Naples Area Market Report Naples Area Market Report | Page 19

Local Market Update – March 2025
Local Market Update – March 2025
A Research Tool Provided by Naples Area Board of REALTORS ®

North Naples

34109, 34110, 34119
Single Family
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
164
173
+ 5.5 %
539
562
+ 4.3 %
Total Sales
105
86
- 18.1 %
227
230
+ 1.3 %
Days on Market Until Sale
63
89
+ 41.3 %
57
83
+ 45.6 %
Median Closed Price *
$ 1,100,000
$ 982,500
- 10.7 %
$ 995,000
$ 1,000,000
+ 0.5 %
Average Closed Price *
$ 1,636,015
$ 1,593,472
- 2.6 %
$ 1,539,595
$ 1,537,994
- 0.1 %
Percent of List Price Received *
95.6 %
94.0 %
- 1.7 %
95.8 %
94.3 %
- 1.6 %
Inventory of Homes for Sale
516
652
+ 26.4 %
––
––
––
Months Supply of Inventory
6.3
8.7
+ 38.1 %
––
––
––
Condo
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
190
196
+ 3.2 %
644
703
+ 9.2 %
Total Sales
131
123
- 6.1 %
272
267
- 1.8 %
Days on Market Until Sale
60
78
+ 30.0 %
54
81
+ 50.0 %
Median Closed Price *
$ 535,000
$ 477,500
- 10.7 %
$ 512,000
$ 475,000
- 7.2 %
Average Closed Price *
$ 663,851
$ 664,998
+ 0.2 %
$ 639,212
$ 663,813
+ 3.8 %
Percent of List Price Received *
95.8 %
95.0 %
- 0.8 %
96.0 %
95.5 %
- 0.5 %
Inventory of Homes for Sale
617
856
+ 38.7 %
––
––
––
Months Supply of Inventory
6.6
9.6
+ 45.5 %
––
––
––
* Does not account for sale concessions and / or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Closed Price- Single Family
Rolling 12-Month Calculation
$ 1,200,000
Overall Naples Market North Naples
Median Closed Price- Condo
Rolling 12-Month Calculation
$ 600,000
Overall Naples Market North Naples
$ 1,000,000
$ 500,000
$ 800,000
$ 400,000
$ 600,000
$ 300,000
$ 400,000
$ 200,000
$ 200,000
$ 0 1-2006 1-2008 1-2010 1-2012 1-2014 1-2016 1-2018 1-2020 1-2022 1-2024
$ 100,000
1-2006 1-2008 1-2010 1-2012 1-2014 1-2016 1-2018 1-2020 1-2022 1-2024
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Current as of April 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC.