BONITA SPRINGS
LUXURY PROPERTIES MARKET REPORT
JANUARY 2025
NAPLES & BONITA SPRINGS
Single-Family Properties
CLOSED SALES
• The number of closed sales in the 12 months ending January 31st, 2025 for the Naples and Bonita Springs Area decreased 8% year-over-year (5,843 vs 6,360).
• There were 65 closed sales priced above two million in January 2025 compared to 41 in January 2024; a 59% increase. During the 12 months ending January 31st, 2025, sales in this category increased 1% over the same time period in 2024 (707 vs 702 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending January 31st, 2025, a total of 10,775 new listings were added to the market, this is a 13% increase vs the same time period 12 months ending January 31st, 2024.
• Available inventory as of January 31st, 2025 consisted of 4,982 units, an increase of 27% vs the same time period in 2024. Current inventory represents 10 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $1,236,675, an 8% increase vs the same time period in 2024.
• The median sales price for the area in January 2025 increased 13% to $774,900 vs January 2024.
NAPLES & BONITA SPRINGS
Condominiums
CLOSED SALES
• The number of closed sales in the 12 months ending January 31st, 2025 for the Naples and Bonita Springs Area decreased 11% year-over-year (4,161 vs 4,681).
• There were 22 closed sales priced above two million in January 2025 compared to 24 in January 2024; a 8% decrease. During the 12 months ending January 31st, 2025, sales in this category increased 18% over the same time period in 2024 (437 vs 370 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending January 31st, 2025, a total of 8,560 new listings were added to the market, a 16% increase vs the same time period 12 months ending January 31st, 2024.
• Available inventory as of January 31st, 2025 consisted of 4,457 units, an increase of 37% vs the same time period in 2024. Current inventory represents 13 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $821,390, a 2% increase vs the same time period in 2024.
• The median sales price for the area in January 2025 decreased 7% to $465,000 vs January 2024.
William Raveis is named Top Brokerage by Inman1, the voice for REALTORS® across the country. We excel at pushing old ways aside, reinventing technology in partnership with Microsoft, and providing the most comprehensive services in the real estate industry to benefit all sales associates and customers.
We are proud of our 99% customer satisfaction ratings year over year.2
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 January 31st, 2025 for the luxury market from Port Royal to Bonita Beach Road Area decreased 3% year-over-year (305 vs 315).
NEW LISTINGS / INVENTORY
• During the 12 months ending January 31st, 2025, a total of 906 new listings were added to the market, an increase of 16% compared to the same time period 12 months ending January 31st, 2024.
• Available inventory as of January 31st, 2025 consisted of 623 units, a 28% increase vs the same time period in 2024 (623 vs 487). 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 $5,706,673 an increase of 32% vs the same time period in 2024.
• The median sales price for the area in January 2025 decreased 49% to $2,700,000 vs January 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 January 31st, 2025 for the luxury market from Port Royal to Bonita Beach Road Area increased 12% year-over-year (601 vs 535).
NEW LISTINGS / INVENTORY
• During the 12 months ending January 31st, 2025, a total of 1,271 new listings were added to the market, an increase of 24% vs the same time period 12 months ending January 31st, 2024.
• Available inventory as of January 31st, 2025 consisted of 726 units, a 32% increase vs the same time period in 2024 (726 vs 551). 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 $2,797,761 increasing 14% vs the same time period in 2024.
• The median sales price for the area in January 2025 increased 2% to $2,125,000 vs January 2024.
NAPLES & BONITA SPRINGS
MARKET TRENDS
Single-Family Properties
YEAR-OVER-YEAR MARKET TRENDS
Condominium Properties
PORT ROYAL to BONITA BEACH ROAD AREA
We are honored to have won Top Brokerage by Inman1, the voice of Realtors® across the country. We are also grateful for these global and national luxury awards:
• #1 Luxury Broker in the World2
• Winner Best Luxury Real Estate Brokerage in CT, FL, MA & SC3
• Winner Top 100 Real Estate Brokers & Developers of the World3
• Overall Winner HGTV Ultimate House Hunt4
• 99% customer satisfaction rating5
WINNER
COMMUNITY SNAPSHOT REPORT
Single-Family Properties
12 MONTHS ENDING JANUARY, 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
