August 2024 Real Estate Market Statistics for Naples, Florida

August 2024 Real Estate Market Infographic for Naples, Florida

August 2024 Real Estate Market Statistics for Naples, Florida

In August 2024 property values in Naples were unchanged as compared to the same time last year. This speaks to the stability of our housing market and the appeal of our city.

Naples: Luxury. Defined.

In Naples resort-style living, luxury, and leisure are a daily way of life.

With long stretches of white-sand beaches, warm Gulf breezes, plentiful golf greens, and stunning estate residences, you couldn’t ask for more in a city!

A leisurely day in Naples can mean walking beaches with sugary-soft sands, wading into warm Gulf waters, rounds of golf on carpet-like greens, high-end shopping, and a plethora of fine dining. There’s also a variety of arts and culture happenings to suit just about any interest.

There isn’t much that our beautiful city doesn’t offer!

If you’re thinking about buying a luxury home in Naples, or a beautiful property elsewhere in Southwest Florida, a decision to invest will be a wise one!

Check out these highlights of the real estate market and economy in Naples.

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

Here is a snapshot of home sales and the dynamics of the real estate market in Naples for August 2024:

In Naples the median sales price for single-family homes was unchanged in August 2024 as compared to August 2023.

A median sales price of $600,000 in August 2024 resulted in an unchanged value of single-family homes in comparison to August 2023.

Homes for sale in Naples remained on the market for less than three months before being purchased by interested buyers. So, it’s smart to move quickly once you’ve found a home you love!

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

Take a look at this composite of recent employment and economic data for Naples and other areas of Southwest Florida:

Labor Force and Employment

In August 2024 the unemployment rate in Collier County was 3.2 percent, as per data published by Florida Gulf Coast University (FGCU). The U.S. Bureau of Labor Statistics reported that in August 2024 the national unemployment rate was 4.2 percent—one full percentage point higher than that of Collier County.

Taxable Sales

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

Researchers at FGCU found that seasonally-adjusted real taxable sales in Collier County totaled $1.007 billion in June 2024.

In Lee County seasonally-adjusted real taxable sales amounted to $1.657 billion in June 2024—1 percent higher than the previous month.

Taxable sales figures above are derived from the most current data published by FGCU at the time of this writing.

Tourist Tax Revenues

Seasonally-adjusted real tourist tax revenues in Collier County were $3.7 million in July 2024.

In Lee County seasonally-adjusted real tourist tax revenues measured $3.2 million in July 2024. That’s 19 percent over July 2023.

In coastal counties seasonally-adjusted real tourist tax revenues amounted to 7.8 million in July 2024—an increase of 9 percent since July 2023.

Airport Passenger Activity at Southwest Florida International Airport

At RSW seasonally-adjusted airport passenger traffic totaled 927,499 in August 2024, according to analysts at Florida Gulf Coast University. That’s 2 percent higher than the passenger traffic in August 2023.

Check Out These Upcoming Events in Naples

Boo at the Zoo

Calling all ghosts and goblins for a Halloween celebration you won’t want to miss! At Boo at the Zoo children aged 12 and under can partake of trick-or-treating, and all attendees will enjoy a zoo that’s been transformed into a “living movie scene” that includes costumed characters, a dinosaur, mini unicorns, pirates, princesses, superheroes, and other festivities!

Event details: napleszoo.org; Naples Zoo at Caribbean Gardens: 1590 Goodlette-Frank Rd, Naples, Florida, 34102; phone: 239-315-7626; Oct. 11th through 13th from 9 a.m. to 1 p.m.; Oct. 18th through 20th from 9 a.m. to 1 p.m.

Stone Crab Festival

Come one, come all to the 14th annual Stone Crab Festival. When you attend, you’ll enjoy live music, the wares of arts and crafts vendors, and a ton of seafood options, including the focus of the festival—the stone crab!

Event details: stonecrabfestival.com; Tin City: 1500 Fifth Ave. S, Naples, FL 34102; phone: 239.262.4200; Oct. 25th through 27th; starts at 5 p.m. on Oct. 25th.

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.

FREE Home Valuation

Fill out the form below and we will send you a FREE NO OBLIGATION CMA on your home that includes your homes' true value in todays market, recent nearby sold comparisons, pending properties and more valuable market data.

Name(Required)

First Last

Phone Number(Required)

Email(Required)

Property Address(Required)