Is Collier County, 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, Collier County was a Seller's Market.
Housing Prices in Collier County, FL
How much do homes in Collier County, FL cost?
Median Sold Price
$648,676
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Collier County was $648,676 in April 2024, up 8.1% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299.5K | $340K | +13.5% |
2 Bedrooms | $439.6K | $462.8K | +5.3% |
3 Bedrooms | $658.8K | $717.9K | +9.0% |
4 Bedrooms | $1.0M | $1.1M | +13.7% |
5+ Bedrooms | $1.2M | $1.6M | +36.6% |
Summary: Collier County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 36.6%.
Median Sold Price Compared To Nearby Counties
Miami-Dade County | $484.9K | $530.9K | +9.5% |
Collier County | $600K | $648.6K | +8.1% |
Broward County | $398.9K | $429.3K | +7.6% |
Hendry County | $291.5K | $312.3K | +7.1% |
Lee County | $384.9K | $397.7K | +3.3% |
Housing Supply in Collier County, FL
How many homes are available in Collier County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7,584 | 7,642 | +0.8% |
Summary: The Collier County real estate market had 7,642 homes for sale in April 2024, a 0.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 176 | 179 | +1.7% |
2 Bedrooms | 2,584 | 2,649 | +2.5% |
3 Bedrooms | 3,227 | 3,187 | -1.2% |
4 Bedrooms | 1,131 | 1,166 | +3.1% |
5+ Bedrooms | 466 | 461 | -1.1% |
Summary: The Collier County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 1.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
962 | 1,002 | +4.2% |
Asking Price vs. Sold Price
818 Homes Were Sold
Under Asking
134 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 1,002 homes were sold or pending in Collier County in April 2024, up by 4.2% month-over-month. Of the 1,002 sold homes, 82% were sold under asking, 13% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 67 Days | +23.9% |
Summary: Homes in Collier County had an average of 67 days on market in Apr 2024, up by 23.9% compared to last year.
Breakdown of Home Sale Times
413 Homes Were Sold
Under 30 Days
328 Homes Were Sold
In 30 - 90 Days
261 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1002 homes were sold in Collier County; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.