NAPLES FLORIDA
LUXURY INVENTORY VS. SALES | AUGUST 2024
Buyer's Market Total
$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 | AUGUST
VARIANCE: 29 % 358 463 Aug. 2023 Aug. 2024 TOTAL INVENTORY
VARIANCE: 21 % $954 $1,156 SALE PRICE PER SQFT.
- 30 % 37 26 TOTAL SOLDS VARIANCE: 0 % $3.65m $3.66m SALES PRICE
71 89 DAYS ON MARKET VARIANCE: 0 % 93.75% 93.49% SALE TO LIST PRICE RATIO
VARIANCE: 25 %
NAPLES MARKET SUMMARY | AUGUST 2024
• The single-family luxury market is a Buyer's Market with a 6% Sales Ratio.
• Homes sold for a median of 93.49% of list price in August 2024.
• The most active price band is $2,400,000-$2,499,999, where the sales ratio is 17%
• The median luxury sales price for single-family homes is $3,656,663.
• The median days on market for August 2024 was 89 days, up from 71 in August 2023.
3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties.
$4,100,000
LUXURY INVENTORY VS. SALES | AUGUST 2024
Buyer's Market
$1,700,000
$1,600,000
$1,500,000
Luxury Benchmark Price 1: $1,275,000
13 - MONTH LUXURY MARKET TREND
Median Sales Price Inventory
Solds
4
MEDIAN DATA REVIEW | AUGUST
TOTAL INVENTORY TOTAL SOLDS
• The attached luxury market is a Buyer's Market with a 11% Sales Ratio.
• Homes sold for a median of 95.61% of list price in August 2024.
• The most active price band is $2,000,000-$2,099,999, where the sales ratio is 60%
• The median luxury sales price for attached homes is $2,250,000.
• The median days on market for August 2024 was 87 days, up from 38 in August 2023.