Overall inventory and new listings in the Naples area residential real estate market experienced year-over-year increases in November of 39% and 23%, respectively, according to data from the Naples Area Board of Realtors. There were 3,795 pieces of inventory and 1,174 new listings in November, with overall pending sales down 14% and overall closed sales down 6% compared to November 2022. Homes spent an average of 59 days on the market with a median closed price of $580,000.