Lee County’s total recorded deed transactions amounted to $1.2 billion in August, trailing only Palm Beach, Dade, Broward, and Orange counties, according to the LSI Companies Inc.
Q3 market report for residential and commercial real estate in Southwest Florida. In Southwest Florida, 18,700-plus residential permits were pulled in the past 12 months ending September. This is the highest permit volume since 2006 the market report shows. Babcock Ranch pulled 529 residential permits in the past 12 months; The Place at Corkscrew pulled 345 permits in the past 12 months. Additionally, Cape Coral makes up more than 20% of all new single-family homes permitted in Southwest Florida, according to the report. Additionally, highlights show that Publix-anchored shopping centers are under construction in Collier and Charlotte counties, and Alico Road corridor construction continues with more warehouse space and an approximately 60,000-square-foot Scotlynn office headquarters. For the commercial report, click here
. For the residential report, click here