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 – January 2021 – LUXURY MARKET

Naples Florida Real Estate Market News –
January 2021

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, 2021 for the luxury market from Port Royal to Bonita Beach Road Area increased 47% year-over-year (552 vs 376). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2021, a total of 678 new listings were added to the market, an increase of 10% compared to the same time period 12 months ending January 31, 2020. 
  • Available inventory as of January 31, 2021 consisted of 300 units, a decrease of 29% vs the same time period in 2020 (300 vs 425). Current inventory represents 6.7 months of supply based on current absorption rates. 

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,717,347, remaining relatively the same with a decrease of less than 1% vs the same time period in 2020.
  • The median sales price for the area in January 2021 decreased 24% to $2,500,000 vs January 2020. 

 

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, 2021 for the luxury market from Port Royal to Bonita Beach Road Area increased 52% year-over-year (574 vs 377). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2021, a total of 754 new listings were added to the market, an increase of 22% vs the same time period 12 months ending January 31, 2020. 
  • Available inventory as of January 31, 2021 consisted of 310 units, a 23% decrease vs the same time period in 2020. 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 $2,097,549, remaining relatively the same with an increase of less than 1% vs the same time period in 2020. 
  • The median sales price for the area in January 2021 decreased 9% to $1,646,250 vs January 2020. 

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2021 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 2021

Naples Florida Real Estate Market News –
January 2021

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending January 31, 2021 for the Naples and Bonita Springs Area increased 29% year-over-year (8,859 vs 6,892).
  • There were 67 closed sales, priced above two million, in January 2021 compared to 38 in January 2020, a 76% increase. During the 12 months ending January 31, 2021, sales in this category increased 73% over the same time period in 2020 (662 vs 382). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2021, a total of 10,065 new listings were added to the market, remaining relatively the same with a decrease of 1% vs the same time period 12 months ending January 31, 2020. 
  • Available inventory as of January 31, 2021 consisted of 3,194 units, a decrease of 35% vs the same time period in 2020. 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 $786,153 a 14% increase vs the same time period in 2020. 
  • The median sales price for the area in January 2021 increased 15% to $491,500 vs January 2020. 

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending January 31, 2021 for the Naples and Bonita Springs Area increased 16% year-over-year (6,402 vs 5,502). 
  • There were 18 closed sales priced above two million compared to 17 in January 2020, a 6% increase. During the 12 months ending January 31, 2021, sales in this category increased 63% vs the same time period in 2020 (239 vs 147 units). 

NEW LISTINGS / INVENTORY

  • During the 12 months ending January 31, 2021, a total of 8,114 new listings were added to the market, a 3% increase vs the same time period 12 months ending January 31, 2020. 
  • Available inventory as of January 31, 2021 consisted of 2,945 units, a decrease of 25% vs the same time period in 2020. 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 $491,351 an increase of 13% vs the same time period in 2020. 
  • The median sales price for the area in January 2021 increased 8% to $285,000 vs January 2020. 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2021 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 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
December 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 December 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 43% year-over-year (535 vs 373).

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2020, a total of 699 new listings were added to the market, an increase of 11% compared to the same time period 12 months ending December 31, 2019.
  • Available inventory as of December 31, 2020 consisted of 284 units, a decrease of 25% vs the same time period in 2019 (284 vs 377). Current inventory represents 3.6 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,690,987, a decrease of 3% vs the same time period in 2019.
  • The median sales price for the area in December 2020 increased 71% to $3,850,000 vs December 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 December 31, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 52% year-over-year (557 vs 367).

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2020, a total of 782 new listings were added to the market, an increase of 26% vs the same time period 12 months ending December 31, 2019.
  • Available inventory as of December 31, 2020 consisted of 308 units, an 18% decrease vs the same time period in 2019. Current inventory represents 4.2 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,121,623, increasing 2% vs the same time period in 2019.
  • The median sales price for the area in December 2020 increased 4% to $1,620,000 vs December 2019.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 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 2020

Naples Florida Real Estate Market News –
December 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending December 31, 2020 for the Naples and Bonita Springs Area increased 26% year-over-year (8,579 vs 6,832).
  • There were 101 closed sales, priced above two million, in December 2020 compared to 35 in December 2019, a 189% increase. During the 12 months ending December 31, 2020, sales in this category increased 68% over the same time period in 2019 (627 vs 373).

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2020, a total of 10,296 new listings were added to the market, remaining relatively the same with an increase of 1% vs the same time period 12 months ending December 31, 2019.
  • Available inventory as of December 31, 2020 consisted of 3,075 units, a decrease of 30% vs the same time period in 2019. Current inventory represents 3.4 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $774,651 a 13% increase vs the same time period in 2019.
  • The median sales price for the area in December 2020 increased 21% to $498,623 vs December 2019.

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending December 31, 2020 for the Naples and Bonita Springs Area increased 13% year-over-year (6,128 vs 5,421).
  • There were 26 closed sales priced above two million compared to 7 in December 2019, a 271% increase. During the 12 months ending December 31, 2020, sales in this category increased 67% vs the same time period in 2019 (235 vs 141 units).

NEW LISTINGS / INVENTORY

  • During the 12 months ending December 31, 2020, a total of 8,273 new listings were added to the market, a 3% increase vs the same time period 12 months ending December 31, 2019.
  • Available inventory as of December 31, 2020 consisted of 2,948 units, a decrease of 16% vs the same time period in 2019. Current inventory represents 4.2 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $493,606 an increase of 15% vs the same time period in 2019.
  • The median sales price for the area in December 2020 increased 16% to $299,000 vs December 2019.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 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 – November 2020 – LUXURY MARKET

Naples Florida Real Estate Market News –
November 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 November 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 36% year-over-year (484 vs 357).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2020, a total of 690 new listings were added to the market, an increase of 9% compared to the same time period 12 months ending November 30, 2019.
  • Available inventory as of November 30, 2020 consisted of 333 units, a decrease of 13% vs the same time period in 2019 (333 vs 383). Current inventory represents 7.7 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,558,442, a decrease of 8% vs the same time period in 2019.
  • The median sales price for the area in November 2020 increased 25% to $3,125,000 vs November 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 November 30, 2020 for the luxury market from Port Royal to Bonita Beach Road Area increased 43% year-over-year (512 vs 359).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2020, a total of 767 new listings were added to the market, an increase of 22% vs the same time period 12 months ending November 30, 2019.
  • Available inventory as of November 30, 2020 consisted of 331 units, a 10% decrease vs the same time period in 2019. Current inventory represents 8.5 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $2,110,792, remaining relatively the same with an increase of 1% vs the same time period in 2019.
  • The median sales price for the area in November 2020 increased 17% to $1,550,000 vs November 2019.

 

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 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 – November 2020

Naples Florida Real Estate Market News –
November 2020

 

 

 

 

NAPLES AND BONITA SPRINGS – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending November 30, 2020 for the Naples and Bonita Springs Area increased 24% year-over-year (8,250 vs 6,643).
  • There were 61 closed sales, priced above two million, in November 2020 compared to 24 in November 2019, a 154% increase. During the 12 months ending November 30, 2020, sales in this category increased 57% over the same time period in 2019 (559 vs 356).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2020, a total of 10,222 new listings were added to the market, this is an increase of less than 1% vs the same time period 12 months ending November 30, 2019.
  • Available inventory as of November 30, 2020 consisted of 3,503 units, a decrease of 23% 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 $747,621 a 10% increase vs the same time period in 2019.
  • The median sales price for the area in November 2020 increased 19% to $470,000 vs November 2019.

 

NAPLES AND BONITA SPRINGS – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending November 30, 2020 for the Naples and Bonita Springs Area increased 11% year-over-year (5,876 vs 5,316).
  • There were 11 closed sales priced above two million compared to 5 in November 2019, a 120% increase. During the 12 months ending November 30, 2020, sales in this category increased 49% vs the same time period in 2019 (216 vs 145 units).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2020, a total of 8,212 new listings were added to the market, a 2% increase vs the same time period 12 months ending November 30, 2019.
  • Available inventory as of November 30, 2020 consisted of 3,248 units, a decrease of 10% vs the same time period in 2019. Current inventory represents 5.5 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $483,107 an increase of 12% vs the same time period in 2019.
  • The median sales price for the area in November 2020 increased 8% to $277,500 vs November 2019.

“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS. Copyright 2020 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 – 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.”