Rate is the share of homes for sale with an expired, withdrawn or terminated listing at the same address in the past 12 months. A sale in between starts a new owner’s history, so it does not count. Each city is measured on its own. As of November 5, 2026, the rate ran from 21.1% to 31.1%.

In every city, homes that sold on their first listing spent far less time listed than relisted homes did across all their attempts. The two groups differ in price, condition and seller circumstances, so the data does not show that relisting caused the longer sale.

Definitions and methodology: Why homes get relisted.

Southwest Florida sellers received a median 96.5% of their final asking price

Sellers received a median 96.5% of their final asking price in October 2026, up from 95.9% a year earlier and the same as September. The ratio has been above last year for five months in a row. In each of the five years from 2021 through 2025 it moved less than half a point from September to October. It uses the asking price in place when the contract was signed, so earlier price cuts are not counted. It describes the market as a whole and is not a target for your offer.

Single-family sellers received a median 97.3%, up from 96.5% a year earlier. Condo sellers received 95.5%, against 94.5%.

The Ask-Bid Gap in each city

The Ask-Bid Gap compares what sellers are asking per square foot with what buyers paid per square foot over the last 120 days. A gap of 10% means sellers are asking 10% more per square foot than buyers have paid. We figure it city by city, because the mix of homes for sale differs from place to place.

Each city page breaks its own reading out by price range. In four of the five cities the reading was highest above $1.5 million. In Cape Coral it was highest under $400,000.

Definitions and methodology: Sale-to-list ratio explained.

Southwest Florida sale prices: single-family median level with last year, condo median down 10.0%

Single-family homes sold for a median $450,000, the same as a year earlier, and $244 per square foot, down 0.4%. Condos sold for a median $315,000, down 10.0% from $350,000, and $226 per square foot, down 6.6%. Condo price per square foot has been below the same month a year earlier for 30 months in a row. The all-homes figures count every home type together.

Across all home types, price per square foot in the Southwest Florida housing market was $233 in October, up from $232 in September and 2.9% below $240 a year earlier. The all-homes median sale price was $394,450, up 1.1% from September and 2.8% below $405,900 a year earlier.

Both measures rose from September to October in each of the five years from 2021 through 2025. Across those five comparisons the median change was a 3.0% increase for each. This October price per square foot rose 0.4%, less than in any of those years. The median sale price rose 1.1%, also well below that 3.0% median change. The comparison alone cannot tell how much of that comes from the time of year and how much from the mix of homes that sold.

MLS records show 2,212 October closings as of November 5, down 4.5% from September. Closings fell from September to October in four of the five years from 2021 through 2025, and the median change across all five was a 4.4% decline. Over the last 12 months the region recorded 32,738 closings, about 12% more than in the 12 months before.

Southwest Florida market by property type, October 2026

Source: FGCMLS via Stellar MLS, InfoSparks property types. Townhouses, manufactured homes and other home types count only in All homes.

The chart above shows the monthly history since January 2021.

Definitions and methodology: Median sale price vs. price per square foot.

Southwest Florida homes for sale rose from September, as they did in most recent Octobers

Active listings in the Southwest Florida housing market rose 6.0% from September to 16,380, 16.7% fewer than a year earlier. Homes for sale rose from September to October in three of the five years from 2021 through 2025, and the median change across all five was a 5.4% increase. Last year the count rose 6.8%. Sellers added 4,751 new listings, 21.0% more than in September and 12.7% fewer than a year earlier. New listings rose from September to October in each of those five years.

October inventory increased from 4,555 homes in 2021 to 19,667 in 2025, rising in each annual comparison. It fell to 16,380 in October 2026. Months of supply was 6.0, down from 7.9. There were 9,647 single-family homes for sale, with 5.5 months of supply, down from 6.9 a year earlier. There were 5,700 condos for sale, with 6.8 months of supply, down from 10.0.

Published supply and Competitive Inventory, by city

Worthington’s Competitive Inventory sets aside homes listed 180 days or more and homes that came back on the market less than 3% below their old price. Buyers can still choose those homes. The screen leaves them out because of how long they have been listed or how little their price came down.

Definitions and methodology: Months of supply explained, Competitive Inventory methodology.

Southwest Florida buyers signed 2,242 contracts in October, 5.0% fewer than a year earlier

Pending sales came in at 2,242, down from 2,360 a year earlier. That ends 17 months in a row above last year, May 2025 through September 2026. October 2025 was itself a strong month, about 50% above October 2024, so this year is measured against a high mark.

Contracts rose 2.7% from September. They rose from September to October in four of the five years from 2021 through 2025, and the median change across all five was a 9.7% increase, so this October’s rise was smaller than usual. From 2021 through 2025, contracts across the region were usually lowest from September through December and highest from February through April.

By home type, single-family contracts fell 6.9% from a year earlier, to 1,448. Condo contracts rose 1.0%, to 683, and have been above last year for 18 months in a row.

Listings across the Southwest Florida housing market averaged 3.0 showings in October, up from 2.8 a year earlier. Homes that went under contract had a median 6 showings beforehand, the same as a year earlier.

Homes under contract for every 100 for sale, by city

The ratio divides the homes under contract on November 5, with a contract signed in the last 120 days, by the active listings in our address-matched count for that city.

Showing figures come from ShowingTime data in InfoSparks (FGCMLS via Stellar MLS) and cover listings that use the showing service.

Definitions and methodology: Pending sales explained.

A home at the Southwest Florida all-homes median costs an estimated $169 more a month

The regional median is $11,450 lower than a year ago. The higher mortgage rate more than makes up the difference. Each city page carries the same estimate at its own median.

The Five Cities at a Glance, October 2026

Each row compares a city with its own figures from October 2025. The Southwest Florida row covers the full FGCMLS area.

All year-over-year columns compare against October 2025. Tap any city to open its market page.

Swipe to compare all metrics →

Source: FGCMLS via Stellar MLS, MLS records available as of November 5, 2026. Prices are single-month medians. SW Florida covers the full FGCMLS footprint, not an average of the five cities.

November’s Southwest Florida pending sales will be measured against last year’s 2,307

• Pending salesBuyers signed 2,307 new contracts in November 2025. Contracts rose from October to November in two of the five years from 2021 through 2025.
• Homes for saleThere were 20,535 homes for sale in November 2025. The count rose from October to November in four of the five years from 2021 through 2025.

These are the readings we will check when November data comes in. They are not forecasts.