Naples Beach June Housing Market Summary

The 3-month median price for Single Family Homes in Naples Beach – the area the area mostly to the East of 41 from Port Royal to Pelican Bay (see map below) covering zipcodes 34102,34103 and 34108 – continued to rise sharply, reaching $2.4 million for the April-June quarter, breaking strongly through the $2 million 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 smaller increase since last spring:

Sales have followed a similar path to that of SFHs:

The number of sales 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.

Naples rated No. 1 beach town to live in
Where are mortgage rates headed?
Naples market summary in June
North Naples June Housing Market
South Naples June Housing Market Summary