East Naples June Housing Market Summary

The 3-month median price for Single Family Homes in East Naples – which includes the areas to the East of Collier Blvd.(see map below) covering zipcodes 34114, 34117, 34120 and 34137 – continued to rise sharply, reaching $476,500 for the April-June quarter, breaking strongly through the $400,000 level:


Dramatic price movements often occur when the number of sales is small, but that has not been the case in the whole Naples area, which has seen a major increase:

The Condo market has seen a dramatic increase since last spring, soaring right through the $300,000 level:

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Sales of Condos are also well up:

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The number of sales in Naples generally did decline somewhat in June, but it is too early to tell if this is the usual seasonal pattern re-emerging after the COVID-inspired frenzy of the last year. It is worth remembering that visitors from Europe were totally absent in the last year, while the number of Canadian visitors also dropped. Visits from both groups are expected to recover as and when restrictions on travel are eased.

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Naples market summary in June
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It’s not a bubble unless it pops

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

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”

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