“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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600 Neapolitan Way 257, NAPLES

$399,000

↓ $21,000

600 Neapolitan Way 257, NAPLES

2 Beds 2 Baths 864 SqFt Residential MLS® # 225081515

Coldwell Banker RealtyNaples Area Board of Realtors Logo

7360 Glenmoor Ln 4306, NAPLES

$229,000

↓ $10,000

7360 Glenmoor Ln 4306, NAPLES

2 Beds 2 Baths 1,053 SqFt Residential MLS® # 225081377

RE/MAX Hallmark RealtyNaples Area Board of Realtors Logo

N/A, NAPLES

$300,000

↓ $20,000

N/A, NAPLES

3 Beds 2 Baths 1,547 SqFt Residential MLS® # 225081253

Coastal Signature Real EstateNaples Area Board of Realtors Logo

4251 Gulf Shore Blvd N 5b, NAPLES

$1,845,000

↓ $30,000

4251 Gulf Shore Blvd N 5b, NAPLES

2 Beds 3 Baths 2,441 SqFt Residential MLS® # 225081103

LuxRe, LLCNaples Area Board of Realtors Logo

141 20th Ave Nw, NAPLES

$735,000

↓ $34,000

141 20th Ave Nw, NAPLES

3 Beds 2 Baths 1,803 SqFt Residential MLS® # 225081245

Coldwell Banker RealtyNaples Area Board of Realtors Logo

605 8th Ave S 605, NAPLES

$1,495,000

↓ $100,000

605 8th Ave S 605, NAPLES

2 Beds 3 Baths 1,704 SqFt Residential MLS® # 225081350

Realty World Top Producers RltNaples Area Board of Realtors Logo

320 14th Ave S 320c, NAPLES

$899,000

↓ $100,000

320 14th Ave S 320c, NAPLES

2 Beds 2 Baths 1,090 SqFt Residential MLS® # 2025022206

Gordon Pass Realty LLCNaples Area Board of Realtors Logo

3144 Sundance Cir, NAPLES

$755,000

↓ $12,000

3144 Sundance Cir, NAPLES

3 Beds 3 Baths 2,376 SqFt Residential MLS® # 225081044

Liberty Realty Group LLCNaples Area Board of Realtors Logo

803 104th Ave N, NAPLES

$850,000

↓ $25,000

803 104th Ave N, NAPLES

4 Beds 3 Baths 1,974 SqFt Residential MLS® # 225081274

Diversified Real Estate GroupNaples Area Board of Realtors Logo

745 12th Ave S 103, NAPLES

$6,450,000

745 12th Ave S 103, NAPLES

3 Beds 5 Baths 4,856 SqFt Residential MLS® # 225081202

Douglas Elliman Florida,LLCNaples Area Board of Realtors Logo

216 Spring Line Dr, NAPLES

$7,995,000

216 Spring Line Dr, NAPLES

4 Beds 4 Baths 4,638 SqFt Residential MLS® # 225080881

William Raveis Real EstateNaples Area Board of Realtors Logo

4005 Gulf Shore Blvd N 1104, NAPLES

$999,900

4005 Gulf Shore Blvd N 1104, NAPLES

2 Beds 2 Baths 1,271 SqFt Residential MLS® # 225081117

John R Wood PropertiesNaples Area Board of Realtors Logo

5895 Chanteclair Dr 118, NAPLES

$795,000

↓ $80,000

5895 Chanteclair Dr 118, NAPLES

3 Beds 2 Baths 1,646 SqFt Residential MLS® # 225080810

Downing Frye Realty Inc.Naples Area Board of Realtors Logo

3060 Woodside Ave, NAPLES

$1,245,000

↓ $45,000

3060 Woodside Ave, NAPLES

3 Beds 3 Baths 2,112 SqFt Residential MLS® # 225081037

Coldwell Banker RealtyNaples Area Board of Realtors Logo

816 Gulf Pavilion Dr 102, NAPLES

$398,000

↓ $31,000

816 Gulf Pavilion Dr 102, NAPLES

2 Beds 2 Baths 1,179 SqFt Residential MLS® # 225079487

Coldwell Banker RealtyNaples Area Board of Realtors Logo

445 Cove Tower Dr 704, NAPLES

$1,189,000

445 Cove Tower Dr 704, NAPLES

3 Beds 3 Baths 2,379 SqFt Residential MLS® # 225080894

Downing Frye Realty Inc.Naples Area Board of Realtors Logo

3200 Gulf Shore Blvd N 204, NAPLES

$649,000

↓ $50,000

3200 Gulf Shore Blvd N 204, NAPLES

2 Beds 2 Baths 1,116 SqFt Residential MLS® # 225074547

Stiles Sowers & AssociatesNaples Area Board of Realtors Logo

4936 Tamiami Trail E Trl 306, NAPLES

$1,580,000

↑ $30,000

4936 Tamiami Trail E Trl 306, NAPLES

2 Beds 3 Baths 2,282 SqFt Residential MLS® # 225080701

Compass Florida LLCNaples Area Board of Realtors Logo

1453 Diamond Lake Cir, NAPLES

$239,000

↓ $10,000

1453 Diamond Lake Cir, NAPLES

2 Beds 1 Bath 828 SqFt Residential MLS® # 225080852

Silver Lakes Realty, IncNaples Area Board of Realtors Logo

491 9th St Sw, NAPLES

$1,250,000

↓ $50,000

491 9th St Sw, NAPLES

4 Beds 3 Baths 2,621 SqFt Residential MLS® # 225076683

Gramercy Vale Real EstateNaples Area Board of Realtors Logo

9535 Caymas Way N, NAPLES

$2,574,930

↑ $100,000

9535 Caymas Way N, NAPLES

4 Beds 5 Baths 3,136 SqFt Residential MLS® # 225079711

Stock Realty, LLCNaples Area Board of Realtors Logo

2220 Chesterbrook Ct 6-202, NAPLES

$459,000

↓ $16,000

2220 Chesterbrook Ct 6-202, NAPLES

2 Beds 2 Baths 1,433 SqFt Residential MLS® # 225080442

William Raveis Real EstateNaples Area Board of Realtors Logo

3990 Loblolly Bay Dr 7-205, NAPLES

$315,000

↓ $24,900

3990 Loblolly Bay Dr 7-205, NAPLES

2 Beds 2 Baths 1,332 SqFt Residential MLS® # 225080250

EXP Realty LLCNaples Area Board of Realtors Logo

7515 Pelican Bay Blvd 9c, NAPLES

$2,649,000

↓ $101,000

7515 Pelican Bay Blvd 9c, NAPLES

2 Beds 3 Baths 2,417 SqFt Residential MLS® # 225080084

John R Wood PropertiesNaples Area Board of Realtors Logo

556 Eagle Creek Dr, NAPLES

$3,299,000

556 Eagle Creek Dr, NAPLES

6 Beds 9 Baths 5,801 SqFt Residential MLS® # 225074016

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

893 Manatee Rd, NAPLES

$140,000

↓ $25,000

893 Manatee Rd, NAPLES

2 Beds 1 Bath 552 SqFt Residential MLS® # 225080503

KW Elevate LuxuryNaples Area Board of Realtors Logo

2272 Oakes Blvd, NAPLES

$5,745,000

↓ $250,000

2272 Oakes Blvd, NAPLES

6 Beds 7 Baths 5,411 SqFt Residential MLS® # 225079573

The Agency NaplesNaples Area Board of Realtors Logo

4536 Court Way 19d, NAPLES

$460,000

↓ $15,000

4536 Court Way 19d, NAPLES

3 Beds 3 Baths 1,660 SqFt Residential MLS® # 225080140

Premiere Plus Realty CompanyNaples Area Board of Realtors Logo

5733 Cove Cir, NAPLES

$440,000

↓ $9,500

5733 Cove Cir, NAPLES

3 Beds 3 Baths 1,611 SqFt Residential MLS® # 225080013

Realty One Group MVPNaples Area Board of Realtors Logo

2169 Clementine St, NAPLES

$549,900

2169 Clementine St, NAPLES

5 Beds 3 Baths 2,529 SqFt Residential MLS® # 2025016497

Marzucco Real EstateNaples Area Board of Realtors Logo

 

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