Paseo / Reflection Isles Housing Market Report May 2025•Lee County, Florida

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Housing Prices in Paseo / Reflection Isles, FL

How much do homes in Paseo / Reflection Isles, FL cost?

Housing Market Conditions

Is Paseo / Reflection Isles, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Paseo / Reflection Isles is a Neutral Market

Difference Since May 2024

At the same time last year, Paseo / Reflection Isles was a Seller's Market.

Insight

Paseo / Reflection Isles is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$430,000$225/SqFt
-$25,000
-5.5%

Based on all homes sold in the last 12 months

Insight

Homes in Paseo / Reflection Isles have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Paseo / Reflection Isles was $430,000 in May 2025, down 5.5% from last year, and the median price per square foot was $225.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Colonial Country Club
+3.3%
Heritage Palms
-1.9%
Cross Creek
-4.1%
Paseo / Reflection Isles
-5.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$366K$305K
-16.7%
3$479K$427.5K
-10.8%
4$640K$600K
-6.3%
5$762K$670K
-12.1%

Summary: Paseo / Reflection Isles housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -16.7%. The home price for 3 bedroom homes decreased by -10.8%. The home price for 4 bedroom homes decreased by -6.3%. The home price for 5 bedroom homes decreased by -12.1%.

How does Paseo / Reflection Isles, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Paseo / Reflection Isles, FL

Housing supply in Paseo / Reflection Isles, FL

How many homes are available in Paseo / Reflection Isles, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
60Last MonthMay 2025
632 months agoApr 2025
-4.8 %
Change MoMApr – May

Summary: The Paseo / Reflection Isles real estate market had 60 homes for sale in May 2025, a 4.8 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthMay 2025
132 months agoApr 2025
-23.1 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
22025
+25.0%
33025
-16.7%
4138
-38.5%
502
+100.0%

Summary: Paseo / Reflection Isles housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -38.5%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Paseo / Reflection Isles, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price10 Homes

Insight

If you're buying a home in Paseo / Reflection Isles, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Paseo / Reflection Isles in May 2025, down by 23.1% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Paseo / Reflection Isles, FL

How long does it take to sell a home in Paseo / Reflection Isles, FL?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days4 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in Paseo / Reflection Isles has remained consistent over time.

Summary: During May 2025, 10 homes were sold in Paseo / Reflection Isles; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
79 DaysThis YearMay 2025
72 Days1 year agoMay 2024
+9.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in Paseo / Reflection Isles had an average listing age of 79 days in May 2025, up by 9.0% compared to the previous year.

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Newest Listings in Paseo / Reflection Isles, FL

What homes are available in Paseo / Reflection Isles, FL?

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MLS Disclaimers and Copyright

Based on information from Florida Gulf Coast MLS, for the period 06/01/2023 - 06/01/2025

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.