2024 Year End
Naples 2024 Market Report and 5-Year Review
Attorneys reported a pick-up in activity after the Election, which removed an uncertainty, and agents are reporting that Open Houses in early January have been very busy.Overall sales – of all property types – surged until around Q3 2021, and then halved from 2021 to 2024, when they were at the lowest since 2010.
Bonita Spirngs 2024 Market Report and 5-Year Review
Attorneys reported a pick-up in activity after the Election, which removed an uncertainty, and agents are reporting that Open Houses in early January have been very busy.Overall sales – of all property types – surged until around Q3 2021, and then almost halved from 2021 to 2024, when they were at the lowest since 2009.
Pelican Bay 2024 Market Report and 5-Year Review
Sales increased until 2021 and have since dropped back below pre-pandemic levels.
Bonita Bay 2024 Market Report and 5-Year Review
While Inventory has doubled from the extremely low levels on 2022/23, it has returned to more normal levels at the beginning of the season.
Imperial Golf Estates 2024 Market Report and 5-Year Review
The median price of the Single Family homes sold in Imperial Golf Estates (Imperial) has more than doubled since 2020, while sales recovered in 2024 from the slowdown in 2022 and 2023.
Bay Forest Market Report 2024 and 5-Year Review
The median price of the properties sold in Bay Forest increased dramatically from $275,000 in 2020 to $475,000 in 2023, before retreating in 2024. Sales in 2024 recovered from the drop in 2022 and 2023.
Q3 2024
Naples Q3 Market Report
Bonita Springs Q3 Market Report
Pelican Bay Q3 Market Report
Bonita Bay Q3 Market Report
Mid-year 2024
Naples Mid-Year Market Report
Despite some media reports suggesting a decline in Naples’ property prices, the data on completed sales supports my view that the market remains stable in overall terms as far as prices, while sales have returned to pre-COVID levels.
Bonita Springs Mid-Year 2024 Market Report
For Bonita Springs overall, median prices continued to increase in the first half of 2024, while sales dropped back to pre-COVID levels.
Fort Myers Beach Mid-Year 2024 Market Report
Fort Myers Beach has been in recovery and rebuilding mode since Hurricane Ian hit with devastating effect in September 2022, as is still evident when driving through FMB.
“Every street on the island has a house that’s either been erected or is being erected, with many more permits in place to go to build,” said Mayor Allers.
This amount of growth reflects itself in (assessed) property values. They’ve increased nearly 50%, which is much higher than the county average of a 5.86% increase.
“We were obviously excited to see that number, it gets us closer back to where we were before the storm,” said Allers. “We’re still not all the way there yet, but it’s a testament to our aggressive (attitude) in getting people in their houses with their permits and getting businesses back open.”