SW Florida April 2025 Market Update

🌴 April 2025 SWFL Market Recap – What You Need to Know

The Southwest Florida real estate market showed steady momentum with subtle shifts throughout April, revealing a mix of buyer activity, rate sensitivity, and seller adjustments.

• Mortgage rates fluctuated slightly, starting the month at 6.74% and ending at 6.90%. While not a major spike, the uptick may have nudged some buyers to act sooner while causing others to pause.
• New listings remained consistent, hovering around 400–500 per week, keeping inventory balanced and offering opportunities on both ends of the deal.
• Closed sales were strongest at the end of the month, peaking at 363 during the week of April 28—proof that buyers are still pulling the trigger when the price is right.
• Pending sales held steady in the 360–390 range, indicating active buyer engagement throughout the month.
• Median sales prices fluctuated slightly but stayed within a healthy mid-range—dipping from $377k at the start to $365k by month-end, offering more breathing room for buyers.
• We also saw a surge in expired listings at the start of May, likely due to end-of-month listing expirations—a common pattern, but one to monitor if it becomes a trend.

Bottom line? The market remains active, with motivated buyers and sellers both in play. Proper pricing and presentation remain key, and with rates still below 7%, many are seizing the moment before the fall/winter season rush.

Contributed by Brayden Milner