April 2026 · Single-Family Homes
Southwest Florida Metro Market Report
Source: Florida REALTORS® / Stellar MLS — North Port-Sarasota-Bradenton MSA
Median Sale Price
$490,000
+5.4% vs. April 2025
Closed Sales
1,528
+2.6% vs. April 2025
Median Time to Contract
45 Days
-1 day vs. April 2025
Months of Inventory
4.6
Down from 6.1 last year
New Listings
1,946
-7.5% vs. April 2025
List Price Received
94.4%
+1.0 pt vs. April 2025
The month in review
The Southwest Florida single-family market flipped a major switch in April. After Q1 showed a modest 1.6% price decline, April brought a 5.4% year-over-year gain — the median hit $490,000 across the metro. Dollar volume surged 27% to $1.2 billion in a single month. Sellers are now getting 94.4% of their original list price, up a full point from last April — the first meaningful improvement in seller leverage we've seen since the market correction began.
The driving force is inventory compression. Active listings plummeted 19.6% to 6,187 homes and months of supply dropped from 6.1 to 4.6 — well into balanced-to-seller territory. New listings continue to fall (-7.5%), meaning the supply squeeze is structural, not seasonal. Homes are going under contract in 45 days, essentially flat with last year, while pending sales jumped 10.6%. This is a market that's found its footing and is accelerating into the summer buying season.
If you’re buying
The correction is over across the metro. Prices are rising, inventory is falling fast, and sellers are regaining leverage. If you were banking on further price drops, April's data says otherwise. The best strategy now is to focus on specific communities where you see value and move decisively. Well-priced homes under $500K are seeing the most competition — have your financing locked and your offer strategy ready.
If you’re selling
April is the strongest month we've seen in over a year across the metro. Prices up 5.4%, list-to-sale ratio improving, and inventory shrinking nearly 20%. If you've been on the fence about listing, the spring momentum is real and building. Price at market and you'll attract serious buyers. The days of deep concessions and drawn-out negotiations are fading — this market has turned.
Market data is sourced from the MLS and local REALTOR® association reports and is deemed reliable but not guaranteed. Figures reflect the stated property type and area for the period indicated and are provided for general informational purposes only — they are not an appraisal, a guarantee of value, or investment advice. For an analysis specific to your property, request a custom report.
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