East Naples August Market Report

East Naples includes the areas to the East of Collier Blvd. See map below for details.

In the first 8 months of 2021 the median price of the Single Family homes sold in East Naples increased 29% to $465,000 on a 22% increase in sales, while the median Condo price increased 22% to $340,000 on a 63% increase in sales.

Single Family

Naples housing market
Naples housing market
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point

Condos
Naples Housing Market
Naples Housing Market

A rolling 12-month calculation represents the current month and the 11 months prior in a single data point

Comment
Historically, median closed prices of homes sold during summer months tend to be lower than median closed prices of homes sold during high-season months (January through April), but that trend did not occur this year.
According to the August NABOR report, the median closed price reported in August for the Naples area was $75,000 higher than the median closed price reported in January 2021. In East Naples the median SF price exceeded the 2007-07 peak only in the last year, while the median COndo price remains below the prior peak..
As buyers from more foreign countries are allowed to visit the US again, those buyers – who were largely absent last year – may well add further demand to an already extremely tight market.
As for the future what remains true is that “as it’s now possible to work from anywhere in the world, why not live and work in paradise?”

Naples zip codes

For a more detailed market report read Naples Housing Market August Review

Andrew Oliver
REALTOR®| Market Analyst | DomainRealty.com

Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
_____________
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945

www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com

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