Naples Area Market Report Naples Area Market Report | Page 3

Overall Market Overview

Key metrics by report month and for year-to-date ( YTD ) starting from the first of the year .
Key Metrics Historical Sparkbars 3-2023 3-2024 % Change YTD 2023 YTD 2024 % Change
New Listings 1,406 1,501 + 6.8 % 4,121 5,013 + 21.6 %
3-2022 9-2022 3-2023 9-2023 3-2024
Total Sales 1,041 893 - 14.2 % 2,306 2,023 - 12.3 %
3-2022 9-2022 3-2023 9-2023 3-2024
Days on Market Until Sale 49 68 + 38.8 % 52 67 + 28.8 %
3-2022 9-2022 3-2023 9-2023 3-2024
Median Closed Price $ 612,000 $ 649,000 + 6.0 % $ 600,000 $ 632,500 + 5.4 %
3-2022 9-2022 3-2023 9-2023 3-2024
Average Closed Price $ 1,008,704 $ 1,197,666 + 18.7 % $ 1,084,337 $ 1,146,221 + 5.7 %
3-2022 9-2022 3-2023 9-2023 3-2024
Percent of List Price Received 96.7 % 95.7 % - 1.0 % 96.3 % 95.8 % - 0.5 %
3-2022 9-2022 3-2023 9-2023 3-2024
Pending Listings 1,377 1,300 - 5.6 % 3,700 3,477 - 6.0 %
3-2022 9-2022 3-2023 9-2023 3-2024
Inventory of Homes for Sale 3,153 5,283 + 67.6 % –– –– ––
3-2022 9-2022 3-2023 9-2023 3-2024
Months Supply of Inventory 3.9 7.4 + 89.7 % –– –– ––
3-2022 9-2022 3-2023 9-2023 3-2024
Current as of April 10 , 2024 . All data from Southwest Florida MLS . Report © 2024 ShowingTime Plus , LLC . | 2