RealEstate.news - Naples area home supply grows, defying market trends

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Naples area home supply grows, defying market trends

Naples residential inventory up 36% in December, new listings rise 26%.

2025-01-27 16:34:23

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N
aples Area Real Estate Market Sees Significant Growth

    According to the Naples Area Board of Realtors, residential real estate inventory in the area surged 36% in December. New listings rose by 26%, with a total of 5,695 properties on the market and 1,184 new additions. This growth was accompanied by an increase in pending sales, up 7% year-over-year to 626 transactions. Closed sales also saw a boost, rising 5% to 594 deals. Homes spent an average of 84 days on the market before selling for a median price of $600,000.

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