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 12-2023 12-2024 % Change YTD 2023 YTD 2024 % Change
New Listings 940 1,184 + 26.0 % 13,363 15,459 + 15.7 %
12-2022 6-2023 12-2023 6-2024 12-2024
Total Sales 568 594 + 4.6 % 8,853 7,966 - 10.0 %
12-2022 6-2023 12-2023 6-2024 12-2024
Days on Market Until Sale 59 84 + 42.4 % 54 75 + 38.9 %
12-2022 6-2023 12-2023 6-2024 12-2024
Median Closed Price $ 625,000 $ 600,000 - 4.0 % $ 600,000 $ 610,000 + 1.7 %
12-2022 6-2023 12-2023 6-2024 12-2024
Average Closed Price $ 1,117,500 $ 1,029,394 - 7.9 % $ 1,022,877 $ 1,082,321 + 5.8 %
12-2022 6-2023 12-2023 6-2024 12-2024
Percent of List Price Received 95.9 % 95.0 % - 0.9 % 96.2 % 95.4 % - 0.8 %
12-2022 6-2023 12-2023 6-2024 12-2024
Pending Listings 583 626 + 7.4 % 10,912 10,090 - 7.5 %
12-2022 6-2023 12-2023 6-2024 12-2024
Inventory of Homes for Sale 4,198 5,695 + 35.7 % –– –– ––
12-2022 6-2023 12-2023 6-2024 12-2024
Months Supply of Inventory 5.7 8.6 + 50.9 % –– –– ––
12-2022 6-2023 12-2023 6-2024 12-2024
Current as of January 10 , 2025 . All data from Southwest Florida MLS . Report © 2024 ShowingTime Plus , LLC . | Page 2