Is Naples, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Naples was a Seller's Market.
Housing Prices in Naples, FL
How much do homes in Naples, FL cost?
Median Sold Price
$634,841
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Naples was $634,841 in April 2024, up 1.6% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281K | $263.5K | -6.2% |
2 Bedrooms | $445K | $450K | +1.1% |
3 Bedrooms | $685.5K | $698.3K | +1.9% |
4 Bedrooms | $1.2M | $1.0M | -8.3% |
5+ Bedrooms | $1.4M | $1.7M | +18.9% |
Summary: Naples housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in Naples, FL
How many homes are available in Naples, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6,541 | 6,574 | +0.5% |
Summary: The Naples real estate market had 6,574 homes for sale in April 2024, a 0.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 106 | 103 | -2.8% |
2 Bedrooms | 2,224 | 2,278 | +2.4% |
3 Bedrooms | 2,837 | 2,795 | -1.5% |
4 Bedrooms | 974 | 1,002 | +2.9% |
5+ Bedrooms | 400 | 396 | -1.0% |
Summary: The Naples housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
848 | 882 | +4.0% |
Asking Price vs. Sold Price
713 Homes Were Sold
Under Asking
121 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 882 homes were sold or pending in Naples in April 2024, up by 4.0% month-over-month. Of the 882 sold homes, 81% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for Naples, FL
How long does it take to sell a home in Naples, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 66 Days | +29.1% |
Summary: Homes in Naples had an average of 66 days on market in Apr 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
375 Homes Were Sold
Under 30 Days
283 Homes Were Sold
In 30 - 90 Days
224 Homes Were Sold
Over 90 Days
Summary: During April 2024, 882 homes were sold in Naples; 43% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.