Whether you're shopping now or getting a head start on your real estate plans for the new year, staying informed is essential to achieving your goals. Start with our comprehensive Market Report, along with the monthly summary you can read right here. Our real estate agents have the latest market data in our Southwest Florida Market Report for October 2024.
Southwest Florida
With 22,485 properties sold in Southwest Florida during the most recent 12-month period, sales were down 8.49 percent from the preceding 12-month period when 24,570 properties were sold. New listings were up 10.00 percent, from 35,444 to 38,989. The average sales price was up 1.85 percent, from $799,204 to $813,996. As of October 31, 2024, inventory for Southwest Florida stood at 12,709 units and 6.78 months of supply.
Naples
Next on the list are Naples luxury homes for sale. There were 8,317 properties sold in Naples during the most recent 12-month period, a decrease of 10.82 percent from the preceding 12-month period when 9,326 properties were sold. New listings increased 12.84 percent, from 12,379 to 13,968. The average sales price increased 4.37 percent, from $1,082,071 to $1,129,315. Inventory for Naples checked in at 4,631 units, with 6.68 months of supply.
Marco Island
Sales on Marco Island increased 7.30 percent in the most recent 12-month period, increasing from 767 to 823 properties sold. New listings increased 10.25 percent from 1,249 to 1,377, while the average sales price increased .56 percent, from $1,492,460 to $1,500,769. Inventory for Marco Island was 498 units and 7.26 months of supply.
Bonita Springs-Estero
With 2,700 properties sold, sales in Bonita Springs-Estero decreased 8.47 percent from the preceding 12-month period when 2,950 properties were sold. New listings were up 12.40 percent, from 3,775 to 4,243. The average sales price increased 0.90 percent, from $779,344 to $786,395. Inventory for Bonita Springs-Estero stood at 1,340 units and 5.96 months of supply.
Fort Myers
There were 4,197 properties sold in Fort Myers during the most recent 12-month period, a decrease of 16.01 percent from the preceding 12-month period when 4,997 properties were sold. New listings increased 2.89 percent from 7,444 to 7,659. The average sales price increased 0.96 percent from $500,955 to $505,778. Inventory for Fort Myers was 2,463 units, with 7.04 months of supply.
Fort Myers Beach
With 243 properties sold, sales in Fort Myers Beach decreased 34.85 percent from the preceding 12-month period when 373 properties were sold. New listings were down 4.05 percent, from 617 to 592. The average sales price was down 9.56 percent, from $941,383 to $851,382. Inventory for Fort Myers Beach was 280 units and 13.83 months of supply.
Sanibel-Captiva
Sales in Sanibel-Captiva were down 22.86 percent in the most recent 12-month period, decreasing from 385 to 297 properties sold. New listings decreased by 12.72 percent, from 723 to 631. The average sales price increased 6.26 percent, from $1,242,320 to $1,320,100. Inventory for Sanibel-Captiva stood at 248 units and 10.02 months of supply.
Cape Coral
With 5,706 properties sold, sales in Cape Coral were up 2.53 percent from the preceding 12-month period when 5,565 properties were sold. New listings increased 14.24 percent, from 8,842 to 10,101. The average sales price was down 0.48 percent, from $477,407 to $475,118. Inventory for Cape Coral checked in at 3,090 units, with 6.50 months of supply.
Pine Island-Matlacha
There were 202 properties sold in Pine Island-Matlacha in the most recent 12-month period, a decrease of 2.42 percent from the preceding 12-month period when 207 properties were sold. New listings were up 0.72 percent, from 415 to 418. The average sales price increased 9.14 percent, from $540,049 to $589,397. Inventory for Pine Island-Matlacha was 159 units, with 9.45 months of supply.
Ready to take the next steps toward your luxury real estate goals? Our local team is here to help. Contact us to buy and sell homes in your favorite Southwest Florida communities.
The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Copyright 2023, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data. Statistics include Naples, Bonita, Estero, Fort Myers (excluding North and East Fort Myers), Fort Myers Beach, Cape Coral, Sanibel-Captiva Islands, Pine Island, Matlacha, Marco Island.
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