Single-Family Homes
Fri Jul 26 2024
This week the median list price for Naples, FL 34108 is $2,399,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 173.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Median List Price | $2,399,000 | |
Median Price of New Listings | $1,100,000 | |
Per Square Foot | $895 | |
Average Days on Market | 176 | |
Median Days on Market | 140 | |
Price Decreased | 41% | |
Price Increased | 1% | |
Relisted | 5% | |
Inventory | 173 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$9,300,000 | 6,611 | 0.5 - 1 acre | 5 | 6 | 3 | 0 | 2 | 161 |
$3,500,000 | 3,337 | 0.25 - 0.5 acre | 4 | 4 | 28 | 1 | 5 | 154 |
$1,310,000 | 1,750 | 6,500 - 8,000 sqft | 3 | 2 | 36 | 3 | 3 | 140 |
$888,450 | 1,424 | 6,500 - 8,000 sqft | 3 | 2 | 46 | 3 | 0 | 80 |