Closed and pending sales for October increased 23.7% and 8.7%, respectively, compared to closed and pending sales reported in September, according to the October 2022 Market Report by the Naples Area Board of Realtors, which tracks home listings and sales within Collier County (excluding Marco Island). A total of 525 listings were either terminated, expired or withdrawn from the Southwest Florida MLS during October, yet overall inventory increased 72.7% to 2,325 properties from 1,346 properties in October 2021. The median closed price was $555,000 in October, up 23%. New listings were at 908, down 14%.