Southwest Florida Real Estate
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Naples Real Estate Report! April 25, 2022


Naples Real Estate Report

Naples real estate

Real Estate News

Naples Area Real Estate Market ReportNaples Area Board of REALTOR® (NABOR®) released the March Market Report. Here are a few interesting statistics and comments:
  • Inventory of homes is growing, up 20% in March compared to February
  • Sales decreased 36.5% from a year ago as the overall number of available homes on the market remains low
  • Median home prices were up nearly 40% compared to March 2021
  • The number of new listings have risen since late last year, now at a level about the same as a year ago
  • About a third of the homes for sale in March had price reductions as many were priced too high
  • The trend to list $25,000 to $75,000 over comps is beginning to fade

March 2022 compared to March 2021:
Naples real estate

For details, trends, and year-to-date Naples area market statistics click here. Highlights from the March 2022 market report compared to March 2021:

Categories March 2021 March 2022 Change
Total showings (month/month) 60,147 43,206 -28%
Total closed sales (month/month) 1,899 1,205 -36.5%
Total pending sales (homes under contract) (month/month) 2,469 1,611 -34.8%
Median closed price (month/month) $412,000 $575,000 39.6%
New listings (month/month) 1,711 1,637 -4.3%
Total active listings (inventory) 1,819 1,392 -23.5%
Average days on market 67 22 -67.2%
Single-family closed sales month/month) 858 598 -30.3%
Single-family median closed price (month/month) $581,030 $745,000 28.2%
Single-family inventory 889 827 -8.0%
Condominium closed sales (month/month) 1,041 607 -41.7%
Condominium median closed price (month/month) $310,000 $465,000 50.0%
Condominium inventory 930 565 -39.2%

About Our Company

MVP Realty Associates, LLC – MVP Realty is a Naples based real estate company with agents and offices located throughout Florida:
  • Exceeded $2.5 billion in home sales in 2021 and closed over 8,000 transactions
  • One of the largest real estate companies in Florida
  • Top 1% in total sales transactions and number of real estate agents
  • The #2 real estate company in SWFL
  • More than 20 offices across Florida
  • Over 1,100 agents who will help market your property to prospective Buyers
  • Fastest growing real estate company in Florida the past eight years
  • Brokers have 75+ years of broker experience
  • Best agent training, technology and tools in the industry

Please contact me for your home selling and home buying needs…for both new construction and resale residential properties.

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