Are you looking to buy a Naples property now or in the future?

Great, you’re in the right place! Check below for new updates relevant to your buying decisions in the Naples area. Here you’ll find up-to-date information about the Naples community and our real estate market.  You will also find tips for buying real estate in Naples, Florida.

If you would like to contact me directly, please call (239)289-2650 or e-mail me at Dustin@DustinBeard.com.

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Naples Florida Monthly Real Estate Market Update – October 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
October 2020

LUXURY MARKET

 

 

 

 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 27% year-over-year (461 vs 364).

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2020, a total of 688 new listings were added to the market, an increase of 7% compared to the same time period 12 months ending October 31, 2019.
  • Available inventory as of October 31, 2020 consisted of 328 units, a decrease of 10% vs the same time period in 2019 (328 vs 363). Current inventory represents 5 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,433,640, a decrease of 13% vs the same time period in 2019.
  • The median sales price for the area in October 2020 increased 38% to $2,900,000 vs October 2019.

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 35% year-over-year (490 vs 363).

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2020, a total of 765 new listings were added to the market, an increase of 24% vs the same time period 12 months ending October 31, 2019.
  • Available inventory as of October 31, 2020 consisted of 313 units, a 5% decrease vs the same time period in 2019. Current inventory represents 5.9 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,084,563, a decrease of 2% vs the same time period in 2019.
  • The median sales price for the area in October 2020 increased 16% to $1,750,000 vs October 2019.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – October 2020

Naples Florida Real Estate Market News –
October 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2020 for the Naples and Bonita Springs Area increased 19% year-over-year (7,884 vs 6,640).
  • There were 79 closed sales, priced above two million, in October 2020 compared to 24 in October 2019, a 229% increase. During the 12 months ending October 31, 2020, sales in this category increased 47% over the same time period in 2019 (521 vs 354).

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2020, a total of 10,244 new listings were added to the market, this is a decrease of less than 1% vs the same time period 12 months ending October 31, 2019.
  • Available inventory as of October 31, 2020 consisted of 3,599 units, a decrease of 20% vs the same time period in 2019. Current inventory represents 4.6 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $729,184 a 7% increase vs the same time period in 2019.
  • The median sales price for the area in October 2020 increased 24% to $477,500 vs October 2019.

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2020 for the Naples and Bonita Springs Area increased 6% year-over-year (5,613 vs 5,300).
  • There were 20 closed sales priced above two million compared to 7 in October 2019, a 186% increase. During the 12 months ending October 31, 2020, sales in this category increased 40% vs the same time period in 2019 (209 vs 149 units).

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2020, a total of 8,199 new listings were added to the market, remaining relatively the same with an increase of 1% vs the same time period 12 months ending October 31, 2019.
  • Available inventory as of October 31, 2020 consisted of 3,264 units, a decrease of 6% vs the same time period in 2019. Current inventory represents 5.4 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $478,197, an increase of 10% vs the same time period in 2019.
  • The median sales price for the area in October 2020 increased 20% to $287,000 vs October 2019.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – September 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
September 2020

LUXURY MARKET

 

 

 

 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 16% year-over-year (418 vs 360).

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2020, a total of 689 new listings were added to the market, an increase of 8% compared to the same time period 12 months ending September 30, 2019.
  • Available inventory as of September 30, 2020 consisted of 344 units, remaining relatively the same with a decrease of less than 1% vs the same time period in 2019 (344 vs 345). Current inventory represents 9.3 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,430,585, a decrease of 13% vs the same time period in 2019.
  • The median sales price for the area in September 2020 decreased 22% to $2,350,000 vs September 2019.

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 24% year-over-year (454 vs 366).

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2020, a total of 766 new listings were added to the market, an increase of 26% vs the same time period 12 months ending September 30, 2019.
  • Available inventory as of September 30, 2020 consisted of 322 units, a 10% increase vs the same time period in 2019. Current inventory represents 6.2 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,085,924, a decrease of 2% vs the same time period in 2019.
  • The median sales price for the area in September 2020 increased 60% to $2,037,500 vs September 2019.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – September 2020

Naples Florida Real Estate Market News –
September 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2020 for the Naples and Bonita Springs Area increased 14% year-over-year (7,558 vs 6,609).
  • There were 43 closed sales, priced above two million, in September 2020 compared to 15 in September 2019, a 187% increase. During the 12 months ending September 30, 2020, sales in this category increased 33% over the same time period in 2019 (465 vs 349).

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2020, a total of 10,278 new listings were added to the market, this is an increase of less than 1% vs the same time period 12 months ending September 30, 2019.
  • Available inventory as of September 30, 2020 consisted of 3,713 units, a decrease of 12% vs the same time period in 2019. Current inventory represents 5 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $712,888, a 4% increase vs the same time period in 2019.
  • The median sales price for the area in September 2020 increased 17% to $440,000 vs September 2019.

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2020 for the Naples and Bonita Springs Area increased 3% year-over-year (5,375 vs 5,243).
  • There were 27 closed sales priced above two million compared to 6 in September 2019, a 350% increase. During the 12 months ending September 30, 2020, sales in this category increased 29% vs the same time period in 2019 (195 vs 151 units).

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2020, a total of 8,128 new listings were added to the market, remaining relatively the same with a decrease of 1% vs the same time period 12 months ending September 30, 2019.
  • Available inventory as of September 30, 2020 consisted of 3,307 units, remaining relatively the same with an increase of 1% vs the same time period in 2019. Current inventory represents 6.4 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $470,461, an increase of 7% vs the same time period in 2019.
  • The median sales price for the area in September 2020 increased 17% to $275,000 vs September 2019.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – August 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
August 2020

LUXURY MARKET

 

 

 

 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 9% year-over-year (396 vs 364). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2020, a total of 674 new listings were added to the market, an increase of 5% compared to the same time period 12 months ending August 31, 2019.  
  • Available inventory as of August 31, 2020 consisted of 345 units, remaining relatively the same with an increase of less than 1% vs the same time period in 2019 (345 vs 344). Current inventory represents 9.6 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,465,347, a decrease of 12% vs the same time period in 2019.  
  • The median sales price for the area in August 2020 increased 42% to $2,900,000 vs August 2019. 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 13% year-over-year (416 vs 368). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2020, a total of 741 new listings were added to the market, an increase of 20% vs the same time period 12 months ending August 31, 2019.  
  • Available inventory as of August 31, 2020 consisted of 342 units, an 18% increase vs the same time period in 2019. Current inventory represents 3.3 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,092,866, remaining relatively the same with a decrease of 1% vs the same time period in 2019.  
  • The median sales price for the area in August 2020 increased 50% to $2,080,000 vs August 2019. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – August 2020

Naples Florida Real Estate Market News –
August 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2020 for the Naples and Bonita Springs Area increased 10% year-over-year (7,232 vs 6,548).  
  • There were 49 closed sales, priced above two million, in August 2020 compared to 14 in August 2019, a 250% increase. During the 12 months ending August 31, 2020, sales in this category increased 21% over the same time period in 2019 (436 vs 359). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2020, a total of 10,071 new listings were added to the market, this is a 2% decrease vs the same time period 12 months ending August 31, 2019.  
  • Available inventory as of August 31, 2020 consisted of 3,724 units, a decrease of 10% vs the same time period in 2019. Current inventory represents 4.9 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $695,740, remaining relatively the same with an increase of less than 1% vs the same time period in 2019.  
  • The median sales price for the area in August 2020 increased 14% to $435,000 vs August 2019. 

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2020 for the Naples and Bonita Springs Area remained relatively the same with a decrease of less than 1% year-over-year (5,193 vs 5,220).  
  • There were 59 closed sales priced above two million compared to 6 in August 2019, an 883% increase. During the 12 months ending August 31, 2020, sales in this category increased 15% vs the same time period in 2019 (173 vs 151 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2020, a total of 8,002 new listings were added to the market, a 2% decrease vs the same time period 12 months ending August 31, 2019.  
  • Available inventory as of August 31, 2020 consisted of 3,323 units, remaining relatively the same with an increase of 1% vs the same time period in 2019. Current inventory represents 6.5 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $460,783, an increase of 5% vs the same time period in 2019.  
  • The median sales price for the area in August 2020 increased 22% to $284,000 vs August 2019. 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – July 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
July 2020

LUXURY MARKET

 

 

 

 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area remained the same year-over-year (370 vs 370). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31, 2020, a total of 653 new listings were added to the market, remaining relatively the same with an increase of less than 1% compared to the same time period 12 months ending July 31, 2019. 
  • Available inventory as of July 31, 2020 consisted of 363 units, a decrease of less than 1% vs the same time period in 2019. Current inventory represents 6.4 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,610,607, which decreased 4% vs the same time period in 2019. 
  • The median sales price for the area in July 2020 increased 8% to $2,800,000 vs July 2019. 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area decreased 7% year-over-year (335 vs 362). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31, 2020, a total of 665 new listings were added to the market, an increase of 5% vs the same time period 12 months ending July 31, 2019. 
  • Available inventory as of July 31, 2020 consisted of 369 units, an 18% increase vs the same time period in 2019. Current inventory represents 12 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,047,473, decreasing 3% vs the same time period in 2019. 
  • The median sales price for the area in July 2020 increased 11% to $1,657,500 vs July 2019. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – July 2020

Naples Florida Real Estate Market News –
July 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2020 for the Naples and Bonita Springs Area increased 7% year-over-year (6,981 vs 6,498). 
  • There were 50 closed sales, priced above two million, in July 2020 compared to 33 in July 2019, a 52% increase. During the 12 months ending July 31, 2020, sales in this category increased 12% over the same time period in 2019 (401 vs 359). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31, 2020, a total of 9,920 new listings were added to the market, this is a 4% decrease vs the same time period 12 months ending July 31, 2019. 
  • Available inventory as of July 31, 2020 consisted of 3,936 units, a decrease of 12% vs the same time period in 2019. Current inventory represents 4.8 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $684,647, remaining relatively the same with a decrease of less than 1% vs the same time period in 2019. 
  • The median sales price for the area in July 2020 increased 11% to $420,500 vs July 2019. 

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2020 for the Naples and Bonita Springs Area decreased 3% year-over-year (5,051 vs 5,227). 
  • There were 9 closed sales priced above two million compared to 8 in July 2019, a 13% increase. During the 12 months ending July 31, 2020, sales in this category decreased 21% vs the same time period in 2019 (119 vs 151 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31, 2020, a total of 7,795 new listings were added to the market, a 5% decrease vs the same time period 12 months ending July 31, 2019.
  • Available inventory as of July 31, 2020 consisted of 3,372 units, a decrease of 3% vs the same time period in 2019. Current inventory represents 6.9 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $432,934, remaining relatively the same with a decrease of less than 1% vs the same time period in 2019. 
  • The median sales price for the area in July 2020 increased 12% to $257,000 vs July 2019. 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – June 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
June 2020

LUXURY MARKET

 

 

 

 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area decreased 4% year-over-year (348 vs 360). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2020, a total of 652 new listings were added to the market, remaining relatively the same with an increase of 1% compared to the same time period 12 months ending June 30, 2019. 
  • Available inventory as of June 30, 2020 consisted of 407 units, an increase of 3% vs the same time period in 2019. Current inventory represents 9 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,661,924, which decreased 2% vs the same time period in 2019. 
  • The median sales price for the area in June 2020 remained the same at $3,250,000 vs 2019. 

 

LUXURY MARKET $1M+ (WEST OF 41)

PORT ROYAL TO BONITA BEACH ROAD – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area decreased 7% year-over-year (327 vs 352). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2020, a total of 642 new listings were added to the market, an increase of 3% vs the same time period 12 months ending June 30, 2019. 
  • Available inventory as of June 30, 2020 consisted of 367 units, an 8% increase vs the same time period in 2019. Current inventory represents 12 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,116,537, remaining relatvely the same with an increase of less than 1% vs the same time period in 2019. 
  • The median sales price for the area in June 2020 decreased 17% to $1,600,000 vs June 2019. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”

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Naples Florida Monthly Real Estate Market Update – June 2020

Naples Florida Real Estate Market News –
June 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2020 for the Naples and Bonita Springs Area increased 5% year-over-year (6,726 vs 6,400). 
  • There were 57 closed sales, priced above two million, in June 2020 compared to 35 in June 2019, a 63% increase. During the 12 months ending June 30, 2020, sales in this category increase 9% over the same time period in 2019 (383 vs 351). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2020, a total of 9,802 new listings were added to the market, this is a 6% decrease vs the same time period 12 months ending June 30, 2019. 
  • Available inventory as of June 30, 2020 consisted of 4,265 units, a decrease of 9% vs the same time period in 2019. Current inventory represents 7 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $682,691, remaining relatively the same with a decrease of less than 1% vs the same time period in 2019. 
  • The median sales price for the area in June 2020 increased 6% to $397,000 vs June 2019. 

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2020 for the Naples and Bonita Springs Area decreased 4% year-over-year (4,964 vs 5,194). 
  • There were 8 closed sales priced above two million compared to 20 in June 2019, a 60% decrease. During the 12 months ending June 30, 2020, sales in this category decreased 20% vs the same time period in 2019 (118 vs 148 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2020, a total of 7,614 new listings were added to the market, a 7% decrease vs the same time period 12 months ending June 30, 2019. 
  • Available inventory as of June 30, 2020 consisted of 3,470 units, a decrease of 6% vs the same time period in 2019. Current inventory represents 10 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $432,783, remaining relatively the same with a decrease of less than 1% vs the same time period in 2019. 
  • The median sales price for the area in June 2020 increased 2% to $264,000 vs June 2019. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2019 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Naples Florida Monthly Real Estate Market Update is provided by Dustin Beard.”