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Naples Real Estate Report! July 26, 2022


Naples Real Estate Report

Naples real estate

It’s Still a Seller’s Market

The desire to live in Southwest Florida continues to fuel real estate sales. Inventory of homes “For Sale” has increased since early this year but still less than a three month supply available! If you are considering buying or selling a home, please contact me for a free market analysis.

Real Estate News

Naples Area Real Estate Market ReportNaples Area Board of REALTOR® (NABOR®) released the June Market Report. Here are a few interesting statistics and comments:
  • Data shows signs of a return to pre-pandemic summer activity when market conditions were balanced
  • International buyers are coming back to Florida
  • Inventory of homes for sale continues to increase but still far below the level that was the norm several years ago
  • Nearly 50% of the June inventory had a price reduction
  • The frenzy of homes selling in several days and above list price is over

June 2022 compared to June 2021:
Naples real estate

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

Categories June 2021 June 2022 Change
Total showings (month/month) 34,429 23,057 -33%
Total closed sales (month/month) 1,545 952 -38.4%
Total pending sales (homes under contract) (month/month) 1,256 794 -36.8%
Median closed price (month/month) $458,281 $604,000 31.8%
New listings (month/month) 1,170 1,169 -0.1%
Total active listings (inventory) 1,271 2,294 80.5%
Average days on market 30 18 -40.0%
Single-family closed sales month/month) 755 438 -42.0%
Single-family median closed price (month/month) $615,000 $750,000 22.0%
Single-family inventory 784 1,435 83.0%
Condominium closed sales (month/month) 790 514 -34.9%
Condominium median closed price (month/month) $339,050 $497,500 46.7%
Condominium inventory 487 859 76.4%

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
  • 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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