Naples Area Market Report Naples Area Market Report | Page 19

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

North Naples

34109, 34110, 34119
Single Family
May
Year to Date
Key Metrics
2024
2025
% Change
Thru 5-2024
Thru 5-2025
% Change
New Listings
135
99
- 26.7 %
827
790
- 4.5 %
Total Sales
95
76
- 20.0 %
423
379
- 10.4 %
Days on Market Until Sale
52
79
+ 51.9 %
55
79
+ 43.6 %
Median Closed Price *
$ 1,250,000
$ 990,000
- 20.8 %
$ 1,100,000
$ 1,050,000
- 4.5 %
Average Closed Price *
$ 1,843,494
$ 1,556,020
- 15.6 %
$ 1,578,078
$ 1,579,487
+ 0.1 %
Percent of List Price Received *
94.6 %
93.9 %
- 0.7 %
95.4 %
94.2 %
- 1.3 %
Inventory of Homes for Sale
502
587
+ 16.9 %
––
––
––
Months Supply of Inventory
6.1
8.3
+ 36.1 %
––
––
––
Condo
May
Year to Date
Key Metrics
2024
2025
% Change
Thru 5-2024
Thru 5-2025
% Change
New Listings
148
108
- 27.0 %
970
1,009
+ 4.0 %
Total Sales
132
97
- 26.5 %
555
482
- 13.2 %
Days on Market Until Sale
60
101
+ 68.3 %
56
82
+ 46.4 %
Median Closed Price *
$ 500,000
$ 405,000
- 19.0 %
$ 515,000
$ 456,500
- 11.4 %
Average Closed Price *
$ 828,232
$ 539,146
- 34.9 %
$ 727,640
$ 629,168
- 13.5 %
Percent of List Price Received *
96.3 %
93.3 %
- 3.1 %
96.2 %
95.0 %
- 1.2 %
Inventory of Homes for Sale
591
765
+ 29.4 %
––
––
––
Months Supply of Inventory
6.2
9.2
+ 48.4 %
––
––
––
* 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 June 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC.