NAPLES FLORIDA MARKET DATA FOR 3 QUARTER 2018

Market Trends

NAPLES FLORIDA MARKET DATA FOR 3 QUARTER 2018

The NABOR® September and 3Q 2018 Market Reports provide comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® sales statistics are presented in chart format, including these overall 3Q (single-family and condominium) findings:

CATEGORIES
3Q 2017
3Q 2018
CHANGE
Total homes under contract (pending sales) (quarter/quarter)
1,675
2,014
+20%
Total homes under contract (pending sales) (year/year)
9,146
9,424 +3%
Total closed sales (quarter/quarter)
1,803 2,032 +13%
Total closed sales (year/year) 8,885 9,130 +3%
Median closed price (quarter/quarter)
$320,000 $330,000 +3%
Median closed price (year/year) 
$329,000
$344,000
+5%
Median closed price >$300K (quarter/quarter)
$498,000 $478,000 -4%
Median closed price >$300K (year/year) $512,000
$517,000
+1%
Total active listings (inventory)
4,608 4,776 +4%
Average days on market 
99 98 -1%
Single-family closed sales (quarter/quarter)
927 979 
+6%
Single-family closed sales (year/year) 4,351 4,409 +1%
Single-family median closed price (quarter/quarter)
$418,000 $419,000 0%
Single-family median closed price (year/year) 
$410,000
$435,000
+6%
Single-family inventory
2,314 2,495 +8%
Condominium closed sales (quarter/quarter)
876 1,053 +20%
Condominium closed sales (year/year) 4,534 4,721 +4%
Condominium median closed price (quarter/quarter)
$248,000 $251,000 +1%
Condominium median closed price (year/year) 
$265,000
$265,000
0%
Condominium inventory
2,294 2,281 -1%

 

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