William Raveis Dustin Beard Luxury Market Report April 2025

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NAPLES & BONITA SPRINGS

LUXURY PROPERTIES MARKET REPORT APRIL 2025

NAPLES & BONITA SPRINGS

Condominiums

CLOSED SALES

• The number of closed sales in the 12 months ending April 30th, 2025 for the Naples and Bonita Springs Area decreased 14% year-over-year (3,989 vs 4,654).

• There were 39 closed sales priced above two million in April 2025 compared to 133 in April 2024; a 71% decrease. During the 12 months ending April 30th, 2025, sales in this category decreased 21% over the same time period in 2024 (339 vs 431 units).

NEW LISTINGS / INVENTORY

• During the 12 months ending April 30th, 2025, a total of 8,586 new listings were added to the market, a 9% increase vs the same time period 12 months ending April 30th, 2024.

• Available inventory as of April 30th, 2025 consisted of 4,907 units, an increase of 28% vs the same time period in 2024. Current inventory represents 15 months of supply based on current absorption rates.

AVERAGE & MEDIAN SALES PRICE

• The year-over-year average sales price for the area was $793,956, a 3% decrease vs the same time period in 2024.

• The median sales price for the area in April 2025 decreased 20% to $473,000 vs April 2024.

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NAPLES & BONITA SPRINGS

Single-Family Properties

YEAR-OVER-YEAR MARKET TRENDS

Condominium Properties

COMMUNITY SNAPSHOT REPORT

Single-Family Properties

12 MONTHS ENDING APRIL, 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

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