March 2017

March 2017

Your Leading Resource for Business

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www.NABOR.com www.NaplesArea.com

1455 Pine Ridge Road Naples, FL 34109

Overall Market Statistics by Price

$0-‐$300K $300K-‐$500K $500K-‐$1M $1M-‐$2M $2M+ TOTAL

Mar 2016 Mar 2017 506 517 269 322 206 240 91 103 64 80 1,136 1,262

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. 2% 4,465 4,043 -‐9% 375 381 2% 4,510 4,056 -‐10% 20% 2,407 2,548 6% 184 250 36% 2,297 2,292 0% 17% 1,629 1,663 2% 151 170 13% 1,518 1,493 -‐2% 13% 675 625 -‐7% 51 67 31% 637 580 -‐9% 25% 455 401 -‐12% 33 49 48% 390 352 -‐10% 11% 9,631 9,280 -‐4% 794 917 15% 9,352 8,773 -‐6% Median > $300K

Inventory

Mar 2016 $ 211 $ 380 $ 687 $ 1,430 $ 2,910 $ 323 $ 558

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 $ 215 2% $ 205 $ 215 5% 1,527 $ 375 -‐1% $ 379 $ 377 -‐1% 1,503 $ 628 -‐9% $ 660 $ 650 -‐2% 1,382 $ 1,300 -‐9% $ 1,350 $ 1,313 -‐3% 627 $ 3,150 8% $ 3,200 $ 3,150 -‐2% 612 $ 340 5% $ 311 $ 320 3% 5,651 $ 521 -‐7% $ 525 $ 515 -‐2%

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 18% 1,785 1,697 -‐5% 151 188 25% 1,801 1,606 -‐11% $ 795 12% 2,617 2,458 -‐6% 213 243 14% 2,531 2,324 -‐8% $ 380 4% 1,601 1,560 -‐3% 113 135 19% 1,583 1,491 -‐6% $ 240 6% 1,618 1,513 -‐6% 135 163 21% 1,531 1,455 -‐5% $ 235 12% 1,875 1,895 1% 171 171 0% 1,789 1,753 -‐2% $ 285 0% 63 57 -‐10% 4 4 0% 53 48 -‐9% $ 239 11% 9,559 9,180 -‐4% 787 904 15% 9,288 8,677 -‐7% $ 320

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 $ 785 -‐1% $ 725 $ 730 1% 1,315 $ 406 7% $ 375 $ 380 1% 1,630 $ 252 5% $ 230 $ 240 4% 720 $ 242 3% $ 230 $ 235 2% 869 $ 315 11% $ 278 $ 295 6% 1,008 $ 298 25% $ 222 $ 246 11% 35 $ 336 5% $ 210 $ 320 52% 5,577

Inventory

Average DOM

Mar 2017 % Chg. Mar 2016 Mar 2017 % Chg. 1,841 21% 59 70 19% 1,634 9% 81 91 12% 1,472 7% 85 117 38% 765 22% 116 122 5% 678 11% 132 204 55% 6,390 13% 76 96 26%

Overall Market Statistics by Area

Naples Beach North Naples Central Naples South Naples East Naples Immokalee/Ave Maria TOTAL

Mar 2016 Mar 2017 239 282 276 309 183 191 199 210 219 246 5 5 1,121 1,243

Average DOM

Mar 2017 % Chg. Mar 2016 Mar 2017 % Chg. 1,467 12% 82 114 39% 1,878 15% 68 104 53% 813 13% 60 78 30% 992 14% 70 94 34% 1,111 10% 93 76 -‐18% 47 34% 120 142 18% 6,308 13% 76 95 25%

Legend Geographic Location Naples Beach: North Naples: Central Naples: South Naples: East Naples: Immokalee/Ave Maria:

USPS Zip Codes 34102, 34103, 34108 34109, 34110, 34119 34104, 34105, 34116 34112, 34113 34114, 34117, 34120, 34137 34142

Calculations are based on property listings that exist within Southwest Florida MLS. Only properties in Collier County, excluding Marco Island, are included. *Counts for breakdowns of available inventory for prior years are unavailable. **Median Sold Prices are unavailable for periods with zero sales reported. The median refers to the middle value in a set of statistical values that are arranged in ascending or descending order, in this case prices at which homes were actually sold. Data entry anomalies and non-Naples zip codes may result in minor discrepencies. However, these anomalies are statistically insignificant. Single Family Homes are tabulated using properties with a building design of Single Family, Villa Detached, or Manufactured. Condo units are tabulated using properties with a building design of Low-Rise, Mid-Rise, High-Rise or Villa Attached.

March 2017


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Single Family Market Statistics by Price

$0-‐$300K $300K-‐$500K $500K-‐$1M $1M-‐$2M $2M+ TOTAL

Mar 2016 Mar 2017 173 163 151 180 122 132 46 54 49 62 541 591

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. -‐6% 1,530 1,331 -‐13% 130 114 -‐12% 1,522 1,324 -‐13% 19% 1,439 1,581 10% 120 142 18% 1,386 1,452 5% 8% 1,041 1,039 0% 90 105 17% 903 957 6% 17% 413 366 -‐11% 26 35 35% 396 352 -‐11% 27% 335 302 -‐10% 25 39 56% 301 272 -‐10% 9% 4,758 4,619 -‐3% 391 435 11% 4,508 4,357 -‐3% Median > $300K

Inventory

Mar 2016 $ 229 $ 390 $ 663 $ 1,500 $ 2,950 $ 400 $ 525

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 $ 250 9% $ 225 $ 243 8% 346 $ 385 -‐1% $ 390 $ 385 -‐1% 807 $ 625 -‐6% $ 665 $ 635 -‐5% 910 $ 1,200 -‐20% $ 1,350 $ 1,350 0% 419 $ 3,000 2% $ 3,275 $ 3,200 -‐2% 514 $ 422 5% $ 398 $ 400 1% 2,996 $ 533 2% $ 530 $ 519 -‐2%

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 18% 727 668 -‐8% 53 75 42% 697 639 -‐8% $ 1,360 6% 1,259 1,178 -‐6% 100 110 10% 1,206 1,140 -‐5% $ 500 19% 771 767 -‐1% 52 61 17% 758 717 -‐5% $ 336 -‐24% 614 547 -‐11% 44 52 18% 567 526 -‐7% $ 334 20% 1,288 1,360 6% 132 127 -‐4% 1,192 1,246 5% $ 287 -‐40% 57 44 -‐23% 4 3 -‐25% 46 38 -‐17% $ 239 9% 4,716 4,564 -‐3% 385 428 11% 4,466 4,306 -‐4% $ 395

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 $ 1,225 -‐10% $ 1,050 $ 1,050 0% 634 $ 531 6% $ 510 $ 525 3% 907 $ 325 -‐3% $ 320 $ 310 -‐3% 364 $ 346 4% $ 302 $ 339 12% 382 $ 327 14% $ 285 $ 315 11% 626 $ 319 33% $ 223 $ 262 17% 29 $ 421 7% $ 397 $ 400 1% 2,942

Inventory

Average DOM

Mar 2017 % Chg. Mar 2016 Mar 2017 % Chg. 368 6% 68 52 -‐24% 869 8% 78 81 4% 957 5% 80 123 54% 494 18% 136 150 10% 548 7% 146 183 25% 3,236 8% 84 100 19%

Single Family Market Statistics by Area


Mar 2016 Mar 2017 92 109 128 136 80 95 80 61 147 176 5 3 532 580

Average DOM

Mar 2017 % Chg. Mar 2016 Mar 2017 % Chg. 683 8% 87 144 66% 979 8% 78 110 41% 364 0% 63 75 19% 400 5% 89 88 -‐1% 711 14% 92 74 -‐20% 43 48% 120 146 22% 3,180 8% 94 98 4%


USPS Zip Codes 34102, 34103, 34108 34109, 34110, 34119 34104, 34105, 34116 34112, 34113 34114, 34117, 34120, 34137 34142

Calculations are based on property listings that exist within Southwest Florida MLS. Only properties in Collier County, excluding Marco Island, are included. *Counts for breakdowns of available inventory for prior years are unavailable. **Median Sold Prices are unavailable for periods with zero sales reported. The median refers to the middle value in a set of statiscical values that are arranged in ascending or descending order, in this case prices at which homes were actually sold. Data entry anomalies and non-Naples zip codes may result in minor discrepencies. However, these anomalies are statistically insignificant. Single Family Homes are tabulated using properties with a building design of Single Family, Villa Detached, or Manufactured. Condo units are tabulated using properties with a building design of Low-Rise, Mid-Rise, High-Rise or Villa Attached.

March 2017


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Condominium Market Statistics by Price

$0-‐$300K $300K-‐$500K $500K-‐$1M $1M-‐$2M $2M+ TOTAL

Mar 2016 Mar 2017 333 354 118 142 84 108 45 49 15 18 595 671

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. 6% 2,935 2,712 -‐8% 245 267 9% 2,988 2,732 -‐9% 20% 968 967 0% 64 108 69% 911 840 -‐8% 29% 588 624 6% 61 65 7% 615 536 -‐13% 9% 262 259 -‐1% 25 32 28% 241 228 -‐5% 20% 120 99 -‐18% 8 10 25% 89 80 -‐10% 13% 4,873 4,661 -‐4% 403 482 20% 4,844 4,416 -‐9% Median > $300K

Mar 2016 $ 195 $ 364 $ 735 $ 1,425 $ 2,837 $ 258 $ 606

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 $ 203 4% $ 190 $ 200 $ 353 -‐3% $ 365 $ 365 $ 649 -‐12% $ 675 $ 700 $ 1,473 3% $ 1,345 $ 1,300 $ 3,400 20% $ 2,925 $ 2,962 $ 275 7% $ 252 $ 255 $ 500 -‐17% $ 512 $ 505

# Pending # Closed 12-‐month 12-‐month 12-‐month 12-‐month ending ending ending ending % Chg. 03/2016 03/2017 % Chg. Mar 2016 Mar 2017 % Chg. 03/2016 03/2017 % Chg. Mar 2016 18% 1,058 1,029 -‐3% 98 113 15% 1,104 967 -‐12% $ 742 17% 1,358 1,280 -‐6% 113 133 18% 1,325 1,184 -‐11% $ 250 -‐7% 830 793 -‐4% 61 74 21% 825 774 -‐6% $ 210 25% 1,004 966 -‐4% 91 111 22% 964 929 -‐4% $ 180 -‐3% 587 535 -‐9% 39 44 13% 597 507 -‐15% $ 272 6 13 117% 0 1 7 10 43% $ -‐ 13% 4,843 4,616 -‐5% 402 476 18% 4,822 4,371 -‐9% $ 258

Median Closed Price (,000's) 12-‐month 12-‐month ending ending Mar 2017 % Chg. 03/2016 03/2017 $ 600 -‐19% $ 620 $ 653 $ 293 17% $ 255 $ 260 $ 186 -‐11% $ 175 $ 185 $ 215 19% $ 188 $ 197 $ 240 -‐12% $ 260 $ 263 $ 240 $ 212 $ 234 $ 272 5% $ 252 $ 255

Condominium Market Statistics by Area


Mar 2016 Mar 2017 147 173 148 173 103 96 119 149 72 70 0 2 589 663

Inventory % Chg. 5% 0% 4% -‐3% 1% 1% -‐1%

Mar 2016 1,181 696 472 208 98 2,655

Mar 2017 1,473 765 515 271 130 3,154

Inventory % Chg. 5% 2% 6% 5% 1% 10% 1%

Mar 2016 681 723 356 487 382 6 2,635

Mar 2017 784 899 449 592 400 4 3,128

Average DOM % Chg. Mar 2016 Mar 2017 % Chg. 25% 54 78 44% 10% 85 102 20% 9% 93 107 15% 30% 97 91 -‐6% 33% 88 287 226% 19% 69 93 35%

Average DOM % Chg. Mar 2016 Mar 2017 % Chg. 15% 80 94 18% 24% 59 99 68% 26% 57 81 42% 22% 61 97 59% 5% 100 81 -‐19% -‐33% 0 131 19% 68 93 37%


USPS Zip Codes 34102, 34103, 34108 34109, 34110, 34119 34104, 34105, 34116 34112, 34113 34114, 34117, 34120, 34137 34142

Calculations are based on property listings that exist within Southwest Florida MLS. Only properties in Collier County, excluding Marco Island, are included. *Counts for breakdowns of available inventory for prior years are unavailable. **Median Sold Prices are unavailable for periods with zero sales reported. The median refers to the middle value in a set of statiscical values that are arranged in ascending or descending order, in this case prices at which homes were actually sold. Data entry anomalies and non-Naples zip codes may result in minor discrepencies. However, these anomalies are statistically insignificant. Single Family Homes are tabulated using properties with a building design of Single Family, Villa Detached, or Manufactured. Condo units are tabulated using properties with a building design of Low-Rise, Mid-Rise, High-Rise or Villa Attached.

March 2017


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Most Recent 12 Months

Month to Month

8,773

Closed

917

Closed

9,352

794

Mar 2017

Mar 2017

Mar 2016

Mar 2016

9,280

Pending

1,262

Pending

9,631

8,200 8,400 8,600 8,800 9,000 9,200 9,400 9,600 9,800

1,136 0

200

400

600

Median Closed Price (,000's)

800

1,000

1,200

1,400

Inventory

12 Months Ending

Mar 2017

$515

Median Price > $300


6,390

$525 Mar 2017 Mar 2016

Median Price $-‐

$320 $311 $100 $200 $300 $400 $500 $600

5,651

Mar 2016

5,200

5,400

5,600

5,800

6,000

6,200

Calculations are based on property listings that exist within Southwest Florida MLS. Only properties in Collier County, excluding Marco Island, are included.

6,400

6,600