Naples Area Market Report Naples Area Market Report | Page 20

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

Central Naples

34104, 34105, 34116
Single Family
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
92
83
- 9.8 %
279
294
+ 5.4 %
Total Sales
67
60
- 10.4 %
128
137
+ 7.0 %
Days on Market Until Sale
63
75
+ 19.0 %
57
82
+ 43.9 %
Median Closed Price *
$ 670,000
$ 675,000
+ 0.7 %
$ 675,000
$ 649,000
- 3.9 %
Average Closed Price *
$ 1,024,163
$ 1,182,529
+ 15.5 %
$ 1,231,724
$ 1,125,151
- 8.7 %
Percent of List Price Received *
95.8 %
95.6 %
- 0.2 %
95.5 %
95.7 %
+ 0.2 %
Inventory of Homes for Sale
258
335
+ 29.8 %
––
––
––
Months Supply of Inventory
5.6
7.8
+ 39.3 %
––
––
––
Condo
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
102
121
+ 18.6 %
363
388
+ 6.9 %
Total Sales
67
48
- 28.4 %
149
119
- 20.1 %
Days on Market Until Sale
32
67
+ 109.4 %
42
74
+ 76.2 %
Median Closed Price *
$ 351,500
$ 324,900
- 7.6 %
$ 360,000
$ 312,500
- 13.2 %
Average Closed Price *
$ 428,131
$ 427,877
- 0.1 %
$ 468,155
$ 402,938
- 13.9 %
Percent of List Price Received *
96.4 %
95.1 %
- 1.3 %
96.1 %
94.7 %
- 1.5 %
Inventory of Homes for Sale
346
522
+ 50.9 %
––
––
––
Months Supply of Inventory
6.7
11.7
+ 74.6 %
––
––
––
* 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
$ 800,000
Overall Naples Market Central Naples
Median Closed Price- Condo
Rolling 12-Month Calculation
$ 600,000
Overall Naples Market Central Naples
$ 500,000
$ 600,000
$ 400,000
$ 400,000
$ 300,000
$ 200,000
$ 200,000
$ 100,000
$ 0 1-2006 1-2008 1-2010 1-2012 1-2014 1-2016 1-2018 1-2020 1-2022 1-2024
$ 0
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.