The Naples Real Estate Market Report showed positive momentum in September 2025, with closed sales increasing 11 percent to 602 transactions from 544 in September 2024. According to the September 2025 Market Report from the Naples Area Board of REALTORS® (NABOR®), which tracks residential real estate activity in Collier County excluding Marco Island, brokers point to the lack of storm activity this year as one reason for increased sales.
Pending sales increased 21 percent in September to 753 pending sales from 622 pending sales in September 2024. Monthly pending sales activity since May has outpaced 2024 levels. This year marked the first time September pending sales outpaced September pending sales in 2019. The sales momentum is closing the gap in overall months of inventory, which decreased from 13.1 months in January to 7.1 months in September.
The median closed price during September decreased 6 percent to $550,000 from $586,780 in September 2024, though this remains above the September 2019 median of $325,000. Single-family homes saw median prices decline 1.4 percent to $715,000, while condominiums experienced a larger decrease of 8.9 percent to $410,000. However, the ultra-luxury market (over $5 million) has seen its median closed price increase 7.5 percent over the last 12 months to $7,525,000.
Overall inventory increased 3 percent in September to 4,804 properties from 4,666 properties in September 2024. New listings decreased 12 percent to 972 new listings from 1,098 new listings. Brokers anticipate an increase in inventory in the coming months from shadow inventory.
Days on market until sale increased 29 percent to 107 days from 83 days. Geographically, Naples Beach showed the highest increase in sales activity for September, with single-family closed sales increasing 54.2 percent and condominium closed sales increasing 23.4 percent.
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