October 2024 Real Estate Market Statistics for Naples, Florida

Home values in Naples increased by nearly 3 percent in October 2024—a testament to the stable housing market and enduring appeal of our much sought-after city.

Naples: Luxury Unparalleled.

Resort-style living, luxury, and leisure is our lifestyle.

When you visit Naples, you’ll find a city like no other. Here, you can meander along white sand beaches, swim in warm Gulf waters, play rounds of golf on carpet-like greens, and choose from myriad options for fine dining and high-end shopping—not to mention an assortment of arts and culture events!

When you live in Naples, this luxury lifestyle can be your daily way of life. Thinking about buying a luxury home in Naples, or a gorgeous property elsewhere in Southwest Florida? Your investment will be a wise one.

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

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

Here is a brief summary of home sales and the dynamics of the real estate market in Naples for October 2024:

The median sales price for homes in Naples rose 2.8 percent from October 2023 to October 2024.

A median sales price of $568,500 in October 2024 equated to a 2.8 percent increase since the same month last year.

As you search among homes for sale in Naples be aware that once you find a property you love, it’s smart to move quickly. In October 2024 homes remained on the market for less than two-and-a-half months before being purchased.

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

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

Labor Force and Employment

In October 2024 unemployment in Collier County was 3.3 percent, per analysts at Florida Gulf Coast University (FGCU).

Unemployment nationwide was significantly higher at 4.1 percent in October 2024, according to the U.S. Bureau of Labor Statistics.

Unemployment rates for both Naples and nationwide were unchanged from September 2024 to October 2024.

Taxable Sales

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

Seasonally-adjusted real taxable sales in Collier County totaled $994.5 million in September 2024.

In Lee County, seasonally-adjusted real taxable sales amounted to $1.593 billion in September 2024.

Tourist Tax Revenues

Seasonally-adjusted real tourist tax revenues in Collier County measured $3.7 million in September 2024.

In Lee County seasonally-adjusted real tourist tax revenues were $3.5 million in September 2024.

Seasonally-adjusted real tourist tax revenues in coastal counties totaled 7.7 million in September 2024.

Airport Passenger Activity at Southwest Florida International Airport

Florida Gulf Coast University reports that RSW’s seasonally-adjusted airport passenger traffic totaled 854,139 in October 2024.

Check Out These Upcoming Events in Naples

Johnsonville Night Lights in the Garden

This annual event transforms the tropics into a festive holiday experience. At Johnsonville Night Lights in the Garden, you can take a trip through the Garden and experience it aglow with “thousands of lights.” There will be live music, opportunities for photos, and refreshments available for purchase.

Event details: naplesgarden.org; Naples Botanical Garden: 4820 Bayshore Drive, Naples, FL 34112; phone: 239.643.7275; tickets@naplesgarden.org, info@naplesgarden.org; Dec. 1st through Dec. 23rd—all day; Dec. 26 through Jan. 5, 2025 from 6 p.m. to 9 p.m.

Third Street South Farmer’s Market

After 30 years the Third Street South Farmer’s Market is still going strong! Since it was established in 1994 the market now touts over 60 local vendors who offer the best in fresh produce, seafood, baked goods, and other fine foods!

Event details: thirdstreetsouth.com; 3rd St. S. (between Broad Ave. and 13th Ave.), Naples, FL 34102; phone: 239. 649.6707; every Saturday from 7:30 a.m. to 11:30 a.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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