Is Collier County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collier County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Collier County was a Neutral Market.

Key Takeaway

Collier County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Collier County, FL

How much do homes in Collier County, FL cost?

Median Sold Price

$649,796

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,324(+3.2%)

Key Takeaway

Homes in Collier County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Collier County was $649,796 in November 2024, up 3.2% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K$350K
+7.7%
2 $445.6K$469.8K
+5.4%
3 $697.5K$702.3K
+0.7%
4 $1.1M$1.1M
+6.4%
5+ $1.5M$1.7M
+18.8%

Summary: Collier County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Counties

Broward County
+8.4%
Miami-Dade County
+7.7%
Collier County
+3.2%
Lee County
-0.6%
Hendry County
-3.0%

Housing Supply in Collier County, FL

How many homes are available in Collier County, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6,0326,892+14.3%

Summary: The Collier County real estate market had 6,892 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 148169
+14.2%
2 1,9882,350
+18.2%
3 2,5722,884
+12.1%
4 9651,092
+13.2%
5+ 359397
+10.6%

Summary: The Collier County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 10.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
539428-20.6%

Asking Price vs. Sold Price

367 Homes Were Sold
Under Asking

50 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collier County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 428 homes were sold or pending in Collier County in November 2024, down by 20.6% month-over-month. Of the 428 sold homes, 86% were sold under asking, 12% were sold at asking, and 3% were sold over asking.

Days on Market for Collier County, FL

How long does it take to sell a home in Collier County, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days81 Days+34.0%

Summary: Homes in Collier County had an average of 81 days on market in Nov 2024, up by 34% compared to last year.

Breakdown of Home Sale Times

143 Homes Were Sold
Under 30 Days

131 Homes Were Sold
In 30 - 90 Days

154 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Collier County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 428 homes were sold in Collier County; 33% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Collier County, FL

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