Naples FL Real Estate Market Update February 2022
Naples FL is a beautiful place to live, and many people are interested in purchasing property here. The real estate market is constantly changing, and it can be difficult to keep up with the latest trends. However, some generalities can be made about the Naples FL real estate market. For example, prices generally rise during the winter months as more people are interested in purchasing vacation homes. Additionally, the number of homes for sale typically increases during this time as well, giving buyers a wider range of choices. If you’re thinking about purchasing Naples FL real estate, it’s important to stay up-to-date on the latest market trends.
The Naples FL Real Estate Market Report is published monthly and is designed to help buyers and sellers understand the key metrics that drive the market. With data presented in a clear and organized manner, you can easily see how the Naples FL real estate market is doing. You’ll be able to make informed decisions about what actions need to take next for success!
Metrics: Naples FL Real Estate Market Trends - Feb 2022
- Number of Sales by Month Naples FL - Feb 2022
- Number of Listings by Month - Naples FL - Feb 2022
- Avg Days on Market - Naples FL - Feb 2022
- Months of Inventory - Naples FL - Feb 2022
Number of Home Sales by Month in Naples FL - Feb 2022
In Feb 2022, the number of home sales in Naples FL was 837, 32 fewer homes sold and a 3.7% percent decrease from the previous month (Jan 2022). In the longer term, Home sales in Naples FL were at 1377, one year ago (Jan 2021). That is a 39% decrease.
Number of Listings by Month in Naples FL - Feb 2022
In Feb 2022, the number of homes for sale in Naples FL was 3505, 397 more homes listed for sale than the previous month (Jan 2022), an increase of 12.4 percent. In the longer term, the number of homes listed for sale in Naples FL was 5503, one year ago (Jan 2021). That is a 36 percent decrease year over year (Feb 2021 compared to Feb 2022).
Average Days on Market by Month in Naples FL - Feb 2022
In Feb 2022, the average days on market was 22 days in Naples FL. That is 1 fewer day than the previous month (January 2022), when the average number of days on market was 23 days. In the longer term, the average number of days on market was 74 days, one year ago (Jan 2021). The difference represents a 70 percent decrease.
Months of Inventory by Month in Naples FL - Feb 2022
There are four months of real estate Inventory in Naples FL in the current month (February 2022). The inventory level is unchanged from the previous month (January 2022). One year ago, the supply of homes for sale in Naples FL was also at 4 months.
Naples FL Real Estate Market Statistics - February 2022
|
STATISTIC |
CURRENT MONTH |
PREVIOUS MONTH |
PERCENT CHANGE |
|
Sales |
837 |
869 |
Decrease 3.7% |
|
Listings |
3505 |
3118 |
Increase 12.4% |
|
Avg Days on Market |
22 |
23 |
Decrease 1 Day |
|
Months of Inventory |
4 |
4 |
No change |
Summary: Naples FL Real Estate Market Trends - February 2022
- Number of Sales in Naples FL - Feb 2022: 837, a 3.7 percent decrease from the previous month (Jan 2022). In the longer term, home sales were 1377 one year ago (Feb 2021), a 39 percent decrease year over year (Feb 2021 compared to Feb 2022).
- Number of Homes for Sale in Naples FL - Feb 2022: 3505 that’s 397 more homes listed for sale than the previous month (Jan 2022), an increase of 12.4 percent. In the longer term, the number of homes listed for sale in Naples FL was at 5503, one year ago (Jan 2021). That is a decrease of 36 percent year over year (Feb 2021 compared to Feb 2022).
- Average Days on Market in Naples FL - Feb 2022: 22 Days, that’s 1 days less than the previous month (Jan 2021), when the average days on market was 23. Looking back one year, the average number of days on market was 74 days.
- Months of Inventory in Naples - Feb 2022: 4 months of inventory in Feb 2022. That is the same inventory level as the previous month (Jan 2022), when there was a 4 months supply of homes listed for sale. The number of months of inventory in Naples was at 4 one year ago (Jan 2021).
The demand side of the equation continues to be very strong. The market continues to favor sellers at this time. If you’re thinking about selling your home in Naples FL, now could be a good time to put your home on the market.
If you’re thinking about purchasing a vacation home in Naples FL, be aware that prices are at record highs and often are not supported by closed sale comparables. I hope this report has been helpful. If you have questions about the Naples FL real estate market or any other real estate market in the area, please contact us.
The information for Naples FL Homes for Sale & Real Estate Trends is provided by the Naples Area Board of Realtors (NABOR) and Southwest Florida Multiple Listing Service (MLS). Information such as square foot median price date, the following property types, single-family, condos, median sale price, home values, new listings, Collier market compared to nearby markets and, average price, are intended as valuable educational programs and deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, decimals rounded and, may not be used for any purpose other than the identification of potential properties for purchase. Data courtesy and Copyright 2022 Southwest Florida Multiple Listing Service. All Rights Reserved.
