Top Medium Teams in Naples, Florida – Ranked by Sides

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2022 Market Summary

Naples, Florida started 2022 with a total of 553 single-family homes on the market, with a median home price of $809,000 and an average price per square foot of $650. By the end of the year, inventory had increased to 1,257 homes on the market (+127%), with a median home price of $999,000 (+23%) and an average price per square foot of $761 (+17%).

At the start of 2022, the median days on market (DOM) was 42 days – by the end of the year, median DOM had increased to 70 days.

Naples started the year with 21% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 33% of Naples homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Naples started 2022 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 27 – a buyer’s advantage.

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