Click to search for homes for sale in Naples, Bonita Springs, Estero or Marco Island.

Naples Real Estate Market Update: Solid 2013 Year

On January 17th, the Naples Area Board of REALTORS® (NABOR®) reported that the 2013 year indicated stabilization for the Naples real estate market.

Here's the report:

  • Pending sales are up 7% overall 2012-2013
  • Closed Sales are up 8% overall 2012-2013
  • Median Closed Price is up 17% overall 2012-2013
  • Inventory is down 23% overall 2012 - 2013
  • The days on the market are down 14% overall 2012 - 2013

"Naples, Fla. (January 16, 2014) – All signs point to stabilization for the local housing market as evidenced in the 2013 Annual Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Overall pending and closed sales for homes over $300,000 increased by double digits in 2013." 

"According to the report, the overall housing market inched ahead of activity reported in 2012, which was considered a recovery year by market expert Cindy Carroll, SRA, with the real estate appraisal and consultancy firm Carroll & Carroll, Inc. Overall median prices for properties between $300,000 - $2 million leveled off in 2013 with little or no change. However, median prices in the lower-end (under $300,000) and higher-end ($2 million+) increased 16 and 5 percent, respectively."

The NABOR® 2013 Annual Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® Annual 2013 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:


• Overall closed sales in both the $300,000 - $500,000 and $2 million and above segments increased 27 percent from 1,366 in 2012 to 1,730 in 2013 and 234 in 2012 to 298 in 2013, respectively. 
• Median prices for single family homes in the $300,000 and below category increased by 17 percent from $150,000 in 2012 to $175,000 in 2013.
• Overall inventory decreased by 18 percent from 6,557 properties in 2012 to 5,403 properties in 2013.
• Inventory in the condo market decreased by 23 percent.
• Closed sales in the single-family market rose 1 percent, while closed sales in the multi-family or condo market rose 8 percent."

To see the full NABOR report, visit www.NaplesArea.com.  

Click to begin your search for homes for sale in Naples, Bonita Springs, Estero or Marco Island.