NAPLES & BONITA SPRINGS
Single-Family Properties
CLOSED SALES
• The number of closed sales in the 12 months ending December 31st, 2024 for the Naples and Bonita Springs Area decreased 10% year-over-year (5,748 vs 6,413).
• There were 55 closed sales priced above two million in December 2024 compared to 59 in December 2023; a 7% decrease. During the 12 months ending December 31st, 2024, sales in this category decreased 5% over the same time period in 2023 (681 vs 716 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending December 31st, 2024, a total of 10,454 new listings were added to the market, this is a 12% increase vs the same time period 12 months ending December 31st, 2023.
• Available inventory as of December 31st, 2024 consisted of 4,209 units, an increase of 29% vs the same time period in 2023. 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 $1,218,883, a 6% increase vs the same time period in 2023.
• The median sales price for the area in December 2024 decreased 2% to $715,000 vs December 2023.
NAPLES & BONITA SPRINGS
Condominiums
CLOSED SALES
• The number of closed sales in the 12 months ending December 31st, 2024 for the Naples and Bonita Springs Area decreased 14% year-over-year (4,148 vs 4,833).
• There were 20 closed sales priced above two million in December 2024 compared to 30 in December 2023; a 33% decrease. During the 12 months ending December 31st, 2024, sales in this category decreased 4% over the same time period in 2023 (437 vs 456 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending December 31st, 2024, a total of 8,310 new listings were added to the market, a 16% increase vs the same time period 12 months ending December 31st, 2023.
• Available inventory as of December 31st, 2024 consisted of 3,659 units, an increase of 40% vs the same time period in 2023. Current inventory represents 11 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $829,882, a 1% decrease vs the same time period in 2023.
• The median sales price for the area in December 2024 decreased 20% to $408,000 vs December 2023.
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 December 31st, 2024 for the luxury market from Port Royal to Bonita Beach Road Area decreased 12% yearover-year (296 vs 336).
NEW LISTINGS / INVENTORY
• During the 12 months ending December 31st, 2024, a total of 834 new listings were added to the market, an increase of 5% compared to the same time period 12 months ending December 31st, 2023.
• Available inventory as of December 31st, 2024 consisted of 490 units, a 14% increase vs the same time period in 2023 (490 vs 429). Current inventory represents 20 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $5,578,360 an increase of 29% vs the same time period in 2023.
• The median sales price for the area in December 2024 increased 18% to $3,453,535 vs December 2023.
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 December 31st, 2024 for the luxury market from Port Royal to Bonita Beach Road Area decreased 7% yearover-year (599 vs 641).
NEW LISTINGS / INVENTORY
• During the 12 months ending December 31st, 2024, a total of 1,214 new listings were added to the market, an increase of 12% vs the same time period 12 months ending December 31st, 2023.
• Available inventory as of December 31st, 2024 consisted of 573 units, a 28% increase vs the same time period in 2023 (573 vs 447). Current inventory represents 11 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $2,831,133 increasing 18% vs the same time period in 2023.
• The median sales price for the area in December 2024 decreased 27% to $1,575,000 vs December 2023.
NAPLES & BONITA SPRINGS
YEAR-OVER-YEAR 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 DECEMBER, 2024
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
