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Naples Real Estate Market Report: Closed Sales Analysis & Property Breakdown

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Naples Real Estate Market Report: Closed Sales Analysis & Property Breakdown

The Greater Naples real estate market logged 232 total closed transactions representing $290,118,754 in overall sales volume. The overall median sale price reached $584,500, with properties spending a median of 68 days on market before contracting. Across all residential categories, buyers achieved a median sale-to-list price ratio of 95.85%.

Single-Family Sector Breakdown Single-family detached homes commanded 83% of total market volume ($240.78M) across 144 transactions. Strong demand drove a low median days on market of 45.5 days, with sellers capturing a median of 96.70% of list price. The highest single-family transaction occurred in Port Royal at $36,000,000.

Condominium & Villa Sector Breakdown The condominium and attached villa sector recorded 88 completed sales totaling $49.34M in volume. Condominiums spent a median of 79.5 days on market, with buyers securing a median discount of 5.63% off asking price (94.37% sale-to-list ratio). The top condo sale reached $3,450,000 at Stella Naples in Downtown Olde Naples.

Strategic Guidance for Buyers & Sellers

  • For Buyers: Single-family inventory is moving briskly, while the condo sector offers more extended deliberation periods and larger price adjustments during negotiations.
  • For Sellers: Properties priced aligned with recent neighborhood comparables contract in under 45 days, whereas over-leveraged initial prices face prolonged market exposure.