Southwest Florida January 2019 Real Estate Review

Naples 2019 January Real Estate Review

The latest statistics for Collier County, including Naples, show 2019 Real Estate activity for January is off to a very good start for single family home sales. Closed sales for the month were up double digits. Also, the average sales price increased by almost 30 percent for the month. Additionally, inventory was up almost 20 percent which means there are more options available for buyers.  With the increase in inventory, we now have over 9 months worth of single family homes to sell. Similarly, there is more than 7 months supply of condos available for sale. A balanced market typically has 6-7 months supply of properties available for sale. At this point, we are now in a buyers market for single family homes and condos in the greater Naples area.

2019 Real Estate Activity in January for Single Family Homes

2019 Real Estate


January 2019 Real Estate Highlights for Collier County Single Family Homes:

  • Closed sales increased 10.5 percent up to 327 from 296 homes sold
  • Inventory rose 18.1 percent up to 3,851 compared to the previous year when there were 3,262 homes for sale
  • Median days to contract increased to 103 days which represented a 19.8 percent increase
  • Average sales price rose up to $930,320 from $717,316 which was a 29.7 percent increase over last year
  • The total months’ supply of inventory increased by 13.3 percent compared to January of last year

While the average sales prices rose this January compared to last year during the same time, both the median home sales price and pending sales have decreased. Finally, in addition to increased inventory, the median days to contract and the median days on market increased significantly. Therefore, it is taking much longer for individuals to sell their homes compared to last year.  As we head into the height of season, home sellers should reassess their sales price if they want to sell their home before season comes to an end.

2019 Real Estate Activity in January for Condos

2019 January Real Estate Stats for Condos

January 2019 Real Estate Highlights for Collier County Condos:

  • Closed sales decreased by 18.3 percent down to 309 from 378 condos sold
  • Inventory rose 14.2 percent up to 4,121 compared to the previous year when there were 3,610 condos for sale
  • Median days on market increased slightly to 118 days which represented a 1.7 percent increase
  • Average sales price rose 1.2 percent to $481,468 from $475,521 last year
  • The total months’ supply of inventory increased by 8.3 percent compared to January of 2018

Condo sales in January were slower than single-family homes. Similar to single family homes, both inventory and the total supply of condos for sale put us in a buyers market. Additionally, both closed sales and pending sales showed double-digit decreases for the month. However, the average days to contract and average days to close only rose slightly.  Provided your home is priced correctly, you should expect it to take just over 2.5 months to enter into a contract. Now is the time to evaluate your listing price if you are selling to make sure you are competitive with other properties if you want to sell your home in the near future.

Bottom Line:

If you are a buyer, now is a great time to move forward and buy your dream home or dream condo. If you are selling a home, review your sales price with your agent to be sure you are priced competitively.

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2019 January Real Estate Statistics for Collier County

2019 January Collier County Real Estate Statistics for Condos

Begin Your Own Property Search:

Private GolfSo, are you ready to begin your search for your Southwest Florida Luxury dream home or condo?  We encourage you to explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and would be happy to help you navigate more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs. Now is a great time to start your property search with all the new inventory.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

luxury lifestyleConsidering Selling Your Home?

If you are looking to sell a home in Bonita Springs, Estero or Naples, we encourage you to work with a real estate professional or consultant who has the experience and knowledge to provide an accurate market comparison so you can determine the right asking price. If you live in a golf community in southwest Florida, you are competing with more than 150 other golf communities.  Contact us today to learn how your home or condo stacks up against the competition and how we can position your property to sell quickly and for a fair price.

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at

About Matthew Klinowski, PA

Naples Golf GuyThe above information about January 2019 real estate trends was provided by Naples Golf Guy, Matt Klinowski, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single family home or condo in Naples, Bonita Springs or Estero, contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.

Contact Matt:

or at 239-370-0892