Naples Condo Inventory

The number of Naples condominiums available for sale at the beginning of October was 4716. The absolute number of listings increased by 41 condos over the 4675 listings at the beginning of September. Therefore, the months of inventory remained stable at 29 months. Viewing the months of inventory for the 12 month moving average trend shows a downward trend from February. The months of inventory in February was 37 months, while at the beginning of October it was 29 months.

Graph for the number of months for Naples condos available for sale.

The 3 month moving average is showing an upwards trend due the volume of closed sales declining while the number of available condos for sale have remained fairly stable around the 4700 level.

The 6 month moving average for the current period is showing an upward trend due to the closed sales declining.

The 9 month moving average trend is flat due to the declining closed sales.

The Naples condo market remains a strong buyers market. In the next couple of days more market condition reports will be posted here.

You may want to see a future graph depicting why purchasing a condominium residence should be a serious consideration at this time, if you are thinking about making a condo purchase.