Naples Real Estate Market Report: September 2026

Prices Holding, Sales Up

The overall median closed price rose 4.5 percent to $575,000 in September, up from $550,000 a year ago. Closed sales increased 2.5 percent to 623, and year to date, closed sales are up 15.1 percent to 7,246. Sellers are also receiving a slightly larger share of their asking price, with percent of list price received rising to 94.8 percent from 93.9 percent.

Pending sales tell a more measured story, easing 6.8 percent to 702 compared with September 2025. Mortgage rates sit well above where they were last year, and as Elizabeth Hayes Hoffmann, founder of Bonnycastle Realty, notes, rates have become a real factor for some buyers. The result is a buyer who is still active, just more deliberate.

Inventory Is the Story

Overall inventory came down substantially from last year, falling 17.3 percent to 4,240 properties from 5,128. That puts months of supply at just 5.5, a 29.5 percent drop from 7.8 a year ago. Month over month, supply ticked up slightly from 5.4 in August, which is expected this time of year as new listings arrive ahead of season. New listings rose 4.8 percent to 1,073.

What does 5.5 months of supply mean in practice? For buyers searching for a specific type of property or a specific area, there may simply be less to choose from. Days on market fell 7.5 percent to 99, a sign that well positioned properties are moving.

A Market That Depends on Where You Look

The neighborhood reports make the hyperlocal picture clear. Single family months of supply sits at just 3.9 in North Naples, while Naples Beach single family inventory stands at 7.3 months. South Naples single family closed sales jumped 64 percent to 41, while North Naples single family closed sales dipped 14 percent to 74. In Naples Beach, the single family median closed price climbed to $2,764,500, while the condo median there eased to $887,500.

Property type matters as well. Across the overall market, the single family median closed price rose 3.1 percent to $747,500, while the condo median dipped 2.4 percent to $400,000.

Keeping an Eye on New Construction

New construction is another part of the picture we are watching closely. Builders have been offering meaningful incentives to buyers, which adds another layer to how resale properties compete, particularly in areas where new communities are active.

Looking Ahead

Naples is not a runaway market, and it is not a stalled one. As we head into season, we look forward to new inventory continuing to come to market as buyers look to spend the winter months here. Well priced properties are the ones getting the attention.

Overall statistics tell an important part of the story, but how your specific community fits within the larger picture tells the rest.

If you'd like to discuss your hyperlocal market or these stats in greater detail, let's talk.