Information below pertains to those interesting in selling property in Naples, or those already in the process of selling property.

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

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.”

No Comments

Naples Florida Monthly Real Estate Market Update – November 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
November 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 November 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 10% year-over-year (369 vs 336).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2018, a total of 667 new listings were added to the market, this is approximately 10% more listings than the same time period 12 months ending November 30, 2017.
  • Available inventory as of November 30, 2018 consisted of 397 units, an increase of 4% vs the same time period in 2017. 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 $3,402,141, which increased 7% vs the same time period in 2017.
  • The median sales price for the area increased 16% to $2,672,500 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 November 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 36% year-over-year (461 vs 340).

NEW LISTINGS / INVENTORY

  • During the 12 months ending November 30, 2018, a total of 678 new listings were added to the market, an increase of approximately 18% vs the same time period, 12 months ending November 30, 2017.
  • Available inventory as of November 30, 2018 consisted of 350 units, a decrease of 5% 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 $1,936,501, an increase of 5% vs the same time period in 2017.
  • The median sales price for the area increased 11% to $1,550,000 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.”

No Comments

Naples Florida Monthly Real Estate Market Update – May 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
May 2018

LUXURY MARKET

 

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 7% year-over-year (340 vs 318).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 620 new listings were added to the market, this is approximately 7% fewer listings than the same time period 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 422 units, a decrease of 10% vs the same time period in 2017. Current inventory represents 15 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,167,794, which decreased 3% vs the same time period in 2017.
  • The median sales price for the area increased 24% to $2,970,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 35% year-over-year (448 vs 333).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 651 new listings were added to the market, an increase of approximately 15% vs the same time period, 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 329 units, a decrease of 12% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,888,285, a decrease of 4% vs the same time period in 2017.
  • The median sales price for the area stayed relatively the same with an increase of 1% to $1,787,500 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.”

 

No Comments

Naples Florida Monthly Real Estate Market Update – May 2018

Naples Florida Real Estate Market News –
May 2018

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 3% year-over-year (6,737 vs 6,963).
  • There were 53 closed sales, priced above two million, in May 2018 compared to 55 in May 2017. During the 12 months ending May 31, 2018, sales in this category increased 11% over the same time period in 2017 (381 vs 343).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 10,727 new listings were added to the market, this is 5% fewer listings than the same time period, 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 5,197 units, a decrease of 4% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $656,396 which improved over the same time period in 2017, representing an increase of 8%.
  • The median sales price for the area increased 4% to $395,000 vs $380,000 in 2017.

 


CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending May 31, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 1% year-over-year (5,488 vs 5,533).
  • There were 24 closed sales, priced above two million, in May 2018 compared to 34 in May 2017, a 29% decrease. During the 12 months ending May 31, 2018, sales in this category increased 20% over the same time period in 2017 (142 vs 118 units).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending May 31, 2018, a total of 8,770 new listings were added to the market, approximately 2% fewer listings than the same time period 12 months ending May 31, 2017.
  • Available inventory as of May 31, 2018 consisted of 4,360 units, a decrease of 3% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rate.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $417,595, which improved over the same time period in 2017, representing an increase of 6%.
  • The median sales price for the area decreased 5% to $255,000 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.”

No Comments

Naples Florida Community Sales Report – April 2018

Monthly Active/Closed Snapshot
12 Month Sold Comparison Report
for Select Communities

This Naples Florida Community Sales Report will show you the market trends for many of the top communities in Naples and Bonita Springs. If you would like more information regarding the Naples Florida Community Sales Report, e-mail Dustin Beard.

 

 

 

Information contained in this report is current as of April 30, 2018.

“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.”
No Comments

Naples Florida Monthly Real Estate Market Update – April 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
April 2018

LUXURY MARKET

 

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending April 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 7% year-over-year (334 vs 312).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending April 30, 2018, a total of 632 new listings were added to the market, this is approximately 4% fewer listings than the same time period 12 months ending April 30, 2017.
  • Available inventory as of April 30, 2018 consisted of 470 units, a decrease of 9% vs the same time period in 2017. Current inventory represents 17 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,105,134, which decreased 4% vs the same time period in 2017.
  • The median sales price for the area increased 9% to $3,375,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending April 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 60% year-over-year (470 vs 294).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending April 30, 2018, a total of 641 new listings were added to the market, an increase of approximately 13% vs the same time period, 12 months ending April 30, 2017.
  • Available inventory as of April 30, 2018 consisted of 366 units, a decrease of 17% vs the same time period in 2017. Current inventory represents 9 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,859,550, a decrease of 7% vs the same time period in 2017.
  • The median sales price for the area increased 5% to $1,331,500 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.”