Overall inventory of homes in Naples for November increased 38.8% to 3,795 properties from 2,734 properties in November 2022, according to the November 2023 Market Report by the Naples Area Board of REALTORS, which tracks home listings and sales within Collier County (excluding Marco Island). Buyers have not enjoyed a level of choice since September 2020. The month also included 1,080 price decreases resulting in a 3.3% decrease in overall median closed price. New listings increased 23% to 1,174, while overall closed sales decreased 6% to 537. Properties spend an average of 59 days on the market, up by 28%. The full report is available here.
The Florida Department of Transportation intends to provide motorists with more options to alleviate the traffic congestion in that busy...
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