West of US 41, the $1M+ single-family median sales price climbed 107% year-over-year to $6,200,000 in the 12 months ending May 31, 2026, even as the average sales price fell 11% to $5,542,160. Closed sales rose 39% to 438 units while available inventory fell 21% to 460 units, representing 13 months of supply. Condominium closed sales in the same corridor increased 19% to 548 units as the median price eased 7% to $1,875,000.
What did the William Raveis Naples luxury market data show in May 2026?
The single-family median price jumped to $6,200,000 this period even as the average price declined. That split signals buyer activity concentrated in a higher band of the market without reaching toward the very top of it. Inventory fell to 460 units, the tightest supply line west of 41 in recent memory, at 13 months of supply. Sellers in the $4M to $7M range are operating from a position of strength, while buyers waiting on the ultra-luxury tier to soften further may be watching the wrong segment.
Single-Family Properties — 12 Months Ending May 31, 2026
| Metric | Value | YoY Change |
|---|---|---|
| Closed Sales | 438 | +39% |
| New Listings | 750 | −16% |
| Available Inventory | 460 units | -21% |
| Months of Supply | 13 | - |
| Average Sales Price | $5,542,160 | -11% |
| Median Sales Price | $6,200,000 | +107% |
Source: William Raveis Luxury Market Report, May 2026. Southwest Florida MLS © 2026.
Condominiums — 12 Months Ending May 31, 2026
| Metric | Value | YoY Change |
|---|---|---|
| Closed Sales | 548 | +19% |
| New Listings | 989 | −11% |
| Available Inventory | 541 units | −19% |
| Months of Supply | 12 | - |
| Average Sales Price | $2,464,263 | −11% |
| Median Sales Price | $1,875,000 | -7% |
Source: William Raveis Luxury Market Report, May 2026. Southwest Florida MLS © 2026.
How did individual Naples luxury communities perform in May 2026?
Pelican Marsh posted the sharpest swing in the data, with closed sales up 123% year-over-year. The Park Shore, Moorings, Seagate and Coquina Sands waterfront segment posted a 106% increase in closed sales alongside a 3% gain in average price. Port Royal, Naples' highest-priced community in this snapshot, recorded an average sales price of $20,257,609 on 23 closed sales, an 18% decline from the prior year.
| Community | Inv | Inv % | Closed | Sales % | Mo. Supply | MoS % Chg | Avg Price | Price % |
|---|---|---|---|---|---|---|---|---|
| Aqualane Shores | 31 | -9% | 30 | +58% | 12.4 | -42% | $9,941,833 | -4% |
| Bonita Bay | 28 | -38% | 73 | -18% | 4.6 | -24% | $1,593,801 | -20% |
| Collier's Reserve | 11 | +38% | 10 | -17% | 13.2 | +65% | $2,280,000 | -23% |
| Fiddler's Creek | 52 | -4% | 91 | +63% | 6.9 | -41% | $1,532,183 | -8% |
| Grey Oaks | 18 | -5% | 37 | -10% | 5.8 | +5% | $4,993,486 | +11% |
| Isles of Collier Preserve | 57 | -8% | 106 | +13% | 6.5 | -19% | $1,507,604 | — |
| Kensington | 5 | — | 18 | +29% | 3.3 | -22% | $1,855,556 | +10% |
| Lely Resort | 61 | -15% | 120 | +32% | 6.1 | -36% | $1,118,407 | -10% |
| Marco Island | 214 | -19% | 408 | +17% | 6.3 | -21% | $1,966,451 | -1% |
| Mediterra | 19 | -27% | 37 | +42% | 6.2 | -49% | $3,510,743 | -18% |
| Monterey | 8 | +14% | 16 | -16% | 6.0 | +36% | $1,562,969 | -2% |
| Naples Park | 111 | -15% | 118 | +17% | 11.3 | -27% | $1,007,677 | +2% |
| Naples Reserve | 32 | -33% | 68 | +15% | 5.6 | -42% | $979,457 | -10% |
| Olde Naples | 63 | -15% | 66 | +65% | 11.5 | -48% | $6,385,758 | -6% |
| Park Shore / Moorings / Seagate / Coquina Sands Non-Waterfront | 101 | -10% | 123 | +50% | 9.9 | -40% | $5,281,621 | +4% |
| Park Shore / Moorings / Seagate / Coquina Sands Waterfront | 28 | -7% | 33 | +106% | 10.2 | -55% | $7,709,667 | +3% |
| Pelican Bay | 35 | -29% | 76 | +29% | 5.5 | -45% | $3,334,438 | -13% |
| Pelican Landing | 17 | -32% | 68 | +62% | 3.0 | -58% | $1,180,526 | -12% |
| Pelican Marsh | 23 | +64% | 49 | +123% | 5.6 | -26% | $1,877,087 | -8% |
| Pine Ridge | 34 | +13% | 23 | +5% | 17.7 | +8% | $6,217,826 | -14% |
| Port Royal | 25 | -31% | 23 | -18% | 13.0 | -16% | $20,257,609 | -15% |
| Quail Creek | 13 | +8% | 24 | +100% | 6.5 | -46% | $2,514,073 | +4% |
| Quail West | 21 | -5% | 41 | +14% | 6.1 | -20% | $4,415,432 | -3% |
| Royal Harbor | 27 | -4% | 23 | +28% | 14.1 | -25% | $4,639,011 | -5% |
| Talis Park | 10 | +67% | 10 | +11% | 12.0 | +50% | $4,548,000 | -9% |
| The Colony At Pelican Landing | 6 | — | 7 | +75% | 10.3 | -43% | $1,671,429 | -13% |
| Tiburon | 4 | +100% | 6 | +50% | 8.0 | +33% | $3,636,667 | +11% |
| Vanderbilt Beach | 41 | +11% | 22 | +5% | 22.4 | +6% | $4,546,364 | +16% |
| Vineyards | 25 | +4% | 66 | +12% | 4.5 | -7% | $1,287,636 | -4% |
Source: William Raveis Luxury Market Report, Community Snapshot, May 2026. Single-family residential. Southwest Florida MLS © 2026
What does the May 2026 William Raveis Naples luxury data tell us?
Where can I download the full William Raveis Naples luxury market report for May 2026?
The complete William Raveis Naples luxury market report for May 2026 is available below. The report covers all price tiers, community-level snapshots, and 12-month rolling trend data for the Southwest Florida MLS area west of US 41.
William Raveis Naples & Bonita Springs Luxury Properties Market Report, May 2026. Southwest Florida MLS © 2026.
Naples luxury real estate — frequently asked questions
What did the William Raveis report show for the Naples luxury market in May 2026?
The William Raveis Naples & Bonita Springs Luxury Properties Market Report for May 2026 covered the $1M and above segment west of US 41 for the 12 months ending May 31, 2026. Single-family closed sales rose 39% year-over-year to 438 transactions, while the median sales price climbed 107% to $6,200,000 and the average sales price fell 11% to $5,542,160. Available single-family inventory contracted 21% to 460 units, representing 13 months of supply. Condominium closed sales increased 19% to 548 units over the same period.
Is the single-family or condo market tighter for buyers west of US 41 right now?
The single-family segment is the tighter of the two, with 13 months of supply against 460 available units, a 21% year-over-year decline in inventory. The condo segment carries 12 months of supply on 541 available units, a 19% decline. Both segments favor sellers more than they did a year ago, though the single-family contraction has moved further in that direction. New single-family listings fell 16% to 750 over the trailing twelve months, a steeper decline than the 11% drop in condo listings.
Which Naples luxury community stood out in the May 2026 snapshot data?
Pelican Marsh recorded the strongest single-family movement in the May 2026 snapshot, with closed sales up 123% year-over-year to 49 transactions and inventory rising 64% to 23 units. The Park Shore, Moorings, Seagate and Coquina Sands waterfront segment also posted a notable gain, with closed sales up 106% to 33 transactions and average sales price up 3% to $7,709,667. Port Royal, by comparison, recorded 23 closed sales at an average price of $20,257,609, down 18% and 15% respectively from the prior year.
What does the May 2026 data signal for the Naples luxury market heading into next month?
Single-family new listings west of US 41 fell 16% to 750 over the trailing twelve months, while available inventory already stands 21% below year-ago levels at 460 units and 13 months of supply. If new listings continue to lag closed sales, supply has room to compress further from its current level. Buyers considering the single-family segment in the $4M to $7M range, where this month's median price activity concentrated, should expect competition to remain elevated in the near term.
How did Port Royal perform in the May 2026 William Raveis report?
Port Royal recorded 23 closed single-family sales in the 12 months ending May 31, 2026, an 18% decline from the prior year, with an average sales price of $20,257,609, down 15% year-over-year. Available inventory in Port Royal fell 31% to 25 units, representing 13.0 months of supply. As Naples' highest-priced community in this snapshot, Port Royal's pricing moves independently of the broader west-of-41 trend, which makes its limited sales volume more sensitive to a small number of individual transactions.
What luxury properties are currently available in Naples?
The listings below reflect current active inventory in the Naples luxury market, updated daily from the Southwest Florida MLS. For a personalized search by community, price range, or property type, browse all Naples luxury properties or contact Matt Brown directly.
Explore Naples luxury market resources from Matt Brown
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The headline number this month is the single-family median sales price west of US 41, which rose 107% year-over-year to $6,200,000 in the 12 months ending May 31, 2026. At the same time, the average sales price fell 11% to $5,542,160. Closed sales increased 39% to 438 transactions, and available inventory contracted 21% to 460 units. Numbers moving in opposite directions within the same data set usually mean one thing: the composition of who is buying has shifted, not the overall health of the market.
Condominiums told a steadier story across the same period. Closed sales rose 19% to 548 units while the median price eased 7% to $1,875,000, a far smaller swing than single-family produced. Pelican Marsh and the Park Shore, Moorings, Seagate and Coquina Sands waterfront corridor both posted closed sales gains above 100%. Those two areas are the clearest signs of where buyer demand concentrated this period.
The metric worth watching into next month is single-family new listings, which fell 16% to 750 over the trailing twelve months. If that pace holds, the current 13 months of supply west of US 41 has room to compress further.