Naples & Bonita Springs Real Estate: This Week's Market Pulse
Naples' median sale price sits at $1.3 million over the trailing three months, down 10.4% year over year, while homes are selling faster than a year ago. Marco Island's median rose 3.2% to $1.0 million. Bonita Springs is showing a milder pullback, with a recent snapshot putting the median near $550,000, down 2.2% year over year. This is Redfin listing data, a different methodology than the MLS closed sales figures NABOR and CCOR publish monthly.
NABOR and CCOR, the official boards for Naples/Collier and Bonita Springs/Estero, publish their market reports once a month. In between those releases, here is a lighter weekly pulse using Redfin's data center, useful for spotting a trend line even though the underlying methodology (active listings and recorded sales) is not identical to the board data.
This Week's Numbers
What Stands Out
Naples' double digit median price decline looks dramatic, but a trailing three month median can swing hard based on which price tiers happened to close in that window, especially in a market with as much luxury activity as Naples. Marco Island moved the other direction, and Bonita Springs is showing a smaller, more believable softening. None of this should be read as a forecast. It is a snapshot of what actually recorded over a rolling window, and the fuller, board level picture returns when NABOR's next report lands September 18.
Frequently Asked Questions
Is this the same data as NABOR's market report?
No. This pulse uses Redfin's listing based data as a lighter, weekly directional read. NABOR's and CCOR's monthly reports use MLS closed sales figures and remain the authoritative source.
Why did Naples' median price drop so much?
A trailing three month median is sensitive to the mix of homes that closed in that window. A dip in high end closings can pull the median down without reflecting a broad based price decline.
When is the next official market report?
NABOR's next monthly report is expected September 18.
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