Naples Area Market Report Naples Area Market Report | Page 4

Single Family Market Overview

Key metrics by report month and for year-to-date ( YTD ) starting from the first of the year . Single Family properties only .
Key Metrics Historical Sparkbars 2-2023 2-2024 % Change YTD 2023 YTD 2024 % Change
New Listings 671 792 + 18.0 % 1,377 1,655 + 20.2 %
2-2022 8-2022 2-2023 8-2023 2-2024
Total Sales 373 315 - 15.5 % 657 561 - 14.6 %
2-2022 8-2022 2-2023 8-2023 2-2024
Days on Market Until Sale 63 65 + 3.2 % 61 66 + 8.2 %
2-2022 8-2022 2-2023 8-2023 2-2024
Median Closed Price $ 720,000 $ 834,000 + 15.8 % $ 715,000 $ 789,900 + 10.5 %
2-2022 8-2022 2-2023 8-2023 2-2024
Average Closed Price $ 1,355,408 $ 1,420,649 + 4.8 % $ 1,445,218 $ 1,427,962 - 1.2 %
2-2022 8-2022 2-2023 8-2023 2-2024
Percent of List Price Received 95.4 % 95.8 % + 0.4 % 95.4 % 95.7 % + 0.3 %
2-2022 8-2022 2-2023 8-2023 2-2024
Pending Listings 591 586 - 0.8 % 1,158 1,073 - 7.3 %
2-2022 8-2022 2-2023 8-2023 2-2024
Inventory of Homes for Sale 1,805 2,525 + 39.9 % –– –– ––
2-2022 8-2022 2-2023 8-2023 2-2024
Months Supply of Inventory 4.5 6.9 + 53.3 % –– –– ––
2-2022 8-2022 2-2023 8-2023 2-2024
Current as of March 10 , 2024 . All data from Southwest Florida MLS . Report © 2024 ShowingTime . | 3