Naples Real Estate Market Update: April 2026

This is the market read for April 2026. For the latest figures, see the current Naples market report.

High season eased, traffic thinned, and the market did not cool. April pending sales rose 38.2 percent to 1,388 from 1,004 in April 2025, and the overall median closed price rose 7.7 percent to $630,000 from $585,000.

Sellers are pricing right the first time

The percent of list price received rose 0.3 percent, and fewer than 30 percent of homes for sale in April initiated a price decrease. A year earlier, price cuts were the norm. When inventory is not rising quickly, low offers stop working, and April proved it.

Condominiums outsold single family

There were 575 closed condominium sales in April against 493 single family. Condominium pending sales rose 51.4 percent. Associations moving to pooled reserves gave buyers something they had been missing, which is a clear view of what ownership actually costs. Once the math was legible, buyers acted.

Where the affordable inventory actually is

Over the trailing twelve months there were 1,083 closed condominium sales below $300,000 against only 192 single family. In April there were 527 condominiums for sale under $300,000 compared to 120 single family homes. Inventory fell in every other price category and property type, while the under $300,000 condominium market grew 3.9 percent. If you are buying at the entry level in Naples, that is the segment.

One deadline worth knowing

In August, Fannie Mae and Freddie Mac eliminated the limited review process for condominium buyers, requiring lenders to examine more data including an association's reserve fund status. Buyers financing a condominium after that date face a longer look from their lender.

Figures from the Naples Area Board of REALTORS monthly market report for Collier County, excluding Marco Island. Compiled by Michael Sutkus, PA, Downing-Frye Realty Inc. Deemed reliable, not guaranteed.