Monthly Market Report OCTOBER 2024

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$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 - OCTOBER 2024

Data Represented on 12-Month Rolling Basis.

12 MONTH NEW LISTINGS AND CLOSED SALES

12 MONTH AVERAGE SALES PRICE

SUMMARY

With 22,485 properties sold, sales were down 8.49% from the preceding 12-month period when 24,570 properties were sold. New listings were up 10.00%, from 35,444 to 38,989. The average sales price was up 1.85%, from $799,204 to $813,996. As of October 31, 2024, inventory stood at 12,709 units while months of supply was 6.78 months.

MARKET REPORT - OCTOBER 2024

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

SUMMARY

With 8,317 properties sold, sales were down 10.82% from the preceding 12-month period when 9,326 properties were sold. New listings were up 12.84% from 12,379 to 13,968. The average sales price was up 4.37%, from $1,082,071 to $1,129,315. As of October 31, 2024, inventory stood at 4,631 units while months of supply was 6.68 months.

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

MARCO ISLAND

MARKET REPORT - OCTOBER 2024

Sale $ $785,967

With 823 properties sold, sales were up 7.30% from the preceding 12-month period when 767 properties were sold. New listings were up 10.25%, from 1,249 to 1,377. The average sales price was up .56%, from $1,492,460 to $1,500,769. As of October 31, 2024, inventory stood at 498 units while months of supply was 7.26 months.

MARCO ISLAND

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

BONITA SPRINGS - ESTERO

MARKET REPORT - OCTOBER 2024

Sale $ $395,076

With 2,700 properties sold, sales were down 8.47% from the preceding 12-month period when 2,950 properties were sold. New listings were up 12.40%, from 3,775 to 4,243. The average sales price was up .90%, from $779,344 to $786,395. As of October 31, 2024, inventory stood at 1,340 units while months of supply was 5.96 months.

MARKET REPORT - OCTOBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

FORT

Avg. Sale $ $274,442

$475,000

With 4,197 properties sold, sales were down 16.01% from the preceding 12-month period when 4,997 properties were sold. New listings were up 2.89%, from 7,444 to 7,659. The average sales price was up 0.96%, from $500,955 to $505,778. As of October 31, 2024, inventory stood at 2,463 units while months of supply was 7.04 months.

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

FORT MYERS BEACH

With 243 properties sold, sales were down 34.85% from the preceding 12-month period when 373 properties were sold. New listings were down 4.05%, from 617 to 592. The average sales price was down 9.56%, from $941,383 to $581,382. As of October 31, 2024, inventory stood at 280 units while months of supply was 13.83 months.

FORT MYERS BEACH

REPORT - OCTOBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

SANIBEL-CAPTIVA

Sale $

With 297 properties sold, sales were down 22.86% from the preceding 12-month period when 385 properties were sold. New listings were down 12.72%, from 723 to 631. The average sales price was up 6.26%, from $1,242,320 to $1,320,100. As of October 31, 2024, inventory stood at 248 units while months of supply was 10.02 months.

SANIBEL-CAPTIVA

MARKET REPORT - OCTOBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

CAPE CORAL

MARKET REPORT - OCTOBER 2024

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

SUMMARY

With 5,706 properties sold, sales were up 2.53% from the preceding 12-month period when 5,565 properties were sold. New listings were up 14.24%, from 8,842 to 10,101. The average sales price was down 0.48%, from $477,407 to $475,118. As of October 31, 2024, inventory stood at 3,090 units while months of supply was 6.50 months.

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

PINE ISLAND-MATLACHA

MARKET REPORT - OCTOBER 2024

SUMMARY

With 202 properties sold, sales were down 2.42% from the preceding 12-month period when 207 properties were sold. New listings were up 0.72%, from 415 to 418. The average sales price was up 9.14%, from $540,049 to $589,397. As of October 31, 2024, inventory stood at 159 units while months of supply was 9.45 months.

PINE ISLAND-MATLACHA

MARKET REPORT - OCTOBER 2024

Neighborhood Snapshot Report©

12-Month Sold Comparison Report for Select Communities Monthly Snapshot as of October 31, 2024

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