Top Large Teams in Naples, Florida – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    10Bowers GroupCompassNaples, FL$81,003,496View Profile
    14The Gogan TeameXp RealtyNaples, FL$61,520,469View Profile
    21The Premier GroupColdwell Banker RealtyNaples, FL$52,616,456View Profile
    23Feins GroupCompassNaples, FL$49,311,000View Profile
    68The Omni GroupCompassNaples, FL$16,116,190View Profile

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    2023 Naples, Florida Housing Market Summary

    Naples, Florida started 2023 with a total of 1,295 single-family homes on the market, with a median home price of $1,050,000 and an average price per square foot of $781. By the end of the year, inventory had increased to 1,660 homes on the market (+28%), with a median home price of $1,200,000 (+14%) and an average price per square foot of $842 (+7%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had remained the same at 70 days.

    Naples started the year with 32% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 36% of Naples homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Naples started 2023 as a balanced buyer and seller’s market, with an MAI score of 32; by the end of the year, the MAI had dropped to 24 – a buyer’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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