NAPLES FLORIDA Home of the CLHMS TM 2022 AUGUST
97 12 11 17 15 8 6 22 12 20 4 5 3 5 9 13 4 0 0 2 1 1 2 4 1 1 2 1 0 1 $6,000,000+ $5,500,000 - $5,999,999 $5,000,000 - $5,499,999 $4,600,000 - $4,999,999 $4,200,000 - $4,599,999 $3,900,000 - $4,199,999 $3,600,000 - $3,899,999 $3,300,000 - $3,599,999 $3,000,000 - $3,299,999 $2,900,000 - $2,999,999 $2,800,000 - $2,899,999 $2,700,000 - $2,799,999 $2,600,000 - $2,699,999 $2,500,000 - $2,599,999 $2,400,000 - $2,499,999 Inventory Sales Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,999 NA NA NA 0 13 0% 2,000 - 2,999 $3,000,000 3 4 5 45 11% 3,000 - 3,999 $2,925,000 4 4 6 55 11% 4,000 - 4,999 $5,950,000 4 5 15 49 31% 5,000 - 5,999 $4,900,000 5 6 4 37 11% 6,000+ $8,500,000 6 7 3 47 6% NAPLES SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | JULY 2022 Luxury Benchmark Price 1: $2,400,000 Buyer's Market246Total Inventory: 33Total Sales: 13%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
MEDIAN DATA REVIEW | JULY 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 104 95 240 134 124 126 132 124 162 196 227 261 246 45 24 52 25 34 56 38 37 69 79 88 40 33 $3,999,999 $4,362,500 $3,352,500 $4,506,821 $3,825,000 $4,200,000 $3,686,500 $4,200,000 $4,680,000 $3,820,000 $4,210,000 $4,325,000 $5,700,000 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Naples single-family luxury market is a Buyer's Market with a 13% Sales Ratio • Homes sold for a median of 100.00% of list price in July 2022. • The most active price band is $2,700,000-$2,799,999, where the sales ratio is 40% • The median luxury sales price for single-family homes is $5,700,000. • The median days on market for July 2022 was 39 days, down from 122 in July 2021. NAPLES SINGLE FAMILY HOMES NAPLES MARKET SUMMARY | JULY 2022 VARIANCE: 137 % 104 246 Jul. 2021 Jul. 2022 TOTAL INVENTORY VARIANCE: 27 % 45 33 TOTAL SOLDS VARIANCE: 43 % $4.00m $5.70m SALES PRICE VARIANCE: 68 % 122 39 DAYS ON MARKET VARIANCE: 2 % 98.32% 100.00% SALE TO LIST PRICE RATIO VARIANCE: 13 % $1,053 $1,192 SALE PRICE PER SQFT. Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022
7 5 5 6 13 18 30 5 10 0 6 6 6 11 12 1 1 2 2 2 1 2 0 1 0 2 2 0 1 5 $5,100,000+ $4,600,000 - $5,099,999 $4,100,000 - $4,599,999 $3,600,000 - $4,099,999 $3,100,000 - $3,599,999 $2,600,000 - $3,099,999 $2,100,000 - $2,599,999 $2,000,000 - $2,099,999 $1,900,000 - $1,999,999 $1,800,000 - $1,899,999 $1,700,000 - $1,799,999 $1,600,000 - $1,699,999 $1,500,000 - $1,599,999 $1,400,000 - $1,499,999 $1,275,000 - $1,399,999 Inventory Sales NAPLES ATTACHED HOMES Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 999 NA NA NA 0 1 0% 1,000 - 1,999 $1,480,000 2 2 5 46 11% 2,000 - 2,999 $1,700,000 3 3 9 66 14% 3,000 - 3,999 $3,950,000 3 4 7 24 29% 4,000 - 4,999 $7,850,000 3 4 1 0 NA 5,000+ NA NA NA 0 3 0% LUXURY INVENTORY VS. SALES | JULY 2022 Luxury Benchmark Price 1: $1,275,000 Balanced Market140Total Inventory: 22Total Sales: 16%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
76 73 111 81 88 107 83 74 94 106 131 154 140 38 28 55 35 43 64 52 53 83 88 113 70 22 $2,465,500 $2,380,000 $1,700,000 $1,680,000 $1,800,000 $1,884,000 $2,025,000 $2,250,000 $2,100,000 $1,962,500 $2,200,000 $2,350,000 $2,005,500 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 84 % 76 140 VARIANCE: 42 % 38 22 VARIANCE: 19 % $2.47m $2.01m SALES PRICE VARIANCE: 74 % 62 16 DAYS ON MARKET VARIANCE: 2 % 98.50% 100.00% SALE TO LIST PRICE RATIO VARIANCE: 6 % $956 $1,013 SALE PRICE PERNAPLESSQFT. MARKET SUMMARY | JULY 2022 NAPLES ATTACHED HOMES • The Naples attached luxury market is a Balanced Market with a 16% Sales Ratio • Homes sold for a median of 100.00% of list price in July 2022. • The most active price band is $1,275,000-$1,399,999, where the sales ratio is 42% • The median luxury sales price for attached homes is $2,005,500. • The median days on market for July 2022 was 16 days, down from 62 in July 2021. Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 Jul. 2021 Jul. 2022 MEDIAN DATA REVIEW | JULY TOTAL INVENTORY TOTAL SOLDS