SWFL Housing Market Finds Its Footing: What March Numbers Mean for Buyers & Sellers

If you've been watching the Southwest Florida real estate market and wondering when things would start to stabilize — the March numbers are telling a story worth paying attention to.

Our median sales price closed March at $475,000. On its own, that might feel like just a number, but here's what makes it significant: that figure is slightly up from March 2020, a pre-pandemic benchmark. For a market that's been working through a correction, holding that price point is meaningful.

Days on market is holding steady at around 60 days — and that's actually normal for this time of year. Historically, we see days on market tick up during season and then soften slightly as we move into summer. The fact that we're right in line with that seasonal pattern suggests the market is behaving predictably again, which is its own form of good news.

But the number that deserves the most attention right now? Supply of inventory at 5.4 months. That is the lowest we've seen in Southwest Florida since May of 2024. Less supply with sustained buyer interest means we're shifting out of the phase where buyers had all the leverage — and sellers are starting to regain some ground.

This is what a market correction looks like when it works. Prices don't crash. Inventory doesn't flood. Things gradually rebalance — and that's exactly what we're seeing across the Naples, Fort Myers, and Cape Coral corridors.

Whether you're thinking about listing, buying your first home, or making a move up or down, right now is a window worth understanding. Reach out to our team — we're happy to walk you through what these numbers mean specifically for your neighborhood and your goals.