Naples Area Market Report Naples Area Market Report | Page 21

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

South Naples

34112, 34113
Single Family
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
92
104
+ 13.0 %
302
387
+ 28.1 %
Total Sales
49
52
+ 6.1 %
114
115
+ 0.9 %
Days on Market Until Sale
62
69
+ 11.3 %
56
78
+ 39.3 %
Median Closed Price *
$ 680,000
$ 702,500
+ 3.3 %
$ 717,500
$ 765,000
+ 6.6 %
Average Closed Price *
$ 1,124,505
$ 1,147,123
+ 2.0 %
$ 1,116,922
$ 1,111,603
- 0.5 %
Percent of List Price Received *
95.5 %
94.4 %
- 1.2 %
95.3 %
94.0 %
- 1.4 %
Inventory of Homes for Sale
318
474
+ 49.1 %
––
––
––
Months Supply of Inventory
7.1
12.0
+ 69.0 %
––
––
––
Condo
March
Year to Date
Key Metrics
2024
2025
% Change
Thru 3-2024
Thru 3-2025
% Change
New Listings
186
208
+ 11.8 %
584
667
+ 14.2 %
Total Sales
84
95
+ 13.1 %
217
212
- 2.3 %
Days on Market Until Sale
62
78
+ 25.8 %
67
86
+ 28.4 %
Median Closed Price *
$ 448,500
$ 425,000
- 5.2 %
$ 439,000
$ 422,500
- 3.8 %
Average Closed Price *
$ 529,118
$ 491,758
- 7.1 %
$ 500,369
$ 476,077
- 4.9 %
Percent of List Price Received *
96.5 %
94.5 %
- 2.1 %
96.7 %
94.4 %
- 2.4 %
Inventory of Homes for Sale
580
853
+ 47.1 %
––
––
––
Months Supply of Inventory
7.3
12.2
+ 67.1 %
––
––
––
* 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 South Naples
Median Closed Price- Condo
Rolling 12-Month Calculation
$ 600,000
Overall Naples Market South Naples
$ 700,000
$ 500,000
$ 600,000
$ 400,000
$ 500,000
$ 300,000
$ 400,000
$ 300,000
$ 200,000
$ 200,000
$ 100,000
$ 100,000 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.