“Price Climb Slows as Inventory Heats Up for Summer”

Naples, Fla. (June 28, 2024) –  As competition grows in the Naples housing market ­– overall inventory increased 67.1 percent in May to 5,019 properties from 3,004 properties in May 2023 – monthly closed sales for the month decreased 12.2 percent to 907 closed sales from 1,033 closed sales in May 2023. Broker analysts reviewing the May 2024 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are closely monitoring the number of monthly price decreases to see whether it could turn the tide and improve sales this summer. One thing was certain in the May Market Report: summer buyers will have many more options than winter buyers.

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2800 Gulf Shore Blvd N 100, NAPLES

$550,000

↓ $25,000

2800 Gulf Shore Blvd N 100, NAPLES

1 Bed 1 Bath 815 SqFt Residential MLS® # 2026003224

RE/MAX Realty GroupNaples Area Board of Realtors Logo

45 San Remo Cir, NAPLES

$309,900

↓ $15,000

45 San Remo Cir, NAPLES

2 Beds 2 Baths 1,438 SqFt Residential MLS® # 226002850

VIP Realty Group, Inc.Naples Area Board of Realtors Logo

3500 Gulf Shore Blvd N 406, NAPLES

$997,000

↓ $50,000

3500 Gulf Shore Blvd N 406, NAPLES

2 Beds 2 Baths 1,444 SqFt Residential MLS® # 226002267

Douglas Elliman Florida, LLCNaples Area Board of Realtors Logo

742 Hadley Pl W, NAPLES

$525,000

742 Hadley Pl W, NAPLES

4 Beds 2 Baths 1,846 SqFt Residential MLS® # 226002703

Xclusive Homes LLCNaples Area Board of Realtors Logo

2350 Hidden Lake Ct 8513, NAPLES

$339,999

↓ $5,000

2350 Hidden Lake Ct 8513, NAPLES

3 Beds 2 Baths 1,573 SqFt Residential MLS® # 226001218

Pollard & Hedrich Realty, Inc.Naples Area Board of Realtors Logo

1380 Sweetwater Cv 102, NAPLES

$279,900

↓ $20,000

1380 Sweetwater Cv 102, NAPLES

2 Beds 2 Baths 1,279 SqFt Residential MLS® # 226002458

DomainRealty.com LLCNaples Area Board of Realtors Logo

4951 Gulf Shore Blvd N 103, NAPLES

$8,995,000

↑ $200,000

4951 Gulf Shore Blvd N 103, NAPLES

4 Beds 4 Baths 4,000 SqFt Residential MLS® # 226002746

Douglas Elliman Florida,LLCNaples Area Board of Realtors Logo

1511 Oceania Dr S, NAPLES

$495,000

↓ $10,000

1511 Oceania Dr S, NAPLES

2 Beds 2 Baths 1,731 SqFt Residential MLS® # 226001394

Compass Florida LLCNaples Area Board of Realtors Logo

30 3rd Ave S, NAPLES

$29,500,000

↓ $2,500,000

30 3rd Ave S, NAPLES

6 Beds 6 Baths 5,699 SqFt Residential MLS® # 226001239

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

8477 Bay Colony Dr 902, NAPLES

$10,250,000

↓ $745,000

8477 Bay Colony Dr 902, NAPLES

4 Beds 5 Baths 6,085 SqFt Residential MLS® # 226002482

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

7915 Mahogany Run Ln 1114, NAPLES

$489,000

↓ $36,000

7915 Mahogany Run Ln 1114, NAPLES

2 Beds 2 Baths 1,389 SqFt Residential MLS® # 226002537

John R Wood PropertiesNaples Area Board of Realtors Logo

525 Weber Blvd N, NAPLES

$849,900

↓ $148,100

525 Weber Blvd N, NAPLES

3 Beds 2 Baths 1,925 SqFt Residential MLS® # 226001690

KW Elevate LuxuryNaples Area Board of Realtors Logo

2031 Pine Isle Ln 2031, NAPLES

$299,989

↓ $9,991

2031 Pine Isle Ln 2031, NAPLES

2 Beds 2 Baths 927 SqFt Residential MLS® # 226001842

Berkshire Hathaway FL RealtyNaples Area Board of Realtors Logo

1514 Diamond Lake Cir, NAPLES

$309,900

1514 Diamond Lake Cir, NAPLES

2 Beds 2 Baths 960 SqFt Residential MLS® # 226001761

Premiere Plus Realty CompanyNaples Area Board of Realtors Logo

390 35th Ave Ne, NAPLES

$543,000

↓ $1,000

390 35th Ave Ne, NAPLES

4 Beds 2 Baths 1,440 SqFt Residential MLS® # 226002648

Century 21 AllPoints RealtyNaples Area Board of Realtors Logo

355 Bay Forest Dr 3a, NAPLES

$345,000

↑ $20,000

355 Bay Forest Dr 3a, NAPLES

2 Beds 2 Baths 1,350 SqFt Residential MLS® # 225082368

Compass Florida LLCNaples Area Board of Realtors Logo

4001 Gulf Shore Blvd N 1205, NAPLES

$1,275,000

↓ $75,000

4001 Gulf Shore Blvd N 1205, NAPLES

2 Beds 2 Baths 1,271 SqFt Residential MLS® # 226002306

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

2847 Aintree Ln A104, NAPLES

$477,000

↓ $21,000

2847 Aintree Ln A104, NAPLES

2 Beds 2 Baths 1,754 SqFt Residential MLS® # 225084131

John R Wood PropertiesNaples Area Board of Realtors Logo

310 Carnaby Ct, NAPLES

$350,000

↓ $25,000

310 Carnaby Ct, NAPLES

2 Beds 2 Baths 1,388 SqFt Residential MLS® # 225079026

Sun Rentals & Property MgtNaples Area Board of Realtors Logo

447 Egret Ave, NAPLES

$3,900,000

447 Egret Ave, NAPLES

4 Beds 5 Baths 3,691 SqFt Residential MLS® # 225076143

Coldwell Banker RealtyNaples Area Board of Realtors Logo

13945 Old Coast Rd 806, NAPLES

$3,950,000

↓ $150,000

13945 Old Coast Rd 806, NAPLES

4 Beds 4 Baths 3,238 SqFt Residential MLS® # 226001969

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

4106 3rd Ave Sw, NAPLES

$1,399,000

4106 3rd Ave Sw, NAPLES

3 Beds 2 Baths 2,491 SqFt Residential MLS® # 225082135

Waterfront Realty Group IncNaples Area Board of Realtors Logo

1830 Bald Eagle Dr 431a, NAPLES

$259,000

↓ $10,000

1830 Bald Eagle Dr 431a, NAPLES

2 Beds 2 Baths 1,208 SqFt Residential MLS® # 226002039

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

745 Regency Reserve Cir 5202, NAPLES

$595,000

↓ $32,000

745 Regency Reserve Cir 5202, NAPLES

2 Beds 2 Baths 2,058 SqFt Residential MLS® # 226002279

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

3990 Loblolly Bay Dr 7-402, NAPLES

$279,900

↓ $10,000

3990 Loblolly Bay Dr 7-402, NAPLES

2 Beds 2 Baths 1,170 SqFt Residential MLS® # 226001943

EXP Realty LLCNaples Area Board of Realtors Logo

265 Indies Way 802, NAPLES

$2,095,000

↓ $155,000

265 Indies Way 802, NAPLES

3 Beds 3 Baths 2,798 SqFt Residential MLS® # 226001931

William Raveis Real EstateNaples Area Board of Realtors Logo

6849 Grenadier Blvd 2203, NAPLES

$1,285,000

6849 Grenadier Blvd 2203, NAPLES

2 Beds 2 Baths 1,470 SqFt Residential MLS® # 226002440

DomainRealty.com LLCNaples Area Board of Realtors Logo

3880 62nd Ave Ne, NAPLES

$1,099,000

↓ $35,999

3880 62nd Ave Ne, NAPLES

6 Beds 4 Baths 4,181 SqFt Residential MLS® # 226001930

KW Elevate LuxuryNaples Area Board of Realtors Logo

763 35th Ave Nw, NAPLES

$865,000

↓ $25,000

763 35th Ave Nw, NAPLES

4 Beds 3 Baths 2,304 SqFt Residential MLS® # 226002375

eXp Realty LLCNaples Area Board of Realtors Logo

451 Bayfront Pl 5410, NAPLES

$1,630,000

↓ $45,000

451 Bayfront Pl 5410, NAPLES

3 Beds 3 Baths 1,822 SqFt Residential MLS® # 226001963

Premier Sotheby's Int'l RealtyNaples Area Board of Realtors Logo

 

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