Naples October Market Update – Josh Bohling - LPT Realty SW FL

SW Florida October Market Update – Naples | Josh Bohling - LPT Realty SW FL

📍 Naples – Single Family Homes (September 2025 vs 2024)

📈 Closed sales: 287 (up 6.7%)
📦 Active inventory: 2,132 (up 0.9%)
🏡 New listings: 460 (down 1.3%)
💵 Median sales price: $755,000 (up 0.3%)
📉 Median Sold $/SqFt: $357 (down 2.2%)
⏳ Median days on market: 82 (up 35.5%)
📊 Months of supply: 7.4 (down 5.5%)
🔻 List-to-sale ratio: 94.2% (down 1.2%)

✅ Takeaway: The single-family market in Naples is showing remarkable stability with a slight increase in closed sales and median sales price. However, the significant increase in median days on market indicates that homes are taking longer to sell, suggesting a shift towards a more balanced market where buyers have more time to make decisions.

📍 Naples – Condos & Townhouses (September 2025 vs 2024)

📈 Closed sales: 258 (up 4.0%)
📦 Active inventory: 2,335 (up 8.3%)
🏡 New listings: 475 (down 8.7%)
💵 Median sales price: $415,000 (down 7.3%)
📉 Median Sold $/SqFt: $274 (down 6.0%)
⏳ Median days on market: 85 (up 17.4%)
📊 Months of supply: 9.1 (up 4.1%)
🔻 List-to-sale ratio: 93.2% (down 1.8%)

✅ Takeaway: The Naples condo/townhouse market is experiencing a slight cooling trend. While closed sales and active inventory are up, the median sales price and sold price per square foot have decreased. The increase in days on market and months of supply suggests a growing inventory, providing more options for buyers.

🧠 What Does It All Mean?

Single Family Homes → The Naples single-family market remains strong and stable, but the increased time on market suggests a move away from the frenzied pace of previous years. This creates a more favorable environment for buyers to negotiate and find the right property without feeling rushed.

Condos/Townhomes → The Naples condo/townhouse market is becoming more buyer-friendly. With more inventory and slightly lower prices, buyers have more leverage than they've had in recent years. This segment offers good value for those looking to enter the Naples market.

👉 The takeaway: Naples continues to be a desirable market, but the dynamics are shifting. The single-family home market is holding steady, while the condo market is opening up with more opportunities for buyers. Whether you're seeking a luxury estate or a convenient condo, the current market conditions in Naples are worth exploring.

📞 Thinking about making a move in Southwest Florida? Let’s talk strategy and find the right fit for you.

Josh