Lehigh Acres FL Real Estate Market Trends & homes for sale - January 2022

The Lehigh Acres FL Real Estate market report is designed to help buyers and sellers understand the Lehigh Acres FL real estate market drivers. The Lehigh Acres FL market metrics we follow monthly are; number of Lehigh Acres home sales, the number of Lehigh Acres homes and condos that are listed for sale, Lehigh Acres average days on market, and Lehigh Acres current real estate inventory of homes on the market. Our hope with this Lehigh Acres FL market report, is that it will provide the consumer with a snapshot of the Lehigh Acres FL real estate market to help make informed decisions.

Lehigh Acres is a community located in Lee County, Florida. Lehigh Acres is known for its affordability, with Lehigh Acres FL homes for sale routinely selling at prices well below the surrounding areas. In addition, Lehigh Acres has seen a recent influx of new construction, meaning that there are plenty of brand new homes to choose from. Whether you’re looking for a starter home or an investment property, Lehigh Acres is worth considering as it offers affordable housing and close proximity to major attractions, such as Regional Southwest Airport (RSW) and Florida Gulf Coast University. Lehigh Acres is an up-and-coming community that offers first time buyers, who are priced out of surrounding communities, the option to become homeowners.

Metrics: Lehigh Acres FL Real Estate Market Trends - January 2022

• Number of Sales in Lehigh Acres FL - Jan 2022
• Number of Homes for Sale in Lehigh Acres FL - Jan 2022
• Avg Days on Market in Lehigh Acres FL - Jan 2022
• Months of Inventory in Lehigh Acres FL - Jan 2022

Lehigh Acres FL Home Sales by Month - January 2022

In January 2022, home sales in Lehigh Acres FL were 157 for the month, a 28 percent decrease from the previous month (Dec 2021). In the longer term, homes sales were 164 one year ago (Jan 2021), a 4 percent decrease.

As the chart below shows, sales have declined over the past four months. This could be a sign that the real estate market in Lehigh Acres FL is slowing down due to aggressive price increases over the past year.

Lehigh Acres FL Homes for Sales (Listings) by Month - January 2022

In Jan 2022, the number of homes for sale in Lehigh Acres FL was 847, that’s 80 more homes listed for sale than the previous month (Dec 2021), an increase of 10.4 percent. In the longer term, the number of homes for sale in Lehigh Acres FL was at 815, one year ago (Jan 2021). That is an increase of 4 percent.

Lehigh Acres FL Average Days on Market by Month - January 2022

In January 2022, the average days on market for homes in Lehigh Acres was 17, that’s 4 days fewer than the previous month (Dec 2021), when the average days on market was 21. Looking back one year, the average number of days on market was 31 days.

Lehigh Acres FL Months of Inventory by Month - January 2022

In Lehigh Acres FL, the number of months of inventory was 5 in January 2022. That is up one month from the previous month (Dec 2021), when there was a 4 months supply of Lehigh Acres homes listed for sale. The number of months of inventory in Lehigh Acres FL was at 5 one year ago (Jan 2021). The chart below shows real estate inventory levels for Lehigh Acres homes and condos over the past 13 months.

The real estate industry measures inventory levels in one-monthcrements. That is determined by how many months it would take to sell off the inventory of homes that are listed for sale on the market based on the average rate of sales by month. In Lehigh Acres FL, there are currently 847 homes for sale. That is a 5 month’spply based on how fast homes are selling in the Lehigh Acres FL real estate market.

The chart below (Inventory - Jan 2022) shows the supply of homes for sale in Lehigh Acres FL is increasing over the past 3 months. This may be a signal that the market

If you’re thinking about purchasing a vacation home in Lehigh Acres FL, you can visit the Lehigh Acres FL page to learn more about some of the most popular Lehigh Acres neighborhoods. click here to search for homes and condos for sale in Lehigh Acres FL.

Table of Statistics and Percent Change

Summary: Lehigh Acres FL Real Estate Market Trends - January 2022

- Number of Sales in Lehigh Acres FL - Jan 2022: 157 homes sold, a 28% decrease from the previous month (Dec 2021). In the longer term, homes sales were 164 one year ago (Jan 2021), a 4 percent decrease.

- Number of Homes for Sale in Lehigh Acres FL - Jan 2022: 847, that’s 80 more homes listed for sale than the previous month (Dec 2021), a decrease of 10.4 percent. In the longer term, the number of homes listed for sale in Lehigh Acres FL was at 815, one year ago (Jan 2021). That is a decrease of 4 percent.

- Avg Days on Market in Lehigh Acres FL - Jan 2022: 17, that’s 4 days fewer than the previous month (Dec 2021), when the average days on market was 21. Looking back one year, the average days on market was 31 days.

- Months of Inventory in Lehigh Acres FL - Jan 2022: A 5 month supply of homes for sale in Lehigh Acres FL in January 2022. That is up one from the previous month (Dec 2021), when there was a 4 months supply of homes listed for sale. The number of months of inventory in Lehigh Acres FL was at 5 one year ago (Jan 2021).

The demand side of the equation continues to be very strong. The market favors sellers at this time. If you’re thinking about selling your home in Lehigh Acres FL, now could be a good time to put your home on the market.

If you’re thinking about purchasing a vacation home in Lehigh Acres FL, be aware that prices are at record highs and often are not supported by closed sale comparables. hope this report has been helpful. If you have questions about the Lehigh Acres FL real estate market or any other real estate market in the area, please contact us.