🌴 April 2025 Naples Real Estate Market: A Surge in Buyer Activity

April 2025 marked a significant uptick in buyer engagement within the Naples housing market. According to the Naples Area Board of REALTORS® (NABOR®), the month experienced the highest number of closed sales reported in 2025 thus far, signaling a robust resurgence in market activity.

📊 Key Market Metrics

• Closed Sales: 893 homes were sold in April, representing a 12.3% decrease from April 2024's 1,018 sales. However, this figure denotes an 8.9% increase compared to March 2025, highlighting a month-over-month improvement.

• Pending Sales: 1,004 pending sales were recorded, a 10% decline from April 2024's 1,115, yet higher than the previous 10 months, indicating sustained buyer interest.

• Median Closed Price: The median price dropped by 10% year-over-year to $585,000, down from $650,000 in April 2024, suggesting increased affordability for buyers.

• Inventory: There were 7,254 homes for sale, marking a 33.5% increase from the previous year, providing buyers with more options in the market.

• Days on Market: Homes averaged 84 days on the market, up from 66 days in April 2024, reflecting a 27.3% increase.

• Months Supply of Inventory: The supply rose to 11.2 months, a 49.3% increase from April 2024, indicating a shift towards a buyer's market.

🏡 Market Trends and Insights

The substantial increase in inventory, coupled with a decrease in median prices, has created favorable conditions for buyers. Sellers are responding to market dynamics, with 2,572 price reductions reported in April, demonstrating a willingness to negotiate and meet buyer expectations.

The most active price segment was homes priced at $300,000 and below, which saw a 25.9% increase in sales. Single-family homes experienced the strongest sales, and properties with four or more bedrooms were particularly popular among buyers.

🔍 Conclusion

April 2025's real estate data indicates a market leaning towards buyers, with increased inventory and more competitive pricing. While year-over-year sales have dipped, the month-over-month growth and heightened buyer activity suggest a dynamic market environment.

For a visual representation of these statistics, refer to the April 2025 Infographic.

Thinking about buying or selling in Naples?
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📞 Call Brian J Giacomello at 239-281-5269
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