Monthly Market Report - November 2024

Page 1


MARKET REPORTNOVEMBER 2024

$4.8B+ IN CLOSED SALES VOLUME 23

LOCATIONS FROM MARCO ISLAND TO PINE ISLAND 850+ AGENTS THROUGHOUT SOUTHWEST FL #54

AMONG REAL TRENDS TOP 500 BROKERS (2021)

1958 YEAR ESTABLISHED BY VISIONARY JOHN R. WOOD

HEADQUARTERED IN NAPLES, FLORIDA INDEPENDENTLY OWNED & OPERATED; NOT A FRANCHISE

NAPLES, FL

SOUTHWEST FLORIDA

MARKET REPORT - NOVEMBER 2024

Data Represented on 12-Month Rolling Basis.

12 MONTH NEW LISTINGS AND CLOSED SALES

12 MONTH AVERAGE SALES PRICE

$800,000

$750,000

$700,000

SUMMARY

With 22,161 properties sold, sales were down 10.04% from the preceding 12-month period when 24,633 properties were sold. New listings were up 9.84%, from 36,263 to 39,830. The average sales price was up 3.4%, from $794,682 to $821,713. As of November 30, 2024, inventory stood at 14,422 units while months of supply was 7.81 months.

MARKET REPORT - NOVEMBER 2024

4,000 8,000 12,000 16,000 20,000

SUMMARY

With 8,198 properties sold, sales were down 12.12% from the preceding 12-month period when 9,329 properties were sold. New listings were up 13.13% from 12,617 to 14,274. The average sales price was up 7.24%, from $1,070,021 to $1,147,463. As of November 30, 2024, inventory stood at 5,257 units while months of supply was 7.70 months.

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

MARCO ISLAND

Avg. Sale $ $778,340

With 808 properties sold, sales were up 5.48% from the preceding 12-month period when 766 properties were sold. New listings were up 8.35%, from 1,293 to 1,401. The average sales price was up 1.61%, from $1,496,649 to $1,520,702. As of November 30, 2024, inventory stood at 573 units while months of supply was 8.51 months.

MARCO ISLAND

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

BONITA SPRINGS - ESTERO

MARKET REPORT - NOVEMBER 2024

Sale $

With 2,605 properties sold, sales were down 12.55% from the preceding 12-month period when 2,979 properties were sold. New listings were up 13.09%, from 3,851 to 4,355. The average sales price was up 2.05%, from $782,205 to $798,275. As of November 30, 2024, inventory stood at 1,537 units while months of supply was 6.99 months.

MARKET REPORT - NOVEMBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

FORT MYERS

Avg. Sale $ $275,599

$475,000

With 4,161 properties sold, sales were down 15.58% from the preceding 12-month period when 4,929 properties were sold. New listings were up 4.43%, from 7,564 to 7,899. The average sales price was up 1.37%, from $499,580 to $506,446. As of November 30, 2024, inventory stood at 2,823 units while months of supply was 8.14 months.

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

FORT MYERS BEACH

With 240 properties sold, sales were down 38.30% from the preceding 12-month period when 389 properties were sold. New listings were down 0.49%, from 616 to 613. The average sales price was down 11.27%, from $944,252 to $837,860. As of November 30, 2024, inventory stood at 323 units while months of supply was 16.15 months.

FORT MYERS BEACH

REPORT - NOVEMBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

SANIBEL-CAPTIVA

With 290 properties sold, sales were down 27.68 from the preceding 12-month period when 401 properties were sold. New listings were down 12.13%, from 742 to 652. The average sales price was up 10.04%, from $1,218,757 to $1,341,169. As of November 30, 2024, inventory stood at 317 units while months of supply was 13.12 months.

SANIBEL-CAPTIVA

MARKET REPORT - NOVEMBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

CAPE CORAL

MARKET REPORT - NOVEMBER 2024

2,000 4,000 6,000 8,000 10,000

SUMMARY

With 5,664 properties sold, sales were up 0.66% from the preceding 12-month period when 5,627 properties were sold. New listings were up 11.42%, from 9,156 to 10,202. The average sales price was down 0.73%, from $476,877 to $473,407. As of November 30, 2024, inventory stood at 3,422 units while months of supply was 7.25 months.

REPORT - NOVEMBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

PINE ISLAND-MATLACHA

MARKET REPORT - NOVEMBER 2024

SUMMARY

With 195 properties sold, sales were down 8.47% from the preceding 12-month period when 213 properties were sold. New listings were up 2.36%, from 424 to 434. The average sales price was up 10.60%, from $538,458 to $595,541. As of November 30, 2024, inventory stood at 190 units while months of supply was 11.69 months.

PINE ISLAND-MATLACHA

MARKET REPORT - NOVEMBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of November 30, 2024

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.