NAPLES FLORIDA REAL ESTATE MARKET REPORT FOR OCT

Market Trends

NAPLES FLORIDA REAL ESTATE MARKET REPORT FOR OCTOBER

The NABOR® October 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 October 2018 NABOR® sales statistics are presented in chart format, including these overall 3Q (single-family and condominium) findings:

CATEGORIES
Oct 2017
Oct 2018
CHANGE
Total homes under contract (pending sales) (month/month)
623
730
+17%
Total closed sales (month/month)
561 674 +20%
Median closed price (month/month)
$342,000 $344,000 +1%
Median closed price >$300K (month/month)
$480,000 $475,000 -1%
Total active listings (inventory)
5,010 5,992 +20%
Average days on market 
104 93 -11%
Single-family closed sales (month/month)
301 366 
+22%
Single-family median closed price (month/month)
$425,000 $426,000 0%
Single-family inventory
2,432 3,177 +31%
Condominium closed sales (month/month)
260 308 +18%
Condominium median closed price (month/month)
$250,000 $265,000 +6%
Condominium inventory
2,578 2,815 +9%