Below are articles covering the Naples real estate market specifically, including news, market updates, advice and perspectives on this unique and fast-moving market. Updates are continuous, so check back often for the latest and most accurate data in the area.

No Comments

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

Naples Florida Real Estate Market News –
August 2018

LUXURY MARKET

 

 

 

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2018 for the Naples, Bonita Springs and Estero area decreased 5% year-over-year (6,770 vs 7,088).
  • There were 14 closed sales, priced above two million, in August 2018 compared to 24 in August 2017. During the 12 months ending August 31, 2018, sales in this category increased 8% over the same time period in 2017 (390 vs 361).

 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2018, a total of 10,828 new listings were added to the market, this is 5% fewer listings than the same time period, 12 months ending August 31, 2017.
  • Available inventory as of August 31, 2018 consisted of 4,569 units, a decrease of 2% vs the same time period in 2017. 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 $663,604 which improved over the same time period in 2017, representing an increase of 7%.
  • The median sales price for the area increased 7% to $390,000 vs $372,500 in 2017.

 

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with an increase of 1% year-over-year (5,649 vs 5,591).
  • There were 6 closed sales, priced above two million, in August 2018 compared to 3 in August 2017, a 100% increase. During the 12 months ending August 31, 2018, sales in this category increased 23% over the same time period in 2017 (142 vs 115 units).

 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2018, a total of 8,802 new listings were added to the market, approximately 3% fewer listings than the same time period 12 months ending August 31, 2017.
  • Available inventory as of August 31, 2018 consisted of 3,517 units, a decrease of 5% vs the same time period in 2017. 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 $414,633, which improved over the same time period in 2017, representing an increase of 5%.
  • The median sales price for the area remained relatively the same with an increase of 1% to $243,750 vs 2017.

LUXURY MARKET $1M+ (WEST OF 41)

NAPLES, BONITA SPRINGS AND ESTERO – SINGLE FAMILY PROPERTIES

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 29% year-over-year (441 vs 341).

 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2018, a total of 639 new listings were added to the market, an increase of approximately 6% vs the same time period, 12 months ending August 31, 2017.
  • Available inventory as of August 31, 2018 consisted of 310 units, a decrease of 14% vs the same time period in 2017. 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 $3,322,883, which decreased 2% vs the same time period in 2017.
  • The median sales price for the area decreased 5% to $2,537,500 vs 2017.

 

LUXURY MARKET $1M+ (WEST OF 41)

NAPLES, BONITA SPRINGS AND ESTERO – CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending August 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 29% year-over-year (441 vs 341).

 

NEW LISTINGS / INVENTORY

  • During the 12 months ending August 31, 2018, a total of 639 new listings were added to the market, an increase of approximately 6% vs the same time period, 12 months ending August 31, 2017.
  • Available inventory as of August 31, 2018 consisted of 260 units, a decrease of 60% vs the same time period in 2017. 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 $1,891,252, a decrease of 4% vs the same time period in 2017.
  • The median sales price for the area increase 17% to $1,687,500 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 – July 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
July 2018

LUXURY MARKET

 

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 15% year-over-year (361 vs 313).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending July 31, 2018, a total of 613 new listings were added to the market, this is approximately 8% fewer listings than the same time period 12 months ending July 31, 2017.
  • Available inventory as of July 31, 2018 consisted of 342 units, a decrease of 15% vs the same time period in 2017. Current inventory represents 11 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,278,941, which increased 3% vs the same time period in 2017.
  • The median sales price for the area increased 3% to $2,360,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending July 31, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 28% year-over-year (438 vs 342).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending July 31, 2018, a total of 652 new listings were added to the market, an increase of approximately 14% vs the same time period, 12 months ending July 31, 2017.
  • Available inventory as of July 31, 2018 consisted of 262 units, a decrease of 14% vs the same time period in 2017. Current inventory represents 7 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $1,914,319, a decrease of 2% vs the same time period in 2017.
  • The median sales price for the area increase 15% to $1,687,500 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 Community Sales Report – June 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 June 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 – June 2018 – LUXURY MARKET

Naples Florida Real Estate Market News –
June 2018

LUXURY MARKET

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 15% year-over-year (460 vs 313).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 613 new listings were added to the market, this is approximately 9% fewer listings than the same time period 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 370 units, a decrease of 16% vs the same time period in 2017. Current inventory represents 12 months of supply based on current absorption rates.

 

AVERAGE AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $3,291,642, which increased 2% vs the same time period in 2017.
  • The median sales price for the area increased 4% to $2,600,000 vs 2017.

 



CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the luxury market from Port Royal to Bonita Beach Road area improved 29% year-over-year (441 vs 342).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 652 new listings were added to the market, an increase of approximately 15% vs the same time period, 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 280 units, a decrease of 18% 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 $1,883,642, a decrease of 3% vs the same time period in 2017.
  • The median sales price for the area stayed relatively the same with an decrease of 9% to $1,530,000 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 – June 2018

Naples Florida Real Estate Market News –
June 2018

 

 

SINGLE FAMILY

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 4% year-over-year (6,753 vs 7,014).
  • There were 27 closed sales, priced above two million, in June 2018 compared to 15 in June 2017. During the 12 months ending June 30, 2018, sales in this category increased 13% over the same time period in 2017 (233 vs 206).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 10,729 new listings were added to the market, this is 6% fewer listings than the same time period, 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 4,817 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 AND MEDIAN SALES PRICE

  • The year-over-year average sales price for the area was $670,456 which improved over the same time period in 2017, representing an increase of 10%.
  • The median sales price for the area increased 5% to $400,000 vs $380,000 in 2017.

 


CONDOMINIUMS

CLOSED SALES

  • The number of closed sales in the 12 months ending June 30, 2018 for the Naples, Bonita Springs and Estero area remained relatively the same, with a decrease of 2% year-over-year (5,501 vs 5,592).
  • There were 8 closed sales, priced above two million, in June 2018 compared to 13 in June 2017, a 38% decrease. During the 12 months ending June 30, 2018, sales in this category increased 12% over the same time period in 2017 (137 vs 122 units).

 

NEW LISTINGS/INVENTORY

  • During the 12 months ending June 30, 2018, a total of 8,779 new listings were added to the market, approximately 2% fewer listings than the same time period 12 months ending June 30, 2017.
  • Available inventory as of June 30, 2018 consisted of 3,885 units, a decrease of 5% 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 $414,653, which improved over the same time period in 2017, representing an increase of 5%.
  • The median sales price for the area decreased 1% to $257,500 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 Community Sales Report – May 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 May 31, 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 – 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.”