Back HomeSWFL Real Estate Market Report 2017
Closed sales
• The number of closed sales year-to-date for Naples, Bonita Springs and Estero increased 9.6% year-over-year.
• Closed sales priced above $2 million increased 28.8% through June compared to the same period in 2016
(295 vs.229).
During the past 12 months sales in this category are up 4% over the 12 months ending June 30, 2016 (439 vs. 422).
New Listings/Inventory
• Available inventory on July 1, 2017 consisted of 6,443 units, an increase of less than 3% over July 1, 2016.
This represents 6.4 months of supply based on current absorption rates.
• During the 12 months ending June 30, 2017 a total of 19,006 new listings were added to the market, a decrease
of 5% from the prior 12 months ending June 30, 2016.
Average and Median Sales Price
• Year-to-date average sales price for the area increased 4.5% to $568,663 up from $544,231 for the same period in
2016. Median closed price is approximately the same as last year at $328,500.
• Average price of sales above $2 million fell 4% over the past 12 months to $3,674,253.
