Naples Area Market Report Naples Area Market Report | Page 23

Local Market Update – January 2024
Local Market Update – January 2024
A Research Tool Provided by Naples Area Board of REALTORS ®

Immokalee / Ave Maria

Single Family
January
Year to Date
Key Metrics
2023
2024
% Change
Thru 1-2023
Thru 1-2024
% Change
New Listings
32
37
+ 15.6 %
32
37
+ 15.6 %
Total Sales
18
15
- 16.7 %
18
15
- 16.7 %
Days on Market Until Sale
49
78
+ 59.2 %
49
78
+ 59.2 %
Median Closed Price *
$ 518,596
$ 480,000
- 7.4 %
$ 518,596
$ 480,000
- 7.4 %
Average Closed Price *
$ 486,456
$ 488,134
+ 0.3 %
$ 486,456
$ 488,134
+ 0.3 %
Percent of List Price Received *
96.5 %
98.1 %
+ 1.7 %
96.5 %
98.1 %
+ 1.7 %
Inventory of Homes for Sale
83
106
+ 27.7 %
––
––
––
Months Supply of Inventory
4.9
4.6
- 6.1 %
––
––
––
Condo
January
Year to Date
Key Metrics
2023
2024
% Change
Thru 1-2023
Thru 1-2024
% Change
New Listings
8
10
+ 25.0 %
8
10
+ 25.0 %
Total Sales
1
7
+ 600.0 %
1
7
+ 600.0 %
Days on Market Until Sale
102
44
- 56.9 %
102
44
- 56.9 %
Median Closed Price *
$ 390,000
$ 322,998
- 17.2 %
$ 390,000
$ 322,998
- 17.2 %
Average Closed Price *
$ 390,000
$ 321,356
- 17.6 %
$ 390,000
$ 321,356
- 17.6 %
Percent of List Price Received *
98.0 %
96.8 %
- 1.2 %
98.0 %
96.8 %
- 1.2 %
Inventory of Homes for Sale
18
17
- 5.6 %
––
––
––
Months Supply of Inventory
4.6
3.0
- 34.8 %
––
––
––
* 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 Immokalee / Ave Maria
Median Closed Price - Condo
Rolling 12-Month Calculation
$ 600,000
Overall Naples Market Immokalee / Ave Maria
$ 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 February 10 , 2024 . All data from Southwest Florida MLS . Report © 2024 ShowingTime . | 22