April 2024 Real Estate Market Statistics for Naples, Florida

The upward trajectory of home values in Naples continued in April 2024 with an increase of 4 percent since the same time last year. Our city’s rising home values have showed no signs of slowing down.

Luxury. Lifestyle. Leisure: Naples.

If you’re looking for the luxe life, once you’re within Naples’ city limits, you have
arrived.

In Naples luxury meets leisure. Impressive estate homes and golf course communities are populated by Royal Palms that sway in warm Gulf breezes. Fine dining offers a bounty of ocean delights in an assortment of cuisines. High-end shopping awaits, along with lively arts and culture.

Carpets of golf greens snuggle up to upscale communities, and stretches of white sands punctuate our beautiful coast. Whether you’re a retiree, an empty-nester, snowbird, or an investor, you can have it all here in Naples.

If you’re searching for a new home, and you’re thinking about buying a luxury home in Naples or a lovely property in another part of Southwest Florida, your investment in our region will be a wise one!

Here are highlights of the thriving real estate market and economy in Naples.

Essential April 2024 Real Estate Market Statistics for Naples and Southwest Florida

Take a look at this snapshot of home sales and the dynamics of the real estate market in Naples for April 2024:

The median sales price for single-family homes in Naples rose by 4 percent in April 2024 from April 2023.

A median sales price increase to $650,000 since April 2023 accounted for the 4 percent appreciation of single-family home values.

In April homes for sale in Naples remained on the market for just a little over one month before being purchased. So, it’s smart to move swiftly when you find a home you love!

Other Reasons Why There’s No Better Time Than Now to Buy a Home in Naples

Check out this composite of recent employment and economic data for Naples and other portions of Southwest Florida:

Labor Force and Employment

In Collier County the unemployment rate in April 2024 was 3.5 percent, according to calculations by Florida Gulf Coast University (FGCU). Although this figure is an increase of .1 percent from the previous month, it’s still significantly lower than the U.S. national average of 3.9 percent in April 2024—per data from the U.S. Bureau of Labor Statistics.

Taxable Sales

State and local municipalities raise revenue through sales tax. Here’s a look at snapshots of taxable sales figures for Collier County, and other portions of Southwest Florida:

Per measurements by researchers at FGCU, seasonally-adjusted real taxable sales in Collier County totaled $1.018 billion in March 2024. That’s a 1 percent increase from the prior month.

In Lee County the seasonally-adjusted real taxable sales amounted to $1.608 billion in March 2024, which is 1 percent below the previous month.

Tourist Tax Revenues

Seasonally-adjusted real tourist tax revenues in Collier County in March 2024 totaled 3.7 million—9 percent higher than March 2023.
In Lee County seasonally-adjusted real tourist tax revenues were $3.4 million in March 2024. That’s a 21 percent jump from March 2023.
In March 2024 seasonally-adjusted real tourist tax revenues in coastal counties amounted to $7.8 million—a 14 percent increase from the same time last year.

Airport Passenger Activity

Figures from FGCU show that airport passenger traffic at Southwest Florida International Airport (RSW) equaled 878,603 in April 2024. That’s a 16 percent increase from April 2023.

Check Out These Upcoming Events in Naples

Bark on the Ark

During Bark on the Ark, you and your family can embark upon a fun sightseeing cruise to Keewaydin Island–including your beloved fur baby! This voyage along Naples Bay may be populated with a variety of wildlife, like dolphins, manatees, and eagles! Once this dog-friendly trip reaches its destination, you and your furry friend can frolic. You’ll be provided with a doggy bag for your pet, which will include dog treats and water, a tennis ball for play, and waste bags.

Event details: purefl.com; Cruise departs from Tin City: 1200 Fifth Ave. S., Naples, Florida 34102; phone: 239.263.4949; June 8th from 8 a.m. to 11:00 a.m.

Naples Father’s Day Craft & Vendor Market

Event details: hometownvendormarket.com; Coastland Center: 1900 Tamiami Trail N., Naples, Florida 34102; June 15th from 11 a.m. to 8 p.m., and June 16th from 12 p.m. to 6:00 p.m.

REALTORS® Alexandra Janz and Juergen Haeringer Are Your Premier Real Estate Brokers

At Alexandra Janz AJ International Group Naples, the team of Alexandra Janz & Juergen Haeringer, Broker Associates & Luxury Properties Specialists with William Raveis-Florida, LLC, help clients realize their dreams of purchasing a luxury home and basking in the glow of the Naples and Southwest Florida luxury lifestyle. Alexandra is not only an expert in the real estate market in Naples and Southwest Florida, but in international markets as well.

Find out how much your home is worth now!

Are You Buying or Selling a Home in Naples?

Selling your home is a big deal, so you need to work with a REALTOR® who can get it right. We know how to market your home to all the right buyers, regardless of its price point. We’ll help you sell your home quickly and at the best possible price!

If you’re looking for a home for sale in Naples, we’re here to help. We specialize in luxury real estate and can show you any listing. In the meantime, please feel free to explore what’s available now:.

You can also browse all Naples homes for sale.

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