January 2026 NABOR Real Estate Market Report

January brought steady momentum as the Naples real estate market moved further into balance. Buyer activity increased significantly, prices adjusted slightly, and inventory levels continued supporting a more normalized market environment. Here’s a simple look at what the January NABOR report shows and what it means for buyers and sellers.

QUICK MARKET SNAPSHOT

• Closed Sales: 564 (+0.5%)
• Median Closed Price: $627,500 (–4.1%)
• Pending Sales: 1,065 (+40.3%)
• Inventory: 6,328 homes (–10.6%)
• Months of Inventory: 9.2 months
• Strongest Sales Price Range: $300,000 & below
• Top Property Type: Condos
• Most Active Bedroom Count: 4 bedrooms or more

OVERALL MARKET OVERVIEW
January continued the positive momentum seen late last year, with buyer activity rising sharply. Pending sales jumped more than 40% compared to January 2025, showing strong buyer confidence as the new year began. Increased price adjustments and a steady flow of listings helped bring more buyers back into the market.

Overall closed sales remained stable year over year, increasing slightly by 0.5%. While sales volume held steady, the market showed clear signs of normalization rather than rapid growth.

The median home price decreased 4.1% year over year to $627,500. This adjustment reflects ongoing price corrections — particularly within the condominium market — and signals a healthier environment where pricing aligns more closely with buyer expectations. Even with these shifts, home values remain well above pre-2020 levels.

Inventory declined 10.6% compared to last year, but with 9.2 months of supply, Naples continues to sit firmly in balanced-market territory. Buyers still have meaningful negotiating power and more options than during the previous seller-driven cycle.

Affordable homes under $300,000 once again led market activity, posting the strongest growth in sales. Larger homes with four or more bedrooms also remained highly active, driven by relocation buyers and families seeking additional space.

Single-Family vs. Condo Trends

Single-Family Homes: Median price increased 1.6% to $812,500

Condos: Median price decreased 3.4% to $450,000

The single-family market showed price resilience despite slightly fewer closed sales, while the condo segment experienced stronger sales growth paired with modest price adjustments. This shift suggests buyers are finding opportunities in the condo market as pricing becomes more competitive.

Bottom line: January confirmed that the Naples real estate market is continuing its transition into a balanced and sustainable phase. Buyers are returning as pricing becomes more realistic, inventory levels support choice and negotiation, and well-priced homes are still moving successfully.

For buyers, this means more opportunity and less urgency than in past years. For sellers, accurate pricing and strong presentation remain key to attracting today’s more selective buyers.

Overall, the market entered the new year active, stable, and positioned for steady movement heading into the spring season.

Every Naples neighborhood experiences market changes a little differently. While overall activity may be strong, what it means for your home depends on factors like location, property type, condition, and local competition.

If you’re curious how these trends affect your home or neighborhood, reach out to Matt Brown at (239) 580-8864 or visit our website to request a personalized market analysis.