Naples Real Estate Market Report February 2026

The February real estate market in Naples is showing strong momentum as we move into the spring season. Buyer activity has increased significantly, with pending sales rising by 56 percent compared to February 2025. The condominium market led this surge, with an impressive 83 percent increase in pending sales, highlighting renewed confidence in that segment.

This demand is translating into real movement, as closed sales also increased by 21 percent year over year, confirming that buyers are actively moving through to closing.

Inventory Continues to Tighten

While demand is rising, supply is moving in the opposite direction. Total inventory declined by 15 percent, bringing active listings down to 6,447 properties. At the same time, new listings dropped by 14 percent, with only 1,527 homes entering the market in February.

This imbalance between supply and demand is creating a more competitive environment, particularly for homes that are positioned correctly in the market.

Pricing Strategy Matters More Than Ever

The data and current market activity are pointing to one clear trend. Well priced properties are selling. Sellers are adjusting to market conditions, with more than 2,100 price changes recorded throughout the month.

These adjustments are helping homes attract attention and move more efficiently. Despite these shifts, overall pricing remains stable, with the median closed price at $647,500, showing only a slight year over year change.

What This Means for Buyers and Sellers

The current market conditions are creating both opportunity and urgency. Buyers are active and motivated, but with inventory declining, desirable homes are moving quickly and competition is increasing.

Waiting for shifts in interest rates may not necessarily lead to better opportunities, especially as supply continues to tighten.

For sellers, this is a strong window to enter the market. With fewer listings available and consistent demand, properly priced homes are seeing solid activity and faster absorption.

How Bonnycastle Realty Can Help

At Bonnycastle Realty, we take a hyper local and data driven approach to every client we work with. Market conditions can vary significantly depending on location, property type, and price point, which is why having the right strategy matters.

Whether you are considering buying, selling, or simply want a better understanding of your position in today’s market, our team is here to guide you with insight, experience, and a personalized approach tailored to your goals.