Home of the CLHMS TM
NAPLES
FLORIDA
2022 OCTOBER
Inventory Sales
$20,000,000+
$15,000,000 - $19,999,999
$10,000,000 - $14,999,999
$9,000,000 - $9,999,999
$8,000,000 - $8,999,999
$7,000,000 - $7,999,999
$6,000,000 - $6,999,999
$5,000,000 - $5,999,999
$4,000,000 - $4,999,999
$3,500,000 - $3,999,999
$3,000,000 - $3,499,999
$2,800,000 - $2,999,999
$2,600,000 - $2,799,999
$2,500,000 - $2,599,999
$2,400,000 - $2,499,999
11 12 22 13 6 16 16 19 38 18 27 22 9 6 10 0 0 0 0 0 0 4 0 2 6 2 0 3 0 1
Square Feet3 -RangePrice -Median SoldBeds -Median SoldBaths -Median SoldSold -TotalInventory -TotalSales Ratio -Sold/Inventory0 - 1,999 NA NA NA 0 16 0% 2,000 - 2,999 $4,500,000 3 3 3 37 8% 3,000 - 3,999 $3,475,000 4 4 8 58 14% 4,000 - 4,999 $3,325,000 4 5 2 55 4% 5,000 - 5,999 $6,425,000 4 6 2 32 6% 6,000+ $3,600,000 5 8 3 47 6% NAPLES SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | SEPTEMBER 2022 Luxury Benchmark Price 1: $2,400,000 Buyer's Market 245Total Inventory: 18Total Sales: 7%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
MEDIAN DATA REVIEW | SEPTEMBER 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 240 134 124 126 132 124 162 196 227 261 246 232 245 52 25 34 56 38 37 69 79 88 40 33 39 18 $3,352,500 $4,506,821 $3,825,000 $4,200,000 $3,686,500 $4,200,000 $4,680,000 $3,820,000 $4,210,000 $4,325,000 $5,700,000 $4,200,000 $3,600,000 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Naples single-family luxury market is a Buyer's Market with a 7% Sales Ratio. • Homes sold for a median of 92.33% of list price in September 2022. • The most active price band is $3,500,000-$3,999,999, where the sales ratio is 33% • The median luxury sales price for single-family homes is $3,600,000. • The median days on market for September 2022 was 27 days, up from 23 in September 2021. NAPLES SINGLE FAMILY HOMES NAPLES MARKET SUMMARY | SEPTEMBER 2022 VARIANCE: 2 % 240 245 Sept. 2021 Sept. 2022 TOTAL INVENTORY VARIANCE: 65 % 52 18 TOTAL SOLDS VARIANCE: 7 % $3.35m $3.60m SALES PRICE VARIANCE: 17 % 23 27 DAYS ON MARKET VARIANCE: 6 % 98.00% 92.33% SALE TO LIST PRICE RATIO VARIANCE: 4 % $935 $977 SALE PRICE PER SQFT. Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022
Inventory Sales
$5,100,000+
$4,600,000 - $5,099,999
$4,100,000 - $4,599,999
$3,600,000 - $4,099,999
$3,100,000 - $3,599,999
$2,600,000 - $3,099,999
$2,100,000 - $2,599,999
$2,000,000 - $2,099,999
$1,900,000 - $1,999,999
$1,800,000 - $1,899,999
$1,700,000 - $1,799,999
$1,600,000 - $1,699,999
$1,500,000 - $1,599,999
$1,400,000 - $1,499,999
$1,275,000 - $1,399,999
7 4 3 12 12 18 27 6 13 2 2 7 8 8 14 2 0 1 2 4 2 4 1 0 0 2 3 1 2 5
NAPLES ATTACHED HOMES Square Feet3 -RangePrice -Median SoldBeds -Median SoldBaths -Median SoldSold -TotalInventory -TotalSales Ratio -Sold/Inventory0 - 1,499 $1,695,000 2 2 3 10 30% 1,500 - 1,999 $2,000,000 3 2 7 35 20% 2,000 - 2,499 $2,022,500 3 3 8 34 24% 2,500 - 2,999 $1,650,000 3 3 5 32 16% 3,000 - 3,499 $2,994,542 3 4 2 20 10% 3,500+ $4,712,506 3 4 4 12 33% LUXURY INVENTORY VS. SALES | SEPTEMBER 2022 Luxury Benchmark Price 1: $1,275,000 Balanced Market 143Total Inventory: 29Total Sales: 20%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
111 81 88 107 83 74 94 106 131 154 140 129 143 55 35 43 64 52 53 83 88 113 70 22 35 29 $1,700,000 $1,680,000 $1,800,000 $1,884,000 $2,025,000 $2,250,000 $2,100,000 $1,962,500 $2,200,000 $2,350,000 $2,005,500 $1,800,000 $2,100,000 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 29 % 111 143 VARIANCE: 47 % 55 29 VARIANCE: 24 % $1.70m $2.10m SALES PRICE VARIANCE: 57 % 7 11 DAYS ON MARKET VARIANCE: 0 % 100.00% 100.00% SALE TO LIST PRICE RATIO VARIANCE: 12 % $837 $940 SALE PRICE PER SQFT. NAPLES MARKET SUMMARY | SEPTEMBER 2022 NAPLES ATTACHED HOMES • The Naples attached luxury market is a Balanced Market with a 20% Sales Ratio. • Homes sold for a median of 100.00% of list price in September 2022. • The most active price band is $1,700,000-$1,799,999, where the sales ratio is 100% • The median luxury sales price for attached homes is $2,100,000. • The median days on market for September 2022 was 11 days, up from 7 in September 2021. Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 Sept. 2021 Sept. 2022 MEDIAN DATA REVIEW | SEPTEMBER TOTAL INVENTORY TOTAL SOLDS