What the latest numbers mean to you.
If you’ve been watching the local housing market, you’ve noticed some changes, and the latest report from FGCU’s Regional Economic Research Institute confirms it: The real estate “winds” are shifting in Southwest Florida, and Estero is no exception.
Prices Are Dropping, Listings Are Climbing
Over the past year (from May 2024 to May 2025), single-family home prices have fallen between 10% and 19%. This marks a significant correction after years of rising values. Meanwhile, residential listings have increased by 33%, giving buyers more options than they’ve had in some time.
If you’re looking to buy, this is good news. There’s more room to negotiate, and you might finally find that perfect home within your budget. If you’re selling, however, you may need to adjust your expectations — homes are staying on the market longer, and competitive pricing is more critical than ever.
New Construction Slows Down…