Turning the page to a new year presents the perfect opportunity to prioritize your real estate goals. Whether you're shopping for Naples luxury homes for sale or in another great Southwest Florida community, keeping up with our latest Monthly Market Report can give you an edge. Our real estate agents have the latest details for you in our Southwest Florida Market Report.
Southwest Florida
With 24,414 properties sold in the 12-month period ending November 30, 2023, sales in Southwest Florida decreased 14.94 percent compared to the preceding 12-month period when 28,703 properties were sold. New listings were up 4.61 percent, from 34,666 to 36,263. The average sales price was up 1.88 percent, from $776,353 to $790,979. As of November 30, 2023, inventory for Southwest Florida stood at 10,603 units, with 5.21 months of supply.
Naples
There were 9,216 properties sold in Naples in the most recent 12-month period, a decrease of 16.48 from the preceding 12-month period when 11,034 properties were sold. New listings decreased 4.62 percent, from 13,228 to 12,617. The average sales price increased 3.34 percent, from $1,034,841 to $1,069,434. Inventory for Naples stood at 3,671 units, with 4.78 months of supply.
Marco Island
Sales on Marco Island were down 13.38 percent, from 882 to 764 properties sold. New listings increased 13.82 percent, from 1,136 to 1,293. The average sales price rose 8.18 percent, from $1,380,963 to $1,493,991. Inventory for Marco Island checked in at 487 units, and 7.65 months of supply.
Bonita Springs-Estero
Sales in Bonita Springs-Estero were down 8.85 percent, decreasing from 3,220 to 2,935 properties sold in the most recent 12-month period. New listings were up 2.47 percent, from 3,758 to 3,851. The average sales price was up 13.06 percent, from $679,380 to $768,131. Inventory in Bonita Springs-Estero was 952 units and 3.89 months of supply.
Fort Myers
There were 4,887 properties sold in Fort Myers during the most recent 12-month period, a decrease of 15.96 percent from the preceding 12-month period when 5,815 properties were sold. New listings were up 15.41 percent, from 6,554 to 7,564, while the average sales price increased by 1.85 percent, from $486,858 to $495,882. Inventory for Fort Myers stood at 2,065 units, and 5.07 months of supply.
Fort Myers Beach
With 388 properties sold, sales in Fort Myers Beach were down 14.73 percent from the preceding 12-month period when 455 properties were sold. New listings were down 3.45 percent, from 638 to 616, while the average sales price decreased 3.05 percent, from $974,657 to $944,882. Inventory for Fort Myers Beach stood at 222 units, while months of supply was 6.87 months.
Sanibel-Captiva
Sales in Sanibel-Captiva were up 1.79 percent in the most recent 12-month period, increasing from 390 to 397 properties sold. New listings were up 65.26 percent, from 449 to 742. The average sales price was down 28.85 percent, from $1,705,723 to $1,213,608. Inventory for Sanibel-Captiva checked in at 269 units, and 8.13 months of supply.
Cape Coral
Properties sold were down 15.68 percent in Cape Coral in the most recent 12-month period, decreasing from 6,658 to 5,614 properties sold. New listings increased 6.30 percent, from 8,613 to 9,156. The average sales price decreased 5.37, from $503,076 to $476,078. Inventory for Cape Coral stood at 2,800 units, with 5.99 months of supply.
Pine Island-Matlacha
With 213 properties sold, sales in Pine Island-Matlacha were down 14.46 percent compared to the preceding 12-month period when 249 properties were sold. New listings rose by 46.21 percent, from 290 to 424. The average sales price decreased 21.29 percent, from $684,086 to $538,458. Inventory for Pine Island-Matlacha was 137 units, with 7.72 months of supply.
Ready to start shopping? Our experienced, local team is here to help with all of your luxury real estate needs. 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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