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 – April 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
April 2019

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 April 30, 2019 for the luxury market from Port Royal to Bonita Beach Road area increased 11% year-over-year (374 vs 336). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending April 30, 2019, a total of 663 new listings were added to the market, this is approximately 5% more listings than the same time period 12 months ending April 30, 2018. 
  • Available inventory as of April 30, 2019 consisted of 497 units, an increase of 5% vs the same time period in 2018. Current inventory represents 16 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,712,564, which increased 19% vs the same time period in 2018. 
  • The median sales price for the area decreased 4% to $1,705,000 vs $1,775,000 in 2018. 

 

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 April 30, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 26% year-over-year (347 vs 471). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending April 30, 2019, a total of 630 new listings were added to the market, a decrease of 2% vs the same time period, 12 months ending April 30, 2018. 
  • Available inventory as of April 30, 2019 consisted of 439 units, an increase of 16% vs the same time period in 2018. Current inventory represents 15 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,011,976, an increase of 8% vs the same time period in 2018. 
  • The median sales price for the area increased 20% to $1,615,000 vs $1,343,000 in 2018. 

 

“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 – April 2019

Naples Florida Real Estate Market News –
April 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending April 30, 2019 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (7,017 vs 6,839). 
  • There were 56 closed sales, priced above two million, in April 2019 compared to 55 in April 2018 a 2% increase. During the 12 months ending April 30, 2019, sales in this category increased 20% over the same time period in 2018 (395 vs 330). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending April 30, 2019, a total of 11,554 new listings were added to the market, this is 6% more listings than the same time period, 12 months ending April 30, 2018. 
  • Available inventory as of April 30, 2019 consisted of 5,988 units, an increase of 5% vs the same time period in 2018. 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 $673,474 which improved over the same time period in 2018, representing an increase of 3%. 
  • The median sales price for the area decreased 3% to $414,020 vs $425,000 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending April 30, 2019 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (5,776 vs 5,595). 
  • There were 26 closed sales, priced above two million, in April 2019 compared to 10 in April 2018 a 62% increase. During the 12 months ending April 30, 2019, sales in this category decreased 10% over the same time period in 2018 (128 vs 142 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending April 30, 2019, a total of 9,048 new listings were added to the market, approximately 2% more listings than the same time period 12 months ending April 30, 2018. 
  • Available inventory as of April 30, 2019 consisted of 4,875 units, a decrease of 1% vs the same time period in 2018. Current inventory represents 10 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $405,140, a decrease of 4% vs the same time period in 2018. 
  • The median sales price for the area increased 1% to $257,250 vs $255,000 in 2018. 

 

“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 – March 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
March 2019

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 March 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area has remained relatively, the same with a decrease less than 1%, year-over-year (348 vs 347). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending March 31, 2019, a total of 664 new listings were added to the market, this is approximately 5% more listings than the same time period 12 months ending March 31, 2018. 
  • Available inventory as of March 31, 2019 consisted of 525 units, an increase of 7% vs the same time period in 2018. Current inventory represents 18 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,787,300, which increased 24% vs the same time period in 2018. 
  • The median sales price for the area decreased 15% to $1,662,500 vs $1,950,000 in 2018. 

 

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 March 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 29% year-over-year (473 vs 335). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending March 31, 2019, a total of 615 new listings were added to the market, a decrease of 6% vs the same time period, 12 months ending March 31, 2018. 
  • Available inventory as of March 31, 2019 consisted of 463 units, an increase of 15% vs the same time period in 2018. Current inventory represents 17 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,966,928, an increase of 5% vs the same time period in 2018. 
  • The median sales price for the area increased 1% to $1,457,500 vs $1,410,000 in 2018. 

 

“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 – March 2019

Naples Florida Real Estate Market News –
March 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending March 31, 2019 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (6,985 vs 6,760). 
  • There were 38 closed sales, priced above two million, in March 2019 compared to 52 in March 2018 a 37% decrease. During the 12 months ending March 31, 2019, sales in this category increased 5% over the same time period in 2018 (393 vs 373). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending March 31, 2019, a total of 11,534 new listings were added to the market, this is 7% more listings than the same time period, 12 months ending March 31, 2018. 
  • Available inventory as of March 31, 2019 consisted of 6,142 units, an increase of 6% vs the same time period in 2018. Current inventory represents 11 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $673,572 which improved over the same time period in 2018, representing an increase of 5%. 
  • The median sales price for the area decreased 3% to $382,020 vs $395,000 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending March 31, 2019 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (5,679 vs 5,526). 
  • There were 14 closed sales, priced above two million, in March 2019 compared to 15 in March 2018 a 7% decrease. During the 12 months ending March 31, 2019, sales in this category decreased 16% over the same time period in 2018 (153 vs 128 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending March 31, 2019, a total of 8,993 new listings were added to the market, approximately 1% more listings than the same time period 12 months ending March 31, 2018. 
  • Available inventory as of March 31, 2019 consisted of 5,059 units, an decrease of 1% vs the same time period in 2018. Current inventory represents 11 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $399,988, a decrease of 5% vs the same time period in 2018. 
  • The median sales price for the area decreased 1% to $263,000 vs $264,900 in 2018. 

 

“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 – February 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
February 2019

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 February 28, 2019 for the luxury market from Port Royal to Bonita Beach Road area improved 2% year-over-year (358 vs 352). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending February 28, 2019, a total of 688 new listings were added to the market, this is approximately 11% more listings than the same time period 12 months ending February 28, 2018. 
  • Available inventory as of February 28, 2019 consisted of 518 units, an increase of 8% vs the same time period in 2018. Current inventory represents 17 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,828,590, which increased 27% vs the same time period in 2018. 
  • The median sales price for the area increased 52% to $3,800,000 vs $2,495,000 in 2018. 

 

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 February 28, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 27% year-over-year (341 vs 465). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending February 28, 2019, a total of 642 new listings were added to the market, which is no increase vs the same time period, 12 months ending February 28, 2018. 
  • Available inventory as of February 28, 2019 consisted of 474 units, an increase of 15% vs the same time period in 2018. Current inventory represents 17 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,971,538, a decrease of 3% vs the same time period in 2018. 
  • The median sales price for the area decreased 12% to $1,600,000 vs $1,820,000 in 2018. 

 

“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 – February 2019

Naples Florida Real Estate Market News –
February 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending February 28, 2019 for the Naples, Bonita Springs and Estero area increased 4% year-over-year (7,017 vs 6,751). 
  • There were 31 closed sales, priced above two million, in February 2019 compared to 38 in February 2018 a 23% decrease. During the 12 months ending February 28, 2019, sales in this category increased 12% over the same time period in 2018 (407 vs 363). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending February 28, 2019, a total of 11,591 new listings were added to the market, this is 7% more listings than the same time period, 12 months ending February 28, 2018.
  • Available inventory as of February 28, 2019 consisted of 6,216 units, an increase of 8% vs the same time period in 2018. Current inventory represents 11 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $681,337 which improved over the same time period in 2018, representing an increase of 6%. 
  • The median sales price for the area decreased 3% to $395,000 vs $408,500 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending February 28, 2019 for the Naples, Bonita Springs and Estero area increased 1% year-over-year (5,642 vs 5,564).
  • There were 9 closed sales, priced above two million, in February 2019 compared to 22 in February 2018 a 144% decrease. During the 12 months ending February 28, 2019, sales in this category decreased 15% over the same time period in 2018 (150 vs 128 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending February 28, 2019, a total of 9,116 new listings were added to the market, approximately 4% more listings than the same time period 12 months ending February 28, 2018. 
  • Available inventory as of February 28, 2019 consisted of 5,125 units, an increase of 3% vs the same time period in 2018. 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 $401,633, a decrease of 5% vs the same time period in 2018. 
  • The median sales price for the area increased 1% to $254,000 vs $250,785 in 2018. 

 

“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 – January 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
January 2019

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 January 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area improved 11% year-over-year (373 vs 337). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2019, a total of 658 new listings were added to the market, this is approximately 4% more listings than the same time period 12 months ending January 31, 2018. 
  • Available inventory as of January 31, 2019 consisted of 468 units, an increase of 1% vs the same time period in 2018. Current inventory represents 15 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,707,500, which increased 22% vs the same time period in 2018. 
  • The median sales price for the area increased 51% to $3,000,000 vs 2018. 

 

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 January 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 15% year-over-year (366 vs 431). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2019, a total of 648 new listings were added to the market, an increase of approximately 3% vs the same time period, 12 months ending January 31, 2018. 
  • Available inventory as of January 31, 2019 consisted of 430 units, an increase of 13% vs the same time period in 2018. Current inventory represents 14 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,966,589, an increase of 5% vs the same time period in 2018. 
  • The median sales price for the area increased 11% to $1,950,000 vs 2018. 

 

“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 – January 2019

Naples Florida Real Estate Market News –
January 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending January 31, 2019 for the Naples, Bonita Springs and Estero area increased 4% year-over-year (7,067 vs 6,793). 
  • There were 28 closed sales, priced above two million, in January 2019 compared to 25 in January 2018. During the 12 months ending January 31, 2019, sales in this category increased 15% over the same time period in 2018 (411 vs 358). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2019, a total of 11,580 new listings were added to the market, this is 8% more listings than the same time period, 12 months ending January 31, 2018. 
  • Available inventory as of January 31, 2019 consisted of 5,730 units, an increase of 8% vs the same time period in 2018. 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 $680,601 which improved over the same time period in 2018, representing an increase of 8%. 
  • The median sales price for the area increased 1% to $380,000 vs $378,000 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending January 31, 2019 for the Naples, Bonita Springs and Estero area increased 4% year-over-year (5,748 vs 5,540). 
  • There were 12 closed sales, priced above two million, in January 2019 compared to 22 in January 2018 a 45% decrease. During the 12 months ending January 31, 2019, sales in this category increased 8% over the same time period in 2018 (141 vs 131 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2019, a total of 9,272 new listings were added to the market, approximately 6% more listings than the same time period 12 months ending January 31, 2018. 
  • Available inventory as of January 31, 2019 consisted of 4,828 units, an increase of 3% vs the same time period in 2018. Current inventory represents 10 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $406,988, a decrease of 1% vs the same time period in 2018. 
  • The median sales price for the area decreased 13% to $240,000 vs 2018. 

 

“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 – December 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
December 2018

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 December 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 7% year-over-year (361 vs 337). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2018, a total of 651 new listings were added to the market, this is approximately 6% more listings than the same time period 12 months ending December 31, 2017. 
  • Available inventory as of December 31, 2018 consisted of 410 units, an increase of 3% vs the same time period in 2017. Current inventory represents 14 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,522,764, which increased 13% vs the same time period in 2017. 
  • The median sales price for the area increased 52% to $2,950,000 vs 2017. 

 

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 December 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 27% year-over-year (444 vs 350). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2018, a total of 663 new listings were added to the market, an increase of approximately 11% vs the same time period, 12 months ending December 31, 2017. 
  • Available inventory as of December 31, 2018 consisted of 370 units, a decrease of 5% vs the same time period in 2017. 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 $1,953,415, an increase of 4% vs the same time period in 2017. 
  • The median sales price for the area decreased 3% to $1,580,000 vs 2017. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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 – December 2018

Naples Florida Real Estate Market News –
December 2018

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending December 31, 2018 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (7,033 vs 6,825).
  • There were 19 closed sales, priced above two million, in December 2018 compared to 22 in December 2017. During the 12 months ending December 31, 2018, sales in this category increased 13% over the same time period in 2017 (405 vs 358). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2018, a total of 11,629 new listings were added to the market, this is 9% more listings than the same time period, 12 months ending December 31, 2017. 
  • Available inventory as of December 31, 2018 consisted of 5,134 units, an increase of 10% vs the same time period in 2017. 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 $671,136 which improved over the same time period in 2017, representing an increase of 7%. 
  • The median sales price for the area increased 3% to $395,000 vs $385,000 in 2017. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending December 31, 2018 for the Naples, Bonita Springs and Estero area increased 9% year-over-year (5,88 vs 5,417). 
  • There were 7 closed sales, priced above two million, in December 2018 compared to 8 in December 2017, a 13% decrease. During the 12 months ending December 31, 2018, sales in this category increased 27% over the same time period in 2017 (148 vs 117 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2018, a total of 9,257 new listings were added to the market, approximately 6% more listings than the same time period 12 months ending December 31, 2017. 
  • Available inventory as of December 31, 2018 consisted of 4,230 units, an increase of 2% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $420,782, which improved over the same time period in 2017, representing an increase of 7%. 
  • The median sales price for the area increased 3% to $241,000 vs 2017. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2018 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.”