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.

No Comments

Naples Florida Monthly Real Estate Market Update – October 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
October 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 October 31, 2019 for the luxury market from Port Royal to Bonita Beach Area increased 2% year-over-year (389 vs 381). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2019, a total of 685 new listings were added to the market, this is approximately 1% fewer listings than the same time period 12 months ending October 31, 2018. 
  • Available inventory as of October 31, 2019 consisted of 376 units, a decrease of 5% 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 $3,942,000, which decreased 10% vs the same time period in 2018. 
  • The median sales price for the area increased 11% to $2,744,666 from $2,474,375. 

 

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, 2019 for the luxury market from Port Royal to Bonita Beach Area decreased 16% year-over-year (379 vs 451). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2019, a total of 633 new listings were added to the market, a decrease of 6% vs the same time period 12 months ending October 31, 2018. 
  • Available inventory as of October 31, 2019 consisted of 334 units, an increase 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 $2,269,000, an increase of 19% vs the same time period in 2018. 
  • The median sales price for the area decreased 3% to $1,571,354 from $1,618,500. 

 

“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.”

No Comments

Naples Florida Monthly Real Estate Market Update – October 2019

Naples Florida Real Estate Market News –
October 2019

 

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2019 for the Naples, Bonita Springs and Estero Area increased 5% year-over-year (7,395 vs 7,015). 
  • There were 23 closed sales, priced above two million, in October 2019 compared to 21 in October 2018 a 10% increase. During the 12 months ending October 31, 2019, sales in this category decreased 9% over the same time period in 2018 (374 vs 411). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2019, a total of 11,411 new listings were added to the market, this is 3% fewer vs. the same time period 12 months ending October 31, 2018. 
  • Available inventory as of October 31, 2019 consisted of 4,768 units, a decrease of 6% 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 $652,000 which remained relatively the same with a decrease of less than 2% vs. the same time period in 2018. 
  • The median sales price for the area decreased 2% to $384,416 from $391,879 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending October 31, 2019 for the Naples, Bonita Springs and Estero Area was flat year-over-year (5,860 vs 5,840). 
  • There were 7 closed sales priced above two million in October 31, 2019, 36% fewer than October 2018. During the 12 months ending October 31, 2019, sales in this category increased 6% over the same time period in 2018 (153 vs 144 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending October 31, 2019, a total of 8,847 new listings were added to the market, a 6% decrease vs. the same time period 12 months ending October 31, 2018. 
  • Available inventory as of October 31, 2019 consisted of 3,627 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 $410,000, a decrease of 2% vs the same time period in 2018. 
  • The median sales price for the area remained relatively the same with a decrease of 2% to $243,740 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.”

No Comments

Naples Florida Monthly Real Estate Market Update – September 2019 – LUXURY MARKET

Naples Florida Real Estate Market News –
September 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 September 30, 2019 for the luxury market from Port Royal to Bonita Beach Area decreased 4% year-over-year (399 vs 416). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2019, a total of 619 new listings were added to the market, this is approximately 3% fewer listings than the same time period 12 months ending September 30, 2018. 
  • Available inventory as of September 30, 2019 consisted of 436 units, a decrease of 3% 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 $3,508,154, which increased 11% vs the same time period in 2018. 
  • The median sales price for the area increased 12% to $2,530,666 from $2,255,833. 

 

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, 2019 for the luxury market from Port Royal to Bonita Beach Area increased 17% year-over-year (337 vs 286). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2019, a total of 477 new listings were added to the market, a decrease of 9% vs the same time period 12 months ending September 30, 2018. 
  • Available inventory as of September 30, 2019 consisted of 354 units, an increase of 4% 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 $1,931,934, which remained unchanged vs the same time period in 2018. 
  • The median sales price for the area decreased 4% to $1,538,583 from $1,600,055. 

 

“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.”

No Comments

Naples Florida Monthly Real Estate Market Update – September 2019

Naples Florida Real Estate Market News –
September 2019

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2019 for the Naples, Bonita Springs and Estero Area increased 6% year-over-year (7,359 vs 6,957). 
  • There were 15 closed sales, priced above two million, in September 2019 compared to 29 in September 2018 a 91% increase. During the 12 months ending September 30, 2019, sales in this category decreased 9% over the same time period in 2018 (372 vs 407). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending September 30, 2019, a total of 11,383 new listings were added to the market, this is relatively flat vs. the same time period 12 months ending September 30, 2018. 
  • Available inventory as of September 30, 2019 consisted of 4,491 units, a decrease of 6% 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 $669,224 which remained relatively the same with a decrease of less than 3% vs. the same time period in 2018. 
  • The median sales price for the area decreased 2% to $384,833 from $392,588 in 2018. 

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending September 30, 2019 for the Naples, Bonita Springs and Estero Area was unchanged year-over-year (5,792 vs 5,799). 
  • There were 6 closed sales priced above two million in September 2019, the same number as September 2018. During the 12 months ending September 30, 2019, sales in this category increased 4% over the same time period in 2018 (125 vs 120 units). 

NEW LISTINGS / INVENTORY

 

  • During the 12 months ending September 30, 2019, a total of 6,469 new listings were added to the market, a 6% decrease vs. the same time period 12 months ending September 30, 2018. 
  • Available inventory as of September 30, 2019 consisted of 3,416 units, a decrease of 6% 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 $415,230, a decrease of 3% vs the same time period in 2018. 
  • The median sales price for the area remained relatively the same with a decrease of 2% to $245,860 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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”