NAPLES & BONITA SPRINGS
LUXURY PROPERTIES MARKET REPORT
FEBRUARY 2025
NAPLES & BONITA SPRINGS
Single-Family Properties
CLOSED SALES
• The number of closed sales in the 12 months ending February 28th, 2025 for the Naples and Bonita Springs Area decreased 7% year-over-year (5,823 vs 6,293).
• There were 70 closed sales priced above two million in February 2025 compared to 56 in February 2024; a 25% increase. During the 12 months ending February 28th, 2025, sales in this category increased 2% over the same time period in 2024 (722 vs 706 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending February 28th, 2025, a total of 10,833 new listings were added to the market, this is a 11% increase vs the same time period 12 months ending February 29th, 2024.
• Available inventory as of February 28th, 2025 consisted of 4,131 units, an increase of 25% vs the same time period in 2024. Current inventory represents 9 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $1,252,503, a 9% increase vs the same time period in 2024.
• The median sales price for the area in February 2025 increased 2% to $753,500 vs February 2024.
NAPLES & BONITA SPRINGS
Condominiums
CLOSED SALES
• The number of closed sales in the 12 months ending February 28th, 2025 for the Naples and Bonita Springs Area decreased 11% year-over-year (4,131 vs 4,663).
• There were 28 closed sales priced above two million in February 2025 compared to 26 in February 2024; an 8% increase. During the 12 months ending February 28th, 2025, sales in this category increased 24% over the same time period in 2024 (440 vs 356 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending February 28th, 2025, a total of 8,555 new listings were added to the market, a 13% increase vs the same time period 12 months ending February 29th, 2024.
• Available inventory as of February 28th, 2025 consisted of 4,879 units, an increase of 31% vs the same time period in 2024. Current inventory represents 14 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $827,209, a 4% increase vs the same time period in 2024.
• The median sales price for the area in February 2025 decreased 1% to $465,000 vs February 2024.
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PORT ROYAL to BONITA BEACH ROAD AREA
Single-Family Properties
LUXURY MARKET $1M+ (WEST OF 41)
CLOSED SALES
• The number of closed sales in the 12 months ending February 28th, 2025 for the luxury market from Port Royal to Bonita Beach Road Area increased 5% year-overyear (321 vs 307).
NEW LISTINGS / INVENTORY
• During the 12 months ending February 28th, 2025, a total of 933 new listings were added to the market, an increase of 18% compared to the same time period 12 months ending February 29th, 2024.
• Available inventory as of February 28th, 2025 consisted of 690 units, a 26% increase vs the same time period in 2024 (690 vs 546). Current inventory represents 26 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $5,695,866 an increase of 33% vs the same time period in 2024.
• The median sales price for the area in February 2025 decreased 5% to $4,281,534 vs February 2024.
PORT ROYAL to BONITA BEACH ROAD AREA
Condominiums
LUXURY MARKET $1M+ (WEST OF 41)
CLOSED SALES
• The number of closed sales in the 12 months ending February 28th, 2025 for the luxury market from Port Royal to Bonita Beach Road Area increased 17% yearover-year (604 vs 515).
NEW LISTINGS / INVENTORY
• During the 12 months ending February 28th, 2025, a total of 1,261 new listings were added to the market, an increase of 20% vs the same time period 12 months ending February 29th, 2024.
• Available inventory as of February 28th, 2025 consisted of 1,261 units, a 20% increase vs the same time period in 2024 (1,261 vs 1,051). Current inventory represents 25 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $2,803,168 increasing 13% vs the same time period in 2024.
• The median sales price for the area in February 2025 increased 5% to $2,097,500 vs February 2024.
NAPLES & BONITA SPRINGS
Single-Family Properties
YEAR-OVER-YEAR MARKET TRENDS
Condominium Properties
PORT ROYAL to BONITA BEACH ROAD AREA
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• #1 Luxury Broker in the World2
• Winner Best Luxury Real Estate Brokerage in CT, FL, MA, NY & SC3
• Winner Top 100 Real Estate Brokers & Developers of the World4
• Overall Winner HGTV Ultimate House Hunt5
• 99% customer satisfaction rating6
COMMUNITY SNAPSHOT REPORT
Single-Family Properties
12 MONTHS ENDING FEBRUARY, 2025
SOUTHWEST FLORIDA COMMUNITY GUIDE
- City of Naples
- North Naples (North of Pine Ridge Road)
- South Naples (South of Pine Ridge Road)
- Bonita Springs
AQUALANE SHORES
City of Naples
BONITA BAY
Bonita Springs
COLLIER’S RESERVE
North Naples
GREY OAKS
South Naples & City of Naples
ISLE OF COLLIER
PRESERVE
South Naples
KENSINGTON
South Naples
LELY RESORT
South Naples
MEDITERRA
North Naples
MONTEREY
North Naples
MOORINGS
COQUINA SANDS
City of Naples
NAPLES PARK
North Naples
NAPLES RESERVE
South Naples
OLD NAPLES
City of Naples
PARK SHORE
City of Naples
PELICAN BAY
North Naples
PELICAN LANDING
Bonita Springs
PELICAN MARSH
North Naples
PINE RIDGE
North Naples
PORT ROYAL
City of Naples
QUAIL CREEK
North Naples
QUAIL WEST
North Naples
ROYAL HARBOR
City of Naples
THE COLONY AT PELICAN LANDING
Bonita Springs
THE DUNES OF NAPLES
North Naples
TIBURON GOLF CLUB
North Naples
North Naples
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