Naples Real Estate pending and closed home sales decreased in November

Closed and pending sales in the Naples area for last month decreased 41% and 33%, respectively, compared to November 2021, according to the November 2022 Market Report by the Naples Area Board of Realtors, which tracks home listings and sales within Collier County, excluding Marco Island. Overall inventory increased 97% to 2,478 properties. The median closed price was $600,000 in October, up 20%. New listings were at 926, down 6%.