$8,906 Closing Credit*
$750,000
1,582 SqFt
2 Beds
•2 Full Baths
Chris Lecca, PA, Listing Office: William Raveis Real Estate
Is Naples, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Naples was a Seller's Market.
Key Takeaway
Naples is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Naples, FL
How much do homes in Naples, FL cost?
Median Sold Price
$637,378
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$17,504(+2.8%)
Key Takeaway
Homes in Naples have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Naples was $637,378 in August 2024, up 2.8% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243K | $273.7K | +12.7% |
| 2 Bedrooms | $434.7K | $450.2K | +3.6% |
| 3 Bedrooms | $677.4K | $687K | +1.4% |
| 4 Bedrooms | $1.1M | $1.1M | -1.3% |
| 5+ Bedrooms | $1.5M | $1.7M | +8.0% |
Summary: Naples housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 8%.
Housing Supply in Naples, FL
How many homes are available in Naples, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4,752 | 4,807 | +1.2% |
Summary: The Naples real estate market had 4,807 homes for sale in August 2024, a 1.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 75 | 85 | +13.3% |
| 2 Bedrooms | 1,529 | 1,538 | +0.6% |
| 3 Bedrooms | 2,090 | 2,101 | 0.5% |
| 4 Bedrooms | 762 | 780 | +2.4% |
| 5+ Bedrooms | 296 | 303 | +2.4% |
Summary: The Naples housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 568 | 451 | -20.6% |
Asking Price vs. Sold Price
386 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Naples, you may be able to get a good deal. 85.6% of homes here sold below asking price last month.
Summary: A total of 451 homes were sold or pending in Naples in August 2024, down by 20.6% month-over-month. Of the 451 sold homes, 86% were sold under asking, 10% were sold at asking, and 4% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 54 Days | 79 Days | +46.6% |
Summary: Homes in Naples had an average of 79 days on market in Aug 2024, up by 46.6% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
172 Homes Were Sold
In 30 - 90 Days
143 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Naples has remained consistent over time.
Summary: During August 2024, 451 homes were sold in Naples; 30% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 32% 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.