Southwest Florida’s real estate market is bracing for a challenging period as inventory surges and demand softens, particularly in areas like Naples, Fort Myers, and Lee County. Sellers are increasingly slashing prices to compete in a market flooded with options, while buyers are becoming more selective amid high interest rates. The region, once known for red-hot growth, now finds itself facing a cooling trend that industry experts say may not improve soon.
Local agents report longer listing times and more aggressive price negotiations, especially in mid-range residential properties. While some high-end homes continue to command strong interest, the general market is showing signs of strain. Analysts warn that unless there’s a significant economic shift or drop in borrowing costs, real estate in the region could see sustained pressure in the coming months.
Read more about Arizona home prices.
