The Southwest Florida luxury market remains vibrant, with distinct trends emerging across Fort Myers, Naples, and Cape Coral. This report highlights new listings, pending sales, and closed sales that occurred specifically in November, offering a clear view of recent market activity.

Fort Myers Luxury Market

  • $1MM - $3MM:

    • New Listings: 167 | Pending Sales: 62 | Closed Sales: 47

    • Average Sale Price: $1,386,652

    • Median Sale Price: $1,225,000

  • $3MM - $5MM:

    • New Listings: 36 | Pending Sales: 5 | Closed Sales: 6

    • Average Sale Price: $3,102,000

  • $5MM - $10MM:

    • New Listings: 6 | Pending Sales: 2 | Closed Sales: 2

    • Average Sale Price: $7,350,000

  • $10MM+:

    • New Listings: 1 | Closed Sales: 1 | Highest Sale: $13,000,000

Naples Luxury Market

  • $1MM - $3MM:

    • New Listings: 286 | Pending Sales: 109 | Closed Sales: 84

    • Average Sale Price: $1,536,120

  • $3MM - $5MM:

    • New Listings: 58 | Pending Sales: 18 | Closed Sales: 7

    • Average Sale Price: $3,810,714

  • $5MM - $10MM:

    • New Listings: 56 | Pending Sales: 14 | Closed Sales: 11

    • Average Sale Price: $6,823,677

  • $10MM+:

    • New Listings: 21 | Closed Sales: 7 | Highest Sale: $29,070,000

Cape Coral Luxury Market

  • $1MM - $3MM:

    • New Listings: 60 | Pending Sales: 8 | Closed Sales: 6

    • Average Sale Price: $1,475,000

  • $3MM - $5MM:

    • New Listings: 5 | Pending Sales: 0 | Closed Sales: 0

  • $5MM - $10MM:

    • New Listings: 1 | Closed Sales: 0

  • $10MM+:

    • No new listings recorded in this segment.

Key Takeaways

  1. Naples Dominates: Naples saw the highest activity for new listings, pending sales, and closed sales, including a standout $29M sale.

  2. Fort Myers Growth: Strong activity for new listings in the $1MM-$3MM range, with some movement in the ultra-luxury market.

  3. Cape Coral Emerging: While slower in higher price segments, Cape Coral had steady new listings in the $1MM-$3MM range.

At The MyersGroup, we specialize in the luxury market of Southwest Florida. Let us help you navigate these opportunities with precision and expertise.