An aerial view shows residential neighborhoods and high-rise condominiums along the Collier County coastline. Naples-area home sales rose 2.5% in September from a year earlier, while housing inventory fell 17.3%, according to the Naples Area Board of Realtors.
Naples-area home sales increased 2.5% in September to 623 transactions, up from 608 a year earlier, according to Naples Area Board of Realtors data. The median sale price rose 4.5% to $575,000, while available inventory fell 17.3% to 4,240 properties. New listings increased 4.8% to 1,073, but pending sales declined 6.8% to 702. Homes spent an average of 99 days on the market, down from 107 days last September. Single-family median prices rose 3.1% to $747,500, while condominium prices fell 2.4% to $400,000.
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