Naples Area Market Report Naples Area Market Report | Page 8

Overall Median Closed Price

Point at which half of the sales sold for more and half sold for less , not accounting for seller concessions , in a given month .
February
$ 655,500
$ 720,000
$ 834,000
+ 24.4 % + 9.8 % + 15.8 % 2022 2023 2024 Single Family
$ 425,000
$ 491,500 $ 502,000
+ 41.7 % + 15.6 % + 2.1 % 2022
2023 2024 Condo
Year to Date
$ 670,000
Overall Median Closed Price by Month
$ 1,000,000
$ 789,900
$ 715 , 000
+ 26.4 % + 6.7 % + 10.5 % 2022 2023 2024 Single Family
$ 425,000
$ 488,500 $ 495,000
+ 42.2 % + 14.9 % + 1.3 % 2022
2023 2024 Condo
Median Closed Price
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Mar-2023 $ 728,500 - 1.6 % $ 490,000 + 5.4 %
Apr-2023 $ 820,000 + 2.5 % $ 525,000 + 14.1 % May-2023 $ 745,000 - 6.9 % $ 482,500 - 0.5 % Jun-2023 $ 752,500 + 0.5 % $ 481,250 - 1.8 % Jul-2023 $ 735,000 + 1.4 % $ 460,000 + 7.2 % Aug-2023 $ 699,450 - 2.3 % $ 485,000 + 7.7 % Sep-2023 $ 745,693 + 8.9 % $ 470,000 + 6.0 % Oct-2023 $ 705,000 - 7.1 % $ 446,000 + 1.6 % Nov-2023 $ 725,000 - 9.6 % $ 465,000 + 3.3 % Dec-2023 $ 750,000 + 2.7 % $ 520,000 + 13.2 % Jan-2024 $ 752,500 + 5.2 % $ 477,000 - 1.1 % Feb-2024 $ 834,000 + 15.8 % $ 502,000 + 2.1 % 12-Month Avg * $ 745,000 - 0.7 % $ 485,000 + 4.3 %
* Median Closed Price for all properties from March 2023 through February 2024 . This is not the average of the individual figures above .
Single Family Condo
$ 800,000
$ 600,000
$ 400,000
$ 200,000
$ 0 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023 1-2024
Current as of March 10 , 2024 . All data from Southwest Florida MLS . Report © 2024 ShowingTime . | 7