Florida Home Prices Level Off While Sales Rise

If you’ve been wondering what’s really happening in Florida’s housing market, the latest data from Florida Realtors® brings some welcome clarity: things are starting to level out.

After months of ups and downs, home sales are climbing again, and prices are holding steady — a sign that the market is finding its balance.

September 2025 Highlights

• Single-family home sales: Up 13.6% compared to September 2024

• Condo & townhouse sales: Up 8%, marking the first annual increase in over a year

• Median single-family price: $410,000, unchanged from last year

• Median condo/townhouse price: $299,000, down about 4.8% year-over-year

• Inventory: Roughly 5 months of supply for houses and 9 months for condos

• Mortgage rates: Eased to around 6.5%, boosting buyer activity

Source: Florida Realtors®

Overview

• The median listing home price was approximately $760,000 in September 2025, trending down about 10.5% year-over-year.

• The average home value according to Zillow’s Home Value Index was about $496,670, representing a decline of ≈ 13.9% over the past year.

• Homes on the island take roughly ~180 days to go pending (as of late Sept) – indicating a slower sales cycle compared to busier mainland markets. 

• The market is characterized as “not very competitive” by one major analytics firm, with sale-to-list price ratios around 95% and multiple offers the exception rather than the rule. 

Overview

The Fort Myers housing market continues to show signs of cooling and transition. The median sale price has dipped significantly year-over-year, days on market are longer, and conditions favour buyers more than in recent years.
According to Redfin, the median sale price in September 2025 was approximately $313,650, representing a –13.6% year-over-year change. Homes are taking about 93 days to sell, up from approximately 70 days a year prior. According to Zillow, the average home value in Fort Myers was about $315,763, down roughly –11.5% over the last year.
These figures suggest that the market is tilted toward buyers, with increased inventory and reduced urgency among buyers compared to the high-velocity market of the pandemic years.

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Coconut Point in Estero is gearing up for a two-year refresh aimed at modernizing the open-air shopping district and elevating the customer experience. The planned updates include the introduction of fresh dining concepts, the arrival of new tenants (such as Nordstrom Rack), enhanced public spaces, design upgrades, and infrastructure improvements. This redevelopment seeks not only to attract new foot traffic and retailers but also to reinforce Coconut Point’s position as a premier lifestyle and retail destination in Southwest Florida. The project is expected to roll out in phases over the next couple of years, with careful attention to preserving the mall’s charm while injecting a contemporary edge.

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Explore comfortable yet elegant living at Bent Creek Preserve in Naples. This extraordinary 4-bedroom home, PLUS a dedicated DEN or office and a versatile bonus loft, was carefully designed in 2018 to blend luxury with comfort seamlessly. 

Bent Creek Preserve represents more than just a residence; it embodies a lifestyle. With a vibrant community culture, the homeowners association organizes social events and seasonal festivities. Seize the chance to make this stunning home yours. Arrange your showing today and embark on your dream life at Bent Creek Preserve!

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Stunning 2024-built contemporary two-story residence in Rivercreek, one of Estero’s most sought-after new all-age communities. Designed with a timeless Hamptons-inspired flair, this home blends sophistication with relaxed coastal style. Featuring four spacious bedrooms plus a loft, four full bathrooms, including a bedroom/flex room downstairs.

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Four tennis courts, six pickleball courts, and two bocce courts.

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Rates on 30-year mortgages slipped to 6.3% from 6.34% last week, while rates on 15-year mortgages dropped to 5.53% from 5.55% last week.

WASHINGTON — The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year.

The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%.

The modest drop brings the average rate back to where it was two weeks ago, after a string of declines brought down home loan borrowing costs to their lowest level since early October 2024.

The Naples real estate market proved resilient this summer, with strong buyer activity and steady home values. According to the August 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), closed sales rose 11% year-over-year, reaching 604 transactions compared to 544 in August 2024.

While inventory declined month over month, it still grew 9.1% annually to 4,892 properties. Experts note some sellers temporarily pulled homes from the market, creating a “shadow inventory,” while rising pending sales signaled renewed buyer confidence.

WGCU | By Emma Rodriguez
Published September 24, 2025 at 2:22 PM EDT

The Village of Estero passed its 2025-26 budget last week. With a millage rate of 0.73, it has one of the lowest tax rates in Florida with residents to pay 73 cents in taxes for every $1,000 of their property’s value.

Kevin Greenville, the Village's finance director, says pushing the rate lower has been intentional since Estero was incorporated.

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