Naples Area Market Report Naples Area Market Report | Page 2

February 2025
Quick Facts- 9.5 %

Naples Area Market Report

February 2025
According to the February 2025 Market Report by the Naples Area Board of REALTORS ®( NABOR ®), which tracks home listings and sales within Collier County( excluding Marco Island), inventory increased 35.8 percent to 7,320 properties from 5,389 properties in February 2024. Overall closed sales decreased 9.5 percent to 584 closed sales in February 2025 from 645 closed sales in February 2024, but it increased 6 percent compared to closed sales reported in January 2025( 511 closed sales). And although the overall median closed price in February increased 4 percent to $ 650,000 from $ 625,000 in February 2024, the report also showed sellers taking action to stay competitive with 2,883 price decreases reported during the month to contend with the growing number of properties on the market.
The lax lending standards that ultimately led to a high number of foreclosures and short sales in 2007 is not occurring in 2025. Brokers reviewing the February Market Report say today’ s seller is better positioned than a seller in 2007 because most have built substantial home equity.
New listings during February barely decreased(. 1 percent) to 1,710 new listings from 1,711 new listings in February 2024. The added competition means sellers must be ready to meet the demand with asking prices that fit today’ s market. During February, sellers were getting an average of 94.8 percent of their asking price. Of those buyers in February, 76.9 percent of them paid for the purchase in cash.

Quick Facts- 9.5 %

Change in Total Sales All Properties
Change in Median Closed Price All Properties
Change in Homes for Sale All Properties

+ 33.7 % + 0.0 %- 6.6 %

Price Range with Strongest Sales
$ 5,000,001 & Above
Overall Market Overview Single Family Market Overview Condo Market Overview Overall Closed Sales Overall Median Closed Price Overall Percent of Current List Price Received Overall Days on Market until Sale Overall New Listings by Month Overall Inventory of Homes for Sale Overall Listing and Sales Summary by Area Naples Beach North Naples Central Naples South Naples East Naples Immokalee / Ave Maria

+ 4.0 %

Bedroom Count With Strongest Sales 1 Bedrooms

+ 35.8 %

Property Type With Strongest Sales
Single Family
2
3 4 5-6 7-8 9-10 11- 12
13
14-15 16 17
18 19
20 21 22
Current as of March 10, 2025. All data from Southwest Florida MLS. Report © 2025 ShowingTime Plus, LLC.