Naples Housing Market Mid-Year 2021 Review

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The median price of Single Family homes in the Naples area* sold in the 6 months to June 2021 increased 33% from $435,000 to $580,000, while sales increased 64% from 2,595 to 4,251.

The median price of Condos sold in the 6 months to June 2021 increased 16% from $272,000 to $316,000, while sales more than doubled from 2,491 to 5,163.

Keep reading for charts and more details:

Closed Sales

Over the last 12-months sales of SFs over $500,000 and Condos over $300,000 more than doubled:

New Listings have increased this year:

But active inventory (properties available for sale) has plummeted:



Because sales are taking place more quickly:

Historically, the Naples housing market’s activity in the first half of the year is not sustained during the second half of the year. However, since tourism to Florida is expected to increase this summer and buyers from foreign countries may also begin to arrive in the coming months, a return to more normalized buying behavior in the second half of the year remains uncertain.

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?”

Here are reports on the different areas of the market in Naples:
North Naples June Housing Market
Naples Beach June Housing Market Summary
South Naples June Housing Market Summary
East Naples June Housing Market Summary
Central Naples June Housing Market Summary

*this map shows the zipcodes included in the above reports, which together make the “Naples Area” in NABOR reports:

And read these articles:

Are mortgage rates heading up or down?
Buyers are overpaying, but are there signs of a bubble?

Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®

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.”