PELICAN MARSH Q1 2026 MARKET REPORT

MEDIAN PRICE and SALES
The median price of Single Family sales in Q1 2026 topped $2 million for the first time since Q2 2024, while sales were sharply higher than in recent years.
Condo sales were also strong, with the median price being higher than in the second half of 2025.

INVENTORY
The absolute number of properties for sale has increased but is still below pre-COVID levels, as is the months of inventory stat.

SALE PRICE to LIST PRICE
The Sale Price to List Price (at the time of sale – green line) ratio has returned to its pre-Covid of 95%. The ratio to the Original List Price (blue line) has recovered from the 2025 lows, suggesting that sellers are being more realistic in their pricing.

PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
After the 2019 to 2022 spike, the PSF has been somewhat volatile, while sales have been quicker than for Naples overall