NAPLES & BONITA SPRINGS
LUXURY PROPERTIES MARKET REPORT
MAY 2025
NAPLES & BONITA SPRINGS
Single-Family Properties
CLOSED SALES
• The number of closed sales in the 12 months ending May 31st, 2025 for the Naples and Bonita Springs Area decreased 11% year-over-year (5,563 vs 6,244).
• There were 76 closed sales priced above two million in May 2025 compared to 99 in May 2024; a 23% decrease. During the 12 months ending May 31st, 2025, sales in this category decreased 2% over the same time period in 2024 (704 vs 718 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending May 31st, 2025, a total of 10,748 new listings were added to the market, this is a 6% increase vs the same time period 12 months ending May 31st, 2024.
• Available inventory as of May 31st, 2025 consisted of 5,013 units, an increase of 20% vs the same time period in 2024. Current inventory represents 11 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $1,284,670, a 9% increase vs the same time period in 2024.
• The median sales price for the area in May 2025 decreased 11% to $678,700 vs May 2024.
NAPLES & BONITA SPRINGS
Condominiums
CLOSED SALES
• The number of closed sales in the 12 months ending May 31st, 2025 for the Naples and Bonita Springs Area decreased 14% year-over-year (3,900 vs 4,555).
• There were 29 closed sales priced above two million in May 2025 compared to 77 in May 2024; a 62% decrease. During the 12 months ending May 31st, 2025, sales in this category decreased 36% over the same time period in 2024 (292 vs 457 units).
NEW LISTINGS / INVENTORY
• During the 12 months ending May 31st, 2025, a total of 8,418 new listings were added to the market, a 7% increase vs the same time period 12 months ending May 31st, 2024.
• Available inventory as of May 31st, 2025 consisted of 4,266 units, an increase of 19% vs the same time period in 2024. Current inventory represents 13 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $774,995, a 7% decrease vs the same time period in 2024.
• The median sales price for the area in May 2025 decreased 13% to $453,750 vs May 2024.
List and Buy Your Property With the #1 Luxury Broker in Naples*
#1 Market Share in Port Royal #1 Market Share in Aqualane Shores
#1 Market Share in Olde Naples
The Leader in the Luxury Market
PORT ROYAL to BONITA BEACH ROAD AREA
Single-Family Properties
LUXURY MARKET $1M+ (WEST OF 41)
CLOSED SALES
• The number of closed sales in the 12 months ending May 31st, 2025 for the luxury market from Port Royal to Bonita Beach Road Area decreased 0.3% year-over-year (313 vs 314).
NEW LISTINGS / INVENTORY
• During the 12 months ending May 31st, 2025, a total of 882 new listings were added to the market, an increase of 13% compared to the same time period 12 months ending May 31st, 2024.
• Available inventory as of May 31st, 2025 consisted of 568 units, a 17% increase vs the same time period in 2024 (568 vs 485). Current inventory represents 22 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $6,224,629 an increase of 42% vs the same time period in 2024.
• The median sales price for the area in May 2025 increased 21% to $3,026,000 vs May 2024.
PORT ROYAL to BONITA BEACH ROAD AREA
Condominiums
LUXURY MARKET $1M+ (WEST OF 41)
CLOSED SALES
• The number of closed sales in the 12 months ending May 31st, 2025 for the luxury market from Port Royal to Bonita Beach Road Area decreased 27% year-over-year (459 vs 633).
NEW LISTINGS / INVENTORY
• During the 12 months ending May 31st, 2025, a total of 1,132 new listings were added to the market, a decrease of 3% vs the same time period 12 months ending May 31st, 2024.
• Available inventory as of May 31st, 2025 consisted of 674 units, a 17% increase vs the same time period in 2024 (674 vs 578). Current inventory represents 18 months of supply based on current absorption rates.
AVERAGE & MEDIAN SALES PRICE
• The year-over-year average sales price for the area was $2,780,102 increasing 8% vs the same time period in 2024.
• The median sales price for the area in May 2025 decreased 22% to $2,012,500 vs May 2024.
NAPLES & BONITA SPRINGS
Single-Family Properties
YEAR-OVER-YEAR MARKET TRENDS
Condominium Properties
Single-Family Properties YEAR-OVER-YEAR MARKET TRENDS
Condominium Properties
We are honored to have won Top Brokerage by Inman1, the voice of Realtors® across the country. We are also grateful for these global and national luxury awards:
• #1 Luxury Broker in the World2
• Winner Best Luxury Real Estate Brokerage in CT, FL, MA, NY & SC3
• Winner Top 100 Real Estate Brokers & Developers of the World4
• Overall Winner HGTV Ultimate House Hunt5
• 99% customer satisfaction rating6
#1 LUXURY BROKER IN THE WORLD IN 2018
COMMUNITY SNAPSHOT REPORT
Single-Family Properties
12 MONTHS ENDING MAY, 2025
SOUTHWEST FLORIDA COMMUNITY GUIDE
- City of Naples
- North Naples (North of Pine Ridge Road)
- South Naples (South of Pine Ridge Road)
- Bonita Springs
AQUALANE SHORES
City of Naples
BONITA BAY
Bonita Springs
COLLIER’S RESERVE
North Naples
GREY OAKS
South Naples & City of Naples
ISLE OF COLLIER
PRESERVE
South Naples
KENSINGTON
South Naples
LELY
MEDITERRA
MONTEREY
North Naples
NAPLES
South Naples
OLD
City
PARK
City
PELICAN
North
PELICAN
Bonita
PELICAN
North
PINE
PORT
City
QUAIL
North
QUAIL
North
ROYAL
City
North