Naples Housing Market Update – April 29, 2025
(Data from March 2025 compared to March 2024)
More Inventory. More Opportunity.
Source: Naples Area Board of REALTORS® December 2024 Market Report
Naples, Fla. (April 25, 2025) – The Naples real estate market continues to offer increasing opportunity for buyers, with inventory up 36.1% year-over-year to 7,483 properties — surpassing pre-pandemic levels. This shift brings more choices, greater flexibility, and more room to negotiate favorable terms.
Naples Area Board of REALTORS® (NABOR®), February 2025 Market Report. Full report available here.
Closed sales declined 9.3% to 820 transactions, while pending sales dipped 7.3% to 1,212. With more listings and longer time on market (up 26.5% to 86 days), buyers have more time, leverage, and choices heading into summer.
Pricing Trends Stay Relatively Stable
The median closed price rose slightly — up 0.1% year-over-year to $650,000 — but showed a 2.4% dip compared to February. Single-family home prices remained flat at $770,000, while condominium prices decreased 7.1% to $486,000, offering increased affordability in that segment.
Sellers Adjust to Market Conditions
With 3,305 price decreases in March — the most ever recorded in a single month — many sellers are meeting the market and moving quickly. Sellers who price competitively are seeing stronger interest and better outcomes, while others are finding that holding out may come at a cost as values soften in some areas.
What’s Ahead
With inventory up, demand normalizing, and prices holding relatively steady, Naples is presenting a moment of opportunity for strategic buyers and flexible sellers alike. In today’s market, success comes down to smart pricing, local expertise, and knowing when to move.
Ready to Buy or Sell?
Whether you’re looking for a seasonal getaway or a full-time residence, let me help you navigate this evolving market. Contact me today to get started!
It’s time.
Shawn Stuben
