Is Collier County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Collier County was a Neutral Market.
Key Takeaway
Collier County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Collier County, FL
How much do homes in Collier County, FL cost?
Median Sold Price
$645,891
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Collier County have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in Collier County was $645,891 in March 2024, up 21.3% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $345K | +23.2% |
| 2 Bedrooms | $408.6K | $458.8K | +12.3% |
| 3 Bedrooms | $593.2K | $712.6K | +20.1% |
| 4 Bedrooms | $830K | $1.1M | +39.8% |
| 5+ Bedrooms | $1.1M | $1.6M | +39.1% |
Summary: Collier County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.2%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes increased by 39.1%.
Median Sold Price Compared To Nearby Counties
| Collier County | $532.6K | $645.8K | +21.3% |
| Miami-Dade County | $482.6K | $528.1K | +9.4% |
| Broward County | $395.1K | $427.4K | +8.2% |
| Hendry County | $288.4K | $310K | +7.5% |
| Lee County | $381.4K | $397K | +4.1% |
Housing Supply in Collier County, FL
How many homes are available in Collier County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7,209 | 7,726 | +7.2% |
Summary: The Collier County real estate market had 7,726 homes for sale in March 2024, a 7.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 176 | 187 | +6.3% |
| 2 Bedrooms | 2,432 | 2,642 | +8.6% |
| 3 Bedrooms | 3,048 | 3,243 | +6.4% |
| 4 Bedrooms | 1,097 | 1,160 | +5.7% |
| 5+ Bedrooms | 456 | 494 | +8.3% |
Summary: The Collier County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 701 | 904 | +29.0% |
Asking Price vs. Sold Price
754 Homes Were Sold
Under Asking
101 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collier County, you may be able to get a good deal. 83.4% of homes here sold below asking price last month.
Summary: A total of 904 homes were sold or pending in Collier County in March 2024, up by 29.0% month-over-month. Of the 904 sold homes, 83% were sold under asking, 11% were sold at asking, and 5% were sold over asking.
Days on Market for Collier County, FL
How long does it take to sell a home in Collier County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 69 Days | +29.8% |
Summary: Homes in Collier County had an average of 69 days on market in Mar 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
367 Homes Were Sold
Under 30 Days
270 Homes Were Sold
In 30 - 90 Days
267 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collier County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 904 homes were sold in Collier County; 41% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.