Naples Market Still Running Hot as Summer Approaches
While the crowds may be heading home for the season, the Naples real estate market is doing the exact opposite of slowing down. Buyer activity surged in April, inventory tightened again, and property values continued climbing. These are all signs that confidence in the Naples lifestyle remains stronger than ever.
One of the biggest takeaways from this month’s market report is just how active buyers still are. Pending sales jumped more than 38% compared to April of last year, which tells us buyers are continuing to make moves and confidence in the market remains high. Closed sales were also up over 18%, while overall inventory actually dropped by 21%.
That combination — strong demand and tightening inventory — helped push the overall median home price up to $630,000, a 7.7% increase year over year.
Sellers Are Pricing Smarter
We’re also seeing a healthier, more balanced market overall. Sellers are pricing homes more accurately from the start, and buyers are responding. Fewer than 30% of listings had price reductions in April, and homes are still selling very close to asking price.
This isn’t the kind of market where buyers can expect dramatic discounts across the board. Well-priced homes are continuing to attract attention quickly, especially in desirable neighborhoods with limited inventory.
Condo Market Showing New Life
The condo market has been one of the more interesting stories this year.
Over the past couple years, condo owners and associations have dealt with new state regulations, reserve funding requirements, and special assessments tied to structural updates and storm-related repairs. Naturally, some buyers paused while the market adjusted.
Now, things are beginning to stabilize.
Pending condo sales surged more than 51% in April, and closed condo sales actually outpaced single-family home sales for the month. Buyers are becoming more comfortable with the updated rules and costs because there’s more transparency surrounding ownership expenses upfront.
Affordability is also bringing many buyers back into the condo market. Over the last 12 months, Naples saw more than 1,000 condo sales under $300,000, while single-family homes in that price range remain extremely limited.
For buyers looking to get into the Naples market at a lower price point, condos continue to offer some of the best opportunities available.
Equity Growth Continues
Naples homeowners are still sitting in a very strong position overall.
Since 2019, median home prices in Naples have increased roughly 86%, creating substantial equity growth for many property owners. Even though the market has normalized compared to the ultra-competitive COVID years, long-term property values here continue to perform exceptionally well.
Neighborhood Trends
Different areas of Naples are seeing different levels of activity right now.
Central Naples condos posted strong price growth this month, while areas like East Naples and Ave Maria continue seeing steady appreciation as new construction expands east of I-75.
Meanwhile, some traditionally high-end coastal neighborhoods still have more inventory than usual, giving buyers additional options in luxury segments.
Naples Area Board of REALTORS® (NABOR®), April 2026 Market Report. Full report available here.
What to Watch this Summer:
Looking ahead, many industry professionals expect a strong summer market, especially before upcoming lending guideline changes for condominium financing take effect later this year.
For buyers, that means now may be a smart time to explore condo opportunities before financing requirements potentially become more restrictive.
For sellers, low inventory and steady buyer demand continue creating favorable conditions — particularly for homes that are priced correctly and presented well.
As always, every neighborhood and property type behaves a little differently in Naples, so having a local expert who understands the nuances of the market can make a huge difference.
If you’re thinking about buying, selling, or just curious about your home’s value in today’s market, feel free to reach out anytime.
Ready to Buy or Sell?
It’s time.
Shawn Stuben
