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Summer Slowdown or Buyer’s Market? Naples Real Estate Update for June 2025

Summer Slowdown or Buyer’s Market? Naples Real Estate Update for June 2025

If you’ve been holding out for a better time to buy in Naples, this might be your moment.

According to the Naples Area Board of REALTORS® June 2025 Market Report, inventory rose 18.2% compared to last June, offering buyers the most summer options they’ve had in over a decade. And while the summer months usually bring a dip in listings, the opposite seems to be happening—giving savvy shoppers a shot at deals while others are vacationing.

Let’s break it down.

🏡 More Homes, Less Pressure

This summer, house hunters in Naples are seeing a boost in available listings. The total number of active listings jumped to 5,885 in June 2025, compared to 4,978 in June 2024. That’s a +18.2% increase, giving buyers a lot more breathing room to browse—and potentially negotiate.

Meanwhile, median closed prices slid slightly from $595,000 to $576,000—a 3.2% drop that’s unlikely to rattle sellers with significant equity but could open doors for buyers who sat out last year’s price hikes.

📈 Here’s What’s Really Going On

The big-picture numbers tell a story of a stable market with a few plot twists:

Metric

June 2024

June 2025

% Change

Total Closed Sales

733

744

+1.5%

Pending Sales

711

722

+1.5%

Median Closed Price

$595,000

$576,000

-3.2%

New Listings

926

877

-5.3%

Inventory

4,978

5,885

+18.2%

Avg. Days on Market

77

98

+27.3%

But here’s the kicker: 1,282 sellers pulled their homes off the market in June—a potentially costly decision if this summer shapes up to be a solid sales season.

🏘️ Single-Family vs. Condos: Who’s Winning?

  • Single-family homes saw a 10.1% increase in closed sales, with the median price dipping a modest 1.7% to $712,500.

  • Condominium sales fell by 7.6%, and prices dropped more significantly—down 5.5% to $453,500.

  • Inventory rose for both: +13.2% for single-family homes and +23.3% for condos.

Translation? Single-family homes are holding stronger in both pricing and buyer interest, but condo buyers have more room to negotiate.

💸 What About the Luxury Market?

Surprise: High-end real estate is still sizzling. Homes priced over $5 million saw a 13.6% jump in closed sales over the past year.

Also worth noting: the average sales price across all properties rose 12.4% to over $1.2 million, suggesting that even with median prices softening, big-ticket properties are still commanding strong demand.

⏳ What Happens Next?

Many locals and agents expect Naples’ market to stay steady through the summer, especially since most sellers aren’t under pressure to cut deals. Many homes are owned outright, with no looming mortgage to force a sale.

And while inventory feels like it’s climbing, some of that’s an illusion—especially with sellers pulling listings until later in the year in hopes of better offers. Inventory was actually down 21% in Q2 when looking quarter-over-quarter, thanks to strong closings and delistings.

🧠 NNN Takeaway

The Naples June 2025 real estate market is balancing out—offering more inventory, slightly lower prices, and a healthy mix of luxury momentum and bargain-hunter opportunities.

If you’re a buyer, this could be your season. If you’re a seller, there's still plenty of equity on the table—but the longer you wait, the more competition you might face.

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