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 – August 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
August 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 August 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area increased 4% year-over-year (369 vs 355). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2019, a total of 652 new listings were added to the market, this is approximately 7% more listings than the same time period 12 months ending August 31, 2018. 
  • Available inventory as of August 31, 2019 consisted of 333 units, a decrease of 3% 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 $3,822,571, which increased 18% vs the same time period in 2018. 
  • The median sales price for the area increased 16% to $2,756,979 vs $2,378,125 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 August 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 14% year-over-year (379 vs 441). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2019, a total of 627 new listings were added to the market, a decrease of 3% vs the same time period, 12 months ending August 31, 2018. 
  • Available inventory as of August 31, 2019 consisted of 283 units, an increase of 1% vs the same time period in 2018. 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 $2,002,974, an increase of 6% vs the same time period in 2018. 
  • The median sales price for the area decreased 1% to $1,630,313 vs $1,620,167 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 – August 2019

Naples Florida Real Estate Market News –
August 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2019 for the Naples, Bonita Springs and Estero area increased 7% year-over-year (7,280 vs 6,804). 
  • There were 17 closed sales, priced above two million, in August 2019 compared to 14 in August 2018 a 21% increase. During the 12 months ending August 31, 2019, sales in this category decreased 1% over the same time period in 2018 (386 vs 391). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2019, a total of 11,373 new listings were added to the market, this is 4% more listings than the same time period, 12 months ending August 31, 2018. 
  • Available inventory as of August 31, 2019 consisted of 4,376 units, a decrease of 8% vs the same time period in 2018. 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 $663,502 which remained relatively the same with an increase of less than 1% vs. the same time period in 2018. 
  • The median sales price for the area decreased 2% to $386,638 vs $392,979 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2019 for the Naples, Bonita Springs and Estero area increased 2% year-over-year (5,785 vs 5,693). 
  • There were 6 closed sales, priced above two million, in August 2019. The same number as August 2018. During the 12 months ending August 31, 2019, sales in this category increased 11% over the same time period in 2018 (157 vs 142 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2019, a total of 8,884 new listings were added to the market, which remained relatively the same with a decrease of less than 1% vs. the same time period 12 months ending August 31, 2018. 
  • Available inventory as of August 31, 2019 consisted of 3,335 units, a decrease of 10% vs the same time period in 2018. 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 $412,773 which remained relatively the same with a decrease of less than 1% vs. the same time period in 2018. 
  • The median sales price for the area was $244,115 which remained relatively the same with a decrease of less than 1% 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 – July 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
July 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 July 31 , 2019 for the luxury market from Port Royal to Bonita Beach Road area ivcreased 3% year-over-year (374 vs 362). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31 , 2019, a total of 658 new listings were added to the market, this is approximately 7% more listings than the same time period 12 months ening July 31 , 2018. 
  • Available inventory as of July 31 , 2019 consisted of 359 units, an increase of 1% vs the same time period in 2018. 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 $3,722,552, which increased 14% vs the same time period in 2018. 
  • The median sales price for the area increased 16% to $2,786,354 vs $2,407,083 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 July 31 , 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 18% year-over-year (372 vs 438). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31 , 2019, a total of 642 new listings were added to the market, a decrease of 1% vs the same time period, 12 months ending July 31 , 2018. 
  • Available inventory as of July 31 , 2019 consisted of 305 units, an increase of 11% 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 $2,003,813, an increase of 5% vs the same time period in 2018. 
  • The median sales price for the area decreased 1% to $1,629,542 vs $1,628,958 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 – July 2019

Naples Florida Real Estate Market News –
July 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31 , 2019 for the Naples, Bonita Springs and Estero area increased 6% year-over-year (7,239 vs 6,801). 
  • There were 34 closed sales, priced above two million, in July 2019 compared to 28 in July 2018 a 21% increase. During the 12 months ending July 31 , 2019, sales in this category decreased 4% over the same time period in 2018 (383 vs 401). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31 , 2019, a total of 11,436 new listings were added to the market, this is 5% more listings than the same time period, 12 months ending July 31 , 2018. 
  • Available inventory as of July 31 , 2019 consisted of 4,731 units, a decrease of 3% vs the same time period in 2018. Current inventory represents 8 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $661,734 which decreased 1% over the same time period in 2018. 
  • The median sales price for the area decreased 2% to $385,725 vs $394,729 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31 , 2019 for the Naples, Bonita Springs and Estero area increased 3% year-over-year (5,796 vs 5,613). 
  • There were 6 closed sales, priced above two million, in July 2019. It remained the same 6 in July 2018. During the 12 months ending July 31 , 2019, sales in this category increased 13% over the same time period in 2018 (157 vs 139 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending July 31 , 2019, a total of 8,962 new listings were added to the market, approximately 1% more listings than the same time period 12 months ending July 31 , 2018. 
  • Available inventory as of July 31 , 2019 consisted of 3,596 units, a decrease of 6% vs the same time period in 2018. Current inventory represents 7 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $411,418, a decrease of 1% vs the same time period in 2018. 
  • The median sales price for the area increased 1% to $245,364 vs $244,203 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 – June 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
June 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 June 30, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 18% year-over-year (364 vs 443). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2019, a total of 636 new listings were added to the market, this is approximately 2% less listings than the same time period 12 months ending June 30, 2018. 
  • Available inventory as of June 30, 2019 consisted of 398 units, an increase of 6% vs the same time period in 2018. Current inventory represents 13 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,691,473, which increased 12% vs the same time period in 2018. 
  • The median sales price for the area increased 63% to $3,250,000 vs $2,000,000 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 June 30, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 18% year-over-year (364 vs 443). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2019, a total of 636 new listings were added to the market, a decrease of 2% vs the same time period, 12 months ending June 30, 2018. 
  • Available inventory as of June 30, 2019 consisted of 337 units, an increase of 16% 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 $2,020,741, an increase of 7% vs the same time period in 2018. 
  • The median sales price for the area decreased 1% to $1,750,000 vs $1,775,000 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 – June 2019

Naples Florida Real Estate Market News –
June 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2019 for the Naples, Bonita Springs and Estero area increased 5% year-over-year (7,126 vs 6,813). 
  • There were 39 closed sales, priced above two million, in June 2019 compared to 46 in June 2018 a 15% decrease. During the 12 months ending June 30, 2019, sales in this category increased 5% over the same time period in 2018 (421 vs 401). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2019, a total of 11,550 new listings were added to the market, this is 6% more listings than the same time period, 12 months ending June 30, 2018. 
  • Available inventory as of June 30, 2019 consisted of 5,064 units, an increase of 2% vs the same time period in 2018. 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 $661,282 which decreased 1% over the same time period in 2018. 
  • The median sales price for the area decreased 8% to $375,000 vs $409,300 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2019 for the Naples, Bonita Springs and Estero area increased 4% year-over-year (5,768 vs 5,564). 
  • There were 25 closed sales, priced above two million, in June 2019 compared to 24 in June 2018 a 4% increase. During the 12 months ending June 30, 2019, sales in this category increased 13% over the same time period in 2018 (156 vs 138 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending June 30, 2019, a total of 8,963 new listings were added to the market, approximately 1% more listings than the same time period 12 months ending June 30, 2018. 
  • Available inventory as of June 30, 2019 consisted of 3,860 units, a decrease of 5% vs the same time period in 2018. Current inventory represents 8 months of supply based on current absorption rate. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $411,437, a decrease of 1% vs the same time period in 2018. 
  • The median sales price for the area increased 1% to $250,000 vs $247,500 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 – May 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
May 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 May 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area increased 7% year-over-year (366 vs 342). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending May 31, 2019, a total of 657 new listings were added to the market, this is approximately 5% more listings than the same time period 12 months ending May 31, 2018. 
  • Available inventory as of May 31, 2019 consisted of 459 units, an increase of 6% 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 $3,696,351, which increased 17% vs the same time period in 2018. 
  • The median sales price for the area decreased 6% to $2,577,500 vs $2,742,500 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 May 31, 2019 for the luxury market from Port Royal to Bonita Beach Road area decreased 23% year-over-year (347 vs 450). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending May 31, 2019, a total of 619 new listings were added to the market, a decrease of 5% vs the same time period, 12 months ending May 31, 2018. 
  • Available inventory as of May 31, 2019 consisted of 396 units, an increase of 17% 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 $2,026,661, an increase of 8% vs the same time period in 2018. 
  • The median sales price for the area decreased 2% to $1,735,000 vs $1,775,000 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 – May 2019

Naples Florida Real Estate Market News –
May 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2019 for the Naples, Bonita Springs and Estero area increased 4% year-over-year (7,127 vs 6,850). 
  • There were 41 closed sales, priced above two million, in May 2019 compared to 57 in May 2018 a 28% decrease. During the 12 months ending May 31, 2019, sales in this category decreased 1% over the same time period in 2018 (382 vs 386). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending May 31, 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 May 31, 2018. 
  • Available inventory as of May 31, 2019 consisted of 5,550 units, an increase of 4% vs the same time period in 2018. 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 $667,871 which improved over the same time period in 2018, representing an increase of 2%. 
  • The median sales price for the area increased 4% to $400,000 vs $385,000 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2019 for the Naples, Bonita Springs and Estero area increased 5% year-over-year (5,862 vs 5,565). 
  • There were 23 closed sales, priced above two million, in May 2019 compared to 24 in May 2018 a 4% decrease. During the 12 months ending May 31, 2019, sales in this category increased 1% over the same time period in 2018 (143 vs 142 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending May 31, 2019, a total of 8,987 new listings were added to the market, approximately 1% more listings than the same time period 12 months ending May 31, 2018. 
  • Available inventory as of May 31, 2019 consisted of 4,295 units, a decrease of 5% vs the same time period in 2018. 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 $403,869, a decrease of 3% vs the same time period in 2018. 
  • The median sales price for the area decreased 2% to $255,000 vs $259,000 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 – 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.”