Naples Housing Market Surges in January 2025
The Naples real estate market kicked off 2025 with strong momentum, as buyers and sellers saw new opportunities amid rising inventory and stable price trends. According to the latest report from the Naples Area Board of REALTORS® (NABOR®), closed sales in January increased by 12%, with 551 homes sold compared to 492 in January 2024.
The median closed price rose 9.4% year-over-year, reaching $659,000, signaling continued demand for homes in the area. However, while appreciation has slowed from the rapid increases seen in 2021 and 2022, the market remains dynamic, with price fluctuations depending on property type and location.
Inventory Expands, Giving Buyers More Choices (more…)
How’s the market in February 2025?
This table shows median prices for all types of property sold in Naples month by month since 2020. There are a couple of outliers, but in general median prices have been in the $600-650,000 range. January 2025 was a little higher at $675,000.
This table shows Active Listings divided by Sales in the last 12 months. The Months of Inventory number means how long it would take to sell the current inventory based upon the rate of sales in the previous year.Generally ,in real estate, 6 months of supply is regarded as a market in equilibrium between buyers and sellers: a higher number favours buyers, a lower number sellers.
Southwest Florida is, of course, a seasonal market. The following chart shows that sales – which typically occur 6-8 weeks after a contract is signed – are at their highest in March-May, and lowest in October – January. Which makes sense. Inventory is highest in the early months, drops in the summer, and then picks up as we get towards the next season.
Comment
Anecdotal stories are intriguing, but often very selective. I try to present the actual numbers as a basis for making informed decisions by both sellers and buyers.
Andrew.Oliver@Compass.com
Bay Forest Villas: “Bring me an Offer”
LA JOLLA is a small, lakeside community in Bay Forest with only 8 lakefront, 2- and 3- bed villas.
Number 22, with 3 beds and 3 full baths and 2,127 sq.ft., is currently off market and was last listed at $775,001. There is no other unit in Bay Forest that compares with this one, for location and condition, after the owner has invested some $275,000 in upgrades.
Go HERE to view phtos and videos.
Number 37, a 2-bed plus den, 1,568 sq ft unit, is listed at $579,000.Go HERE to view photos and video.
Contact me on 617.834.8205 to arrange a showing.
With the boardwalk nearing completion, two years after Hurricane Ian, residents will soon to be able to enjoy this great highlight of Bay Forest, with its new kayak launching ramp.
The completion of the boardwalk and the arrival of winter vistors should increase demand in Bay Forest. In anticipation of that, the seller of the Villas would like to have at least one of them sold – so he is open to offers!
Go HERE to view the Bay Forest website, read the latest Newsletter, and watch the 4-minute video of Bay Forest.
And HERE to read the latest news on the Boardwalk.
Bay Forest offers 3 Tennis, 3 pickleball courts, bocce, shuffleboard, fitness center and much more cater to active lifestyles, while the clubhouse, which also has a library, serves as the hub for social events and indoor activities.
Andrew.Oliver@Compass.com
Imperial Golf Estates Open House Friday October 4
THE ISLAND
1510 IMPERIAL GC BLVD, 133
2 Bed, 2 Bath
3rd (TOP) Fl, Garage
Dramatic Golf Course, Lake Views
1538 Sq.Ft , $418,000
OPEN HOUSE FRIDAY 11:30-1:30 or call me on 617.834.8205 for a private showing
Go HERE for photos, video, floor plan, etc
Andrew.Oliver@Compass.com
Open Houses Sunday September 22: Bay Forest and Imperial Golf Estates
BAY FOREST
15535 CEDARWOOD LN, 5-304 (BERMUDA BAY 1)
2 Bed+DEN, 2 Bath
3rd (TOP) Fl, Impeccable
Updated KITCHEN/Baths
1538 SF, Garage
$460,000
Go HERE for photos and video
OPEN HOUSE SUNDAY 11:30-1:00
IMPERIAL GOLF ESTATES
1510 IMPERIAL GOLF COURSE BLVD #133 (THE ISLAND)
3rd (TOP) FL, Garage
2 Bed, 2 Bath
Dramatic Golf Course, Lake Views
Extra large rooms, 1538 Sq.Ft, Garage
$418,000
Open HOUSE SUNDAY 1:30-3:30 (will be listed in MLS on Monday with photos and video)
Recent Market Reports
Naples Mid-Year 2024 Market Report
Bonita Springs Mid-Year 2024 Market Report
Fort Myers Beach Mid-Year 2024 Market Report
Please contact me for a market report that includes properties in your area which were recently listed or sold.
Economic and mortgage commentary
The Federal Reserve’s new buzzword: Recalibrate
Federal Reserve Chair Powell:The Time has Come
Earth to Federal Reserve: What are you waiting for?”
The Federal Reserve’s Analysis Paralysis
Andrew.Oliver@Compass.com
Naples Mid-Year 2024 Market Review
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. This table shows Median Prices and Sales for Single Family, Villa and Condos
The median Price per Sq.Ft. increased for SFs in line with median prices, and was stable for Villa and Condos.
DTO – Days To Offer – the number of days a property is listed before an accepted offer is received – increased, but was still below 2020 speeds. (more…)
Bay Forest: July 4 Sale!
Another Bay Forest Sale
To see how I present a property to the market Go HERE to see the photos and videos of the above property.
And Go HERE to see details of the one that is still available in La Jolla. (more…)
Bay Forest: 2 more Pending Sales, Boardwalk latest, and Open Houses
2 more properties have gone under contract this week as work continues on the new boardwalk.
Go HERE to read the latest progress report.
Bay Forest Residents enjoy over two miles of walking paths, extending through mangrove preserves and into estuaries of the Gulf.
Go HERE to visit the Bay Forest website
Go HERE to read the latest edition of the Bay Forest Bugle (more…)
Bay Forest Update and Open Houses
There are 10 properties currently Under Contract in Bay Forest, supporting my argument that this is a great time to buy, especially now that construction of the new $4.5 million Boardwalk is finally underway.
Bay Forest Residents enjoy over two miles of walking paths, extending through mangrove preserves and into estuaries of the Gulf.
There are 10 properties currently Under Contract in Bay Forest, supporting my argument that this is a great time to buy, especially now that construction of the new $4.5 million Boardwalk is finally underway.
Bay Forest Residents enjoy over two miles of walking paths, extending through mangrove preserves and into estuaries of the Gulf.
Go HERE to visit the Bay Forest website
Go HERE to read the latest progess report on the Boardwalk
Go HERE to read the latest edition of the Bay Forest Bugle
3 Tennis, 3 pickleball courts, bocce, shuffleboard, fitness center and much more cater to active lifestyles, while the clubhouse, which also has a library, serves as the hub for social events and indoor activities.
15455 ROYAL FERN LANE N, 22 (LA JOLLA)
OPEN HOUSE TODAY 12-2
SUNDAY 1-4
3 beds +den, 3 full baths, garage, impact windows/shutters, bird’s eye view of the fountain in the lake. Totally updated throughout with $275,000 of high-end, custom fixtures.
This Villa does not need a Realtor’s superlatives – just look at the photos, watch the video, and imagine living here.
Go HERE to view all the photos, video, floor plans (including a 3D tour).
Call for a private showing if you can’t make the Open Houses.
Please contact me for a market report that includes properties in your area which were recently listed or sold.
Andrew.Oliver@Compass.com
It’s been an active week in Bay Forest!
2 more properties have gone under contract this week and 2 sales have closed, as work continues on the new boardwalk.
Go HERE to read the latest progress report. (more…)
Bay Forest Open Houses Memorial Day weekend
There are 10 properties currently Under Contract in Bay Forest, supporting my argument that this is a great time to buy, especially now that construction of the new $4.5 million Boardwalk is finally underway. (more…)
Exciting News from Bay Forest – and Open House TODAY 12-4
“WE ARE EXCITED TO ANNOUNCE THE BUILDING PERMIT TO START CONSTRUCTION ON THE BOARDWALK WAS ISSUED TODAY. URS WILL BE ONSITE MONDAY, MAY 20TH AND WORK WILL RESUME.”
There are 10 properties currently Under Contract in Bay Forest, supporting my argument that this is a great time to buy, especially now that construction of the new $4.5 million Boardwalk is about to resume. (more…)