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John R. Wood Real Estate Blog Home

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Naples | 16 Posts
Neighborhoods | 1 Posts
Our Team | 10 Posts
Paradise Coast | 21 Posts
Sanibel | 1 Posts
Selling a Home | 14 Posts
Uncategorized | 12 Posts
February
28

Naples 2022

The spring selling season is just around the corner, and Southwest Florida real estate markets have already shown substantial activity during the start of 2022. As always, our team is analyzing all of the market data and keeping you up to date on the key real estate trends to watch. Our real estate agents have all of the latest data in our Southwest Florida Market Report for January 2022.

Southwest Florida

Overall, sales in Southwest Florida were up by 17.91 percent in January, with 38,568 properties sold. Compare that to the previous 12-month period, when 32,709 properties were sold. That increase in sales came despite a slight 3.36 percent decrease in new listings, with a total of 35,705 new listings in January 2022. With demand high, it's no surprise that the average sale price increased by 22.92 percent to $648,805 for Southwest Florida properties. Overall inventory for Southwest Florida stood at 1,947 units, with .61 months of supply.

Naples

Naples homes for sale outperformed the overall Southwest Florida trends, with 15,646 properties sold and a 21.87 percent year-over-year increase in sales. New listings in Naples were down by 5.94 percent, from 14,770 to 13,892. The average sale price in Naples was on the rise by 18.22 percent, increasing to $847,116. Inventory for Naples checked in at 886 units and .68 months of supply.

Marco Island

Sales were also up in Marco Island, which saw 1,448 properties sold and an 18.59 percent year-over-year increase in sales. New listings decreased by 3.81 percent, with 1,286 new listings during January. The average sale price for Marco Island properties increased by 25.38 percent, from $855,474 to $1,072,553. As of the end of January, inventory was at 107 units with .89 months of supply.

Bonita Springs-Estero

With 4,454 properties sold, sales were up by 13.97 percent in the Bonita Springs-Estero market. This market saw a slightly larger decrease in new listings than some other SWFL markets, with 3,835 new listings and an 11.33 percent year-over-year decrease. The average sale price saw a significant rise of 24.75 percent, increasing to $561,916. Inventory for Bonita Springs-Estero stood at 161 units and .43 months of supply.

Fort Myers

Fort Myers also saw a rise in sales, with 7,645 properties sold and a 16.43 percent year-over-year sales increase. New listings dipped by 4.99 percent, to a total of 6,989, while the average sale price in Fort Myers rose by 21.09 percent to $387,205. At the end of January, inventory was 241 units and .38 months of supply.

Fort Myers Beach

Sales in Fort Myers Beach also outpaced the overall Southwest Florida trends, with a 20.27 year-over-year increase in sales to a total of 518 properties sold. That sales increase came despite an 8.16 percent decrease in new listings, with a total of 623 new listings in January. The average sale price increased by 21.65 percent to $744,336. Inventory for Fort Myers Beach checked in at 47 units and .91 months of supply.

Sanibel & Captiva Islands

Behind only Naples, the next largest sales increase came on Sanibel & Captiva Islands, where sales increased by 21.25 percent to a total of 736 properties sold. New listings were down by 15.16 percent, with 582 new listings in January. Sanibel & Captiva Islands also saw the largest increase in the average sale price, with a 33.01 percent increase to $1,273,251. Inventory stood at 42 units, with .68 months of supply.

Cape Coral

Sales in Cape Coral were up by 13.69 percent in January, to 8,016 properties sold. Unlike in many markets, new listings were also on the rise. New listings increased by 8.96 percent to 8,536. The average sale price in Cape Coral increased by 30.27 percent to reach $418,199. Inventory in Cape Coral was 463 units at the end of January, with .69 months of supply.

When you're ready to capitalize on the latest Southwest Florida market trends, our team is here to help with all of your real estate needs. Contact us to buy and sell homes in your favorite Southwest Florida communities.

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