December 2024
Quick Facts + 4.6 % - 4.0 % + 35.7 %
Monthly Indicators
December 2024
The Naples area housing market ended the year strong , dispelling whispers of falling values and reluctant buyers . The overall median closed price during December decreased 4 percent to $ 600,000 from $ 625,000 in December 2023 . This decrease was driven largely by a 13.9 percent decrease in the median closed price for the condominium market to $ 447,750 from $ 520,000 in December 2023 . The median closed price in the single family home market increased 2.3 percent to $ 767,500 from $ 750,000 in December 2023 . Both sellers , whose confidence in the Naples housing market was demonstrated in a 26 percent increase in new listings for December ; and buyers , whose appreciation of the increased inventory resulted in a 7.4 percent increase in pending sales during December , reaped the
benefits of a housing market that is delivering on its reputation .
According to data in this report , 15,459 new listings were added to the market ( a 15.7 % increase ) in 2024 . Also a significant yearend achievement , 10,090 properties went under contract ( pending ) and 7,966 homes transferred ownership ( closed ).
For December , overall closed sales increased 4.6 percent to 594 closed sales from 568 closed sales in December 2023 . Of all sales recorded during December , 57.9 percent were cash sales . Overall inventory increased 35.7 percent to 5,695 properties from 4,198 properties in December 2023 . With more options for buyers , days on the market increased 42.4 percent to 84 days compared to 59 days in December 2023 .
This report covers residential real estate activity in Collier County , excluding Marco Island . Percent changes are calculated using rounded figure .
Quick Facts + 4.6 % - 4.0 % + 35.7 %
Change in Total Sales All Properties
Change in Median Closed Price All Properties
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
Change in Homes for Sale All Properties
+ 13.4 % - 2.1 % - 9.5 %
Price Range With the Strongest Sales :
$ 5,000,001 and Above
Bedroom Count With Strongest Sales :
1 Bedroom or Fewer
Property Type With Strongest Sales :
Single Family
Current as of January 10 , 2025 . All data from Southwest Florida MLS . Report © 2024 ShowingTime Plus , LLC .
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