From The 239 Weekly

Naples Home Sales, August 2026: Prices Flat, Inventory Down 16%, Rates Jump to 7.28%

The Naples Area Board of REALTORS® released its August numbers on Sept. 25. Sales inched up, prices held flat, and the shelf of available homes kept getting shorter.

Aerial view of Naples waterfront homes along canals, with Gulf-front high-rises and the beach in the background

The August 2026 Market Report from the Naples Area Board of REALTORS® (NABOR), which covers Collier County excluding Marco Island, shows a market that kept selling through the slow summer months while listings dried up. Here is what the numbers say, and what changed in mortgage rates since.

In August 2026, the Naples median closed price was $575,000, down 1.7% from $585,000 a year earlier, while closed sales rose 1.1% to 622 and inventory fell 16.3% to 4,093 homes, according to NABOR's August 2026 Market Report released Sept. 25, 2026.

The headline numbers

Overall market (single-family + condo)

Median closed price$575,000 (-1.7%)
Closed sales622 (+1.1%)
Pending sales769 (+1.9%)
New listings792 (-15.5%)
Inventory4,093 (-16.3%)
Months of supply5.4 (vs. 8.1)
Average days on market99 (vs. 107)
Price decreases790 (-30.2%)

All changes compare August 2026 with August 2025.

Single-family homes vs. condos

Single-family homes

Closed sales350 (+5.1%)
Median closed price$717,500 (-1.7%)
Inventory1,994 (-17.5%)
Median price, year to dateUp 4.1%

Condominiums

Closed sales272 (-3.5%)
Median closed price$417,500 (+2.7%)
Inventory2,099 (-15.2%)
Median price, year to dateDown 4.3%

Naples single-family homes and condos moved in opposite directions in August 2026. Single-family sales rose 5.1% to 350 while the median slipped 1.7% to $717,500. Condo sales fell 3.5% to 272, but the condo median rose 2.7% to $417,500, per NABOR.

Why prices aren't rising with inventory this low

Usually a shrinking supply pushes prices up. NABOR's release quotes Cindy Carroll of Carroll & Carroll Appraisers & Consultants pointing out that this isn't happening yet: home prices in Naples have stayed relatively stable even though inventory has dropped sharply over the last 15 months. Year to date, the overall median is down just 0.8%.

One detail stands out. The August 2026 median of $575,000 is exactly the same median NABOR reported for August 2022, at the height of the post-pandemic run.

The report also flags a seasonal pattern to watch. Between August 2025 and January 2026, new listings pushed months of supply from 7.6 to 9.2. If that repeats, the report notes Naples could start the new year with more than seven months of inventory.

Naples had about 5.4 months of housing supply in August 2026, down from 8.1 months in August 2025, according to NABOR. Last year, supply rose by 1.6 months between August and January as new listings arrived for season, and a repeat would put supply above seven months.

Mortgage rates: a quarter-point jump

30-year fixed (Freddie Mac PMMS, Oct. 1, 2026)

This week7.28%
Last week7.03%
A year ago6.34%
15-year fixed6.60%

According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed rate rose 25 basis points in a single week. The August sales numbers above were recorded before this move, so September and October reports will be the first to show whether higher borrowing costs change buyer behavior heading into season.

Buyers weighing a move before the Dec. 31, 2026 homestead deadline tied to Amendment 3 can find the details in our full Amendment 3 explainer.

Statistics from the NABOR August 2026 Market Report, released Sept. 25, 2026. NABOR's September report is scheduled for release Oct. 23, 2026.

CNE Certified Negotiation ExpertBroker Associate, Downing-Frye Realty18+ Years Southwest Florida

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