Market Report
The Naples real estate market continued to gain momentum in May, with buyer demand outpacing the number of new homes coming to market. While nearly 1,000 new listings were added during the month, even more properties went under contract, resulting in a 22% year-over-year decline in available inventory.
For both buyers and sellers, today’s market presents unique opportunities—but success depends on timing, strategy, and local expertise.
Although homes are spending slightly more time on the market than they did last year, overall buyer activity remains strong. Pending sales continue to exceed the number of new listings entering the market, steadily reducing inventory throughout Collier County.
Naples Area Board of REALTORS® (NABOR®), April 2026 Market Report. Full report available here.
What This Means for Buyers
Inventory has tightened considerably compared to last year, creating increased competition for well-priced homes—particularly in desirable neighborhoods and luxury communities.
While mortgage rates remain higher than the historic lows seen a few years ago, today’s market still offers opportunities before inventory tightens further. Buyers who are prepared and ready to act are often in the strongest position when the right property becomes available.
What This Means for Sellers
Pricing remains the key to a successful sale.
Although the overall median sales price increased, sellers are entering the market with more realistic expectations. Throughout May, price reductions significantly outnumbered price increases, reflecting a market where buyers continue to reward homes that are priced appropriately from the start.
Well-presented homes that are accurately priced continue to attract strong interest and sell efficiently, particularly as available inventory declines.
Single-Family Homes Continue to Lead
The single-family market remains especially strong:
- Closed sales increased 9.9%
- Median sales price climbed 7.6% to $750,000
- Inventory declined 22.9%
Demand for detached homes continues to exceed supply, helping support steady appreciation throughout much of Naples.
Condominium Market
Condominium activity also showed meaningful improvement:
- Closed sales increased 18.2%
- Median price remained stable at $450,000
- Inventory decreased 21.1%
With pricing remaining relatively flat, many buyers continue to view condominiums as an attractive entry point into the Naples market.
Luxury Market Remains Exceptional
Luxury real estate continues to outperform many segments of the market.
Sales of single-family homes priced above $1.5 million have risen significantly compared to last year, while inventory in this price range continues to shrink. Several high-end sales also pushed average values substantially higher in Naples’ premier beachfront neighborhoods.
As inventory becomes more limited, competition for luxury properties is expected to remain strong throughout the summer.
Looking Ahead
The Naples market continues to demonstrate healthy fundamentals. Buyer demand remains steady, inventory is tightening, and prices have remained resilient despite broader economic uncertainty.
Whether you’re considering buying your first Naples home, upgrading to a luxury property, or taking advantage of the equity you’ve built, understanding neighborhood-specific market trends has never been more important.
If you’re thinking about buying or selling in Naples, I’d be happy to provide a personalized market analysis and discuss the opportunities available in today’s market.
Ready to Buy or Sell?
It’s time.
Shawn Stuben
