Year End Naples Market Statistics

Naples real estate market showed strength and resilience in 2017.

Overall pending sales increased by 2% from 2016 to 2017, bringing the total to 9,121.

While the overall inventory decreased by 8%, total closed sales increased by 4%, seeing a 2% increase in single family homes, and a 5% increase in condominiums.

The average days on the market saw a significant 17% increase from 2016 to 2017. The median closing price was $330,000, a 3% increase from a year ago.

A Summary

  • Annual Pending Sales increased 2% in 2017 from 2016
  • Annual Closed Sales increased 4% in 2017 from 2016
  • Annual Median Closed Price increased 3% in 2017 from 2016
  • Annual Inventory decreased 8% in 2017 from 2016
  • Annual Average DOM increased 17% in 2017 from 2016

 

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