NAPLES FLORIDA
LUXURY INVENTORY VS. SALES | NOVEMBER 2024
Buyer's Market
Inventory Sales
$20,000,000+
$15,000,000 - $19,999,999
$10,000,000 - $14,999,999
$9,000,000 - $9,999,999
$8,000,000 - $8,999,999
$7,000,000 - $7,999,999
$6,000,000 - $6,999,999
$5,000,000 - $5,999,999
$4,000,000 - $4,999,999
$3,500,000 - $3,999,999
$3,000,000 - $3,499,999
$2,800,000 - $2,999,999
$2,600,000 - $2,799,999
$2,500,000 - $2,599,999
$2,400,000 - $2,499,999
13 - MONTH LUXURY MARKET TREND 4
MEDIAN DATA REVIEW | NOVEMBER
$3.35m $5.99m SALES PRICE VARIANCE: 426 % 19 100 DAYS ON MARKET VARIANCE: - 1 % 96.10% 94.73% SALE TO LIST PRICE RATIO VARIANCE: 24 % $995 $1,232 SALE PRICE PER SQFT.
NAPLES MARKET SUMMARY | NOVEMBER 2024
• The single-family luxury market is a Buyer's Market with a 4% Sales Ratio.
• Homes sold for a median of 94.73% of list price in November 2024.
• The most active price band is $2,600,000-$2,799,999, where the sales ratio is 14%
• The median luxury sales price for single-family homes is $5,987,500.
• The median days on market for November 2024 was 100 days, up from 19 in November 2023.
3Square foot table does not account for listings and solds where square foot data is not disclosed.
Data reported includes Active and Sold properties and does not include Pending properties.
Benchmark Price 1: $1,275,000
LUXURY INVENTORY VS. SALES | NOVEMBER 2024
Buyer's Market
$4,600,000
$4,100,000
$1,700,000
$1,600,000
Luxury Benchmark Price 1: $1,275,000
13 - MONTH LUXURY MARKET TREND 4
Median Sales Price Inventory
Solds
MEDIAN DATA REVIEW | NOVEMBER
TOTAL INVENTORY TOTAL SOLDS
• The attached luxury market is a Buyer's Market with a 3% Sales Ratio.
• Homes sold for a median of 96.86% of list price in November 2024.
• The most active price band is $1,600,000-$1,699,999, where the sales ratio is 12%
• The median luxury sales price for attached homes is $2,475,000.
• The median days on market for November 2024 was 73 days, up from 54 in November 2023.