Data Analysis
New construction made up 57 of the 101 Lehigh Acres listings that went under contract from October 12 to 25, 2026, and 84 of 505 contracts across Lee County.
New construction took 57 of 101 Lehigh Acres contracts in the two weeks to October 25, 2026. Builder price cuts were smaller than resale cuts.
From October 12 through October 25, 2026, our live Florida Gulf Coast MLS feed logged 505 Lee County listings that went under contract, and 84 of them, or 16.6 percent, were new construction. In Lehigh Acres the share was far higher: 57 of 101 contracts were new homes. The median new-construction contract in Lehigh Acres was listed at $314,900, against $280,900 for resale homes there. Across Lee County, the median new-construction price cut was 1.6 percent, about half the 2.9 percent median resale cut. All figures are ours, computed from Florida Gulf Coast MLS records; information is deemed reliable but not guaranteed.
This is a two-week read on new construction activity. Our September articles on the Fort Myers median price, days on market, closed sales and seller concessions cover the completed-month metrics for all home types, and the full series sits on the Fort Myers market data hub.
How much of Lee County's buying is new construction?
New construction's share of contracts edged up. In the 13 days from September 29 to October 11, the feed logged 64 new-construction contracts out of 438, or 14.6 percent. In the latest two weeks it was 84 of 505. New homes also made up 71 of the 462 closings our feed logged from October 12 to 25, or 15.4 percent.
The activity is concentrated in a few places:
| City | Contracts | New construction | New-build median list | Resale median list |
|---|---|---|---|---|
| Lehigh Acres | 101 | 57 | $314,900 | $280,900 |
| Cape Coral | 88 | 16 | $364,950 | $329,750 |
| Alva | 11 | 5 | $399,990 | $452,500 |
| North Fort Myers | 41 | 3 | n/a | $182,500 |
| Estero | 46 | 2 | n/a | $481,950 |
| Fort Myers | 158 | 1 | n/a | $325,000 |
Source: Momentum Research, computed from Florida Gulf Coast MLS records, Lee County, October 12 to 25, 2026. Deemed reliable but not guaranteed. Medians not shown for fewer than five sales.
By ZIP code, the most new-construction contracts were in 33974 (21), 33972 (12), 33971 (12) and 33976 (11), all in Lehigh Acres, followed by 33993 in Cape Coral (9). Prices for each place are on the Lehigh Acres, Cape Coral, Alva and Fort Myers market pages.
What kind of new homes are going under contract?
Mostly mid-priced single-family homes. Of the 84 new-construction contracts, 83 were single-family homes, 53 were listed between $300,000 and $499,999, and 23 were under $300,000. Fifty-one had three bedrooms and 30 had four. The median new home under contract had 1,655 square feet.
New single-family homes under contract had a median list price of $326,990, or about $209 a square foot. Resale single-family homes under contract had a median list price of $399,450, a median of 1,854 square feet, and about $225 a square foot. In July we reported that Lee County new construction was priced below resale on closed sales; the October contract data shows the same pattern per square foot countywide, while in Lehigh Acres new homes are listed above resale homes.
Are builders cutting prices in Lee County?
Builders are cutting often but by small amounts. The feed logged 165 price cuts on new-construction listings in the latest two weeks, 18 percent of all 915 Lee County cuts, and 112 of them were in Lehigh Acres. The median new-construction cut was 1.6 percent, or $5,000. The median resale cut was 2.9 percent. In Lehigh Acres, the median builder cut was 1.5 percent, also $5,000, and 112 of the city's 231 cuts were on new homes.
Lehigh Acres closings tell the same story. Our feed logged 85 Lehigh Acres closings from October 12 to 25, and 42 were new construction, at a median price of about $310,000 against $275,000 for resale closings.
What should buyers weigh with new construction here?
A new home's list price is only part of its cost. Some Lee County communities carry community development district (CDD) or HOA fees; our CDD fees in Florida new construction page explains how those work. Insurance budgets are on the Lehigh Acres home insurance cost and Cape Coral home insurance cost pages, and flood context is on the Lehigh Acres flood zones by neighborhood page. Builder communities are listed on our Lee County new construction homes and Lee County new construction communities pages.
For resale sellers in Lehigh Acres, new homes are direct competition: more than half of the area's contracts went to builders in the latest two weeks. Our September Southwest Florida Market Pulse put Lee County's September median sale price at $350,000 across 1,465 sales, with a median of 53 days on market.
People also ask
Is new construction selling in Lehigh Acres?
Yes. New construction made up 57 of the 101 Lehigh Acres listings that went under contract from October 12 to 25, 2026, in our Florida Gulf Coast MLS feed, and 42 of the 85 Lehigh Acres closings in the same period.
Are new homes in Lee County cheaper than resale homes?
Per square foot, yes in our October data. New single-family homes under contract in Lee County had a median list price of about $209 a square foot, against about $225 for resale homes. In Lehigh Acres, the median new home under contract was listed at $314,900, above the $280,900 resale median.
Are builders in Lee County cutting prices?
Our feed logged 165 price cuts on new-construction listings in Lee County from October 12 to 25, 2026, with a median cut of 1.6 percent, or $5,000. The median resale cut was 2.9 percent.
Limitations
Counts come from the change log of our live Florida Gulf Coast MLS feed, which records a change when our refresh sees it. A listing is counted once per category per window. New construction flags come from the listing's MLS fields and may miss builder homes listed without the flag. Contracts are active listings moving to pending status. New listing counts are not used here because our feed added listings in bulk during the window. Builder incentives such as closing cost credits or rate buydowns are not captured in list prices. Median prices mix home sizes and locations. The earlier window is 13 days, and two weeks is a short period. Figures may be revised as the MLS updates records. This article is general information, not advice about any specific property or transaction.
Sources and links
- Momentum Research, computed from Florida Gulf Coast MLS records, Lee County (listing change log, September 29 to October 25, 2026). Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.
- Momentum Research, September 2026 Southwest Florida Market Pulse, closings through October 24, 2026.
- Full monthly series and per-feed attribution: Fort Myers market data
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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