GULF SHORE BOULEVARD MARKET REPORT, NAPLES, FLORIDA - Q4 2023
Gulf Shore Boulevard, Naples - Beachfront MARKET REPORT - Q4 2023 Data Represented on 12-Month Rolling Basis.
BEACHFRONT 2017
2018
2019
2020
2021
2022
2023
Listed
251
306
293
268
227
164
235
Sold
160
175
189
215
363
146
111
$1,522,823
$1,480,448
$1,653,011
$1,749,288
$2,346,413
$3,147,688
$2,875,954
Avg. Sale $
SOLD
$
NEW LISTINGS
CLOSED SALES
AVERAGE SALES PRICE
CURRENT INVENTORY
MONTHS OF SUPPLY
235 43.29%
111 23.97%
$2,875,954 8.63%
97 246.43%
10.49 355.66%
12 MONTH NEW LISTINGS AND CLOSED SALES - BEACHFRONT
12 MONTH AVERAGE SALES PRICE - BEACHFRONT $3,500,000
500
$3,000,000
400
$2,500,000
300
$2,000,000
200
$1,500,000
100
$1,000,000
0
2017
2018
2019 2020 2021 2022 2023
New Listings
Closed Sales
$500,000
2017
2018
2019 2020 2021 2022 2023
Average Sales Price
SUMMARY With 111 properties sold, sales were down 23.97% from the preceding 12-month period when 146 properties were sold. New listings were up 43.29%, from 164 to 235. The average sales price, at $2,875,954 was down 8.63% from $3,147,688. As of December 31, 2023, inventory stood at 97 units while months of supply was 10.49 months.
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“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2024, 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.
Gulf Shore Boulevard, Naples - Bayfront MARKET REPORT - Q4 2023 Data Represented on 12-Month Rolling Basis.
BAYFRONT 2017
2018
2019
2020
2021
2022
2023
Listed
84
101
96
117
83
59
114
Sold
64
61
59
66
108
58
52
$604,100
$637,405
$650,475
$622,031
$780,118
$1,171,427
$1,893,401
Avg. Sale $
SOLD
$
NEW LISTINGS
CLOSED SALES
AVERAGE SALES PRICE
CURRENT INVENTORY
MONTHS OF SUPPLY
114 93.22%
52 10.34%
$1,893,401 61.63%
46 475.00%
10.62 541.35%
12 MONTH AVERAGE SALES PRICE - BAYFRONT
12 MONTH NEW LISTINGS AND CLOSED SALES - BAYFRONT $2,000,000 $1,800,000
125
$1,600,000
100
$1,400,000 $1,200,000
75
$1,000,000
50
$800,000
25 0
$600,000
2017
2018
2019 2020 2021 2022 2023
New Listings
Closed Sales
$400,000
2017
2018
2019 2020 2021 2022 2023
Average Sales Price
SUMMARY With 52 properties sold, sales were down 10.34% from the preceding 12-month period when 58 properties were sold. New listings were up 93.22%, from 59 to 114. The average sales price, at $1,171,427 was up 61.63% from $1,171,427. As of December 31, 2023, inventory stood at 46 units while months of supply was 10.62 months.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2024, 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.
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#1 REAL ESTATE COMPANY IN SOUTHWEST FLORIDA $4.5 Billion in Sales Volume in 2023. Over $1.4 Billion ahead of our nearest competitor. The Local Authority in Southwest Florida Real Estate. Contact us to market your home today.
JohnRWood.com | (239) 262-1900 Source: SWFL MLS. Residential Sales Volume Excluding Manufactured Housing in Lee and Collier Counties. 1/1/2023 through 12/31/2023.
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