GULF SHORE BOULEVARD MARKET REPORT, NAPLES, FLORIDAQ2 2023
Gulf Shore Boulevard, Naples - Beachfront
MARKET REPORT - Q2 2023
Data Represented on 12-Month Rolling Basis.
New Listings
SUMMARY
Average Sales Price Closed Sales
With 101 properties sold, sales were down 56.47% from the preceding 12-month period when 232 properties were sold. New listings were down 9.5%, from 200 to 181. The average sales price, at $2,869,999 was down 2.09% from $2,931,113. As of June 30, 2023, inventory stood at 63 units while months of supply was 7.49 months.
2 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 2023 2022 2021 2020 2019 2018 2017 $3,500,000 181 9.50% 63 152.00% 7.49 478.85% 101 56.47% $2,869,999 2.09% 2017 2018 2019 2020 2021 2022 2023 Listed 271 263 301 278 269 200 181 Sold 183 164 182 163 364 232 101 Avg. Sale $ $1,478,965 $1,518,424 $1,567,818 $1,743,726 $2,057,372 $2,931,123 $2,869,999
MONTH NEW LISTINGS AND CLOSED SALES - BEACHFRONT
MONTH AVERAGE SALES PRICE - BEACHFRONT “The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2023, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Gulf side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands. 0 100 200 300 400 500 2023 2022 2021 2020 2019 2018 2017
BEACHFRONT 12
12
NEW LISTINGS CURRENT INVENTORY MONTHS OF SUPPLY CLOSED SALES SOLD AVERAGE SALES PRICE $
Gulf Shore Boulevard, Naples - Bayfront
MARKET REPORT - Q2 2023
Data Represented on 12-Month Rolling Basis.
12 MONTH NEW LISTINGS AND CLOSED SALES - BAYFRONT
12 MONTH AVERAGE SALES PRICE - BAYFRONT
New Listings
SUMMARY
Average Sales Price Closed Sales
With 42 properties sold, sales were down 44% from the preceding 12-month period when 75 properties were sold. New listings were down 14.29%, from 77 to 66. The average sales price, at $1,495,435 was up 49.25% from $1,001,976. As of June 30, 2023, inventory stood at 27 units while months of supply was 7.71 months.
3 66 14.29% 27 200.00% 7.71 435.71% 42 44.00% $1,495,435 49.25% 2017 2018 2019 2020 2021 2022 2023 Listed 101 90 101 97 113 77 66 Sold 70 56 60 50 112 75 42 Avg. Sale $ $630,046 $626,195 $640,413 $644,478 $737,167 $1,001,976 $1,495,435
BAYFRONT
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2023, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Bay side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands. $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2023 2022 2021 2020 2019 2018 2017 0 25 50 75 100 125 2023 2022 2021 2020 2019 2018 2017
NEW LISTINGS CURRENT INVENTORY MONTHS OF SUPPLY CLOSED SALES SOLD AVERAGE SALES PRICE
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