Home of the CLHMS TM
NAPLES FLORIDA
2023
JANUARY
$20,000,000+
$15,000,000 - $19,999,999
$10,000,000 - $14,999,999
$9,000,000 - $9,999,999
$8,000,000 - $8,999,999
$7,000,000 - $7,999,999
$6,000,000 - $6,999,999
$5,000,000 - $5,999,999
$4,000,000 - $4,999,999
$3,500,000 - $3,999,999
$3,000,000 - $3,499,999
$2,800,000 - $2,999,999
$2,600,000 - $2,799,999
$2,500,000 - $2,599,999
$2,400,000 - $2,499,999
15 17 31 12 18 25 23 33 41 34 36 26 14 9 15 1 1 1 1 3 2 4 8 6 4 5 1 10 0 1
Inventory Sales Square Feet3 -RangePrice -Median SoldBeds -Median SoldBaths -Median SoldSold -TotalInventory -TotalSales Ratio -Sold/Inventory0 - 1,999 $2,750,000 2 2 5 24 21% 2,000 - 2,999 $2,800,000 3 3 6 61 10% 3,000 - 3,999 $3,775,000 4 4 16 84 19% 4,000 - 4,999 $5,000,000 4 6 8 78 10% 5,000 - 5,999 $4,130,000 5 6 7 44 16% 6,000+ $9,112,000 6 7 6 58 10% NAPLES SINGLE - FAMILY HOMES LUXURY INVENTORY VS. SALES | DECEMBER 2022 Luxury Benchmark Price 1: $2,400,000 Buyer's Market 349 Total Inventory: 48 Total Sales: 14% 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 | DECEMBER 13 - MONTH LUXURY MARKET TREND 4 Solds Median Sales Price Inventory 126 132 124 162 196 227 261 246 232 245 301 335 349 56 38 37 69 79 88 40 33 39 18 39 31 48 $4,200,000 $3,686,500 $4,200,000 $4,680,000 $3,820,000 $4,210,000 $4,325,000 $5,700,000 $4,200,000 $3,600,000 $3,500,000 $3,000,000 $4,537,500 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-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 14% Sales Ratio. • Homes sold for a median of 95.12% of list price in December 2022. • The most active price band is $2,600,000-$2,799,999, where the sales ratio is 71% • The median luxury sales price for single-family homes is $4,537,500. • The median days on market for December 2022 was 39 days, up from 38 in December 2021. NAPLES SINGLE - FAMILY HOMES NAPLES MARKET SUMMARY | DECEMBER 2022 VARIANCE: 177 % 126 349 Dec. 2021 Dec. 2022 TOTAL INVENTORY VARIANCE: - 14 % 56 48 TOTAL SOLDS VARIANCE: 8 % $4.20m $4.54m SALES PRICE VARIANCE: 3 % 38 39 DAYS ON MARKET VARIANCE: - 3 % 98.15% 95.12% SALE TO LIST PRICE RATIO VARIANCE: 13 % $1,146 $1,294 SALE PRICE PER SQFT. Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022
$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
12 4 6 11 14 27 23 3 11 13 12 10 10 8 10 1 0 1 3 1 5 12 2 4 5 1 3 1 0 3
Inventory Sales NAPLES ATTACHED HOMES Square Feet3 -RangePrice -Median SoldBeds -Median SoldBaths -Median SoldSold -TotalInventory -TotalSales Ratio -Sold/Inventory0 - 1,499 $2,300,000 2 2 1 14 7% 1,500 - 1,999 $2,097,500 2 2 8 38 21% 2,000 - 2,499 $1,962,500 3 3 8 39 21% 2,500 - 2,999 $2,475,000 3 3 7 37 19% 3,000 - 3,499 $2,110,000 3 4 17 24 71% 3,500+ $11,250,000 5 5 1 22 5% LUXURY INVENTORY VS. SALES | DECEMBER 2022 Luxury Benchmark Price 1: $1,275,000 Seller's Market 174 Total Inventory: 42 Total Sales: 24% 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.
107 83 74 94 106 131 154 140 129 143 142 158 174 64 52 53 83 88 113 70 22 35 29 29 31 42 $1,884,000 $2,025,000 $2,250,000 $2,100,000 $1,962,500 $2,200,000 $2,350,000 $2,005,500 $1,800,000 $2,100,000 $2,100,000 $2,225,000 $2,152,500 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Solds Sale 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: 63 % 107 174 VARIANCE: - 34 % 64 42 VARIANCE: 14 % $1.88m $2.15m SALES PRICE VARIANCE: 122 % 9 20 DAYS ON MARKET VARIANCE: 0 % 100.00% 100.00% SALE TO LIST PRICE RATIO VARIANCE: - 4 % $903 $865 SALE PRICE PER SQFT. NAPLES MARKET SUMMARY | DECEMBER 2022 NAPLES ATTACHED HOMES • The Naples attached luxury market is a Seller's Market with a 24% Sales Ratio. • Homes sold for a median of 100.00% of list price in December 2022. • The most active price band is $2,000,000-$2,099,999, where the sales ratio is 67% • The median luxury sales price for attached homes is $2,152,500. • The median days on market for December 2022 was 20 days, up from 9 in December 2021. Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 Dec. 2021 Dec. 2022 MEDIAN DATA REVIEW | DECEMBER TOTAL INVENTORY TOTAL SOLDS