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NAPLES HOUSING INVENTORY DROPS IN FEBRUARY
Overall housing inventory in Naples dropped 72% to 1,176 in February compared to February 2021, according to the Naples Area Board of Realtors, which tracks home listings and sales within Collier County, excluding Marco Island. Overall pending sales declined 36% to 1,480, while new listings dropped by 14% to 1,261. There were 804 closed sales in February, down 40% from February of last year, with an average of 23 days on the market, down 69%. The median closed price increased 38% to $550,000.
The full report will be out on Friday , March 25th, 2022.