Naples is located in Collier County with a total population of 390,000 residents (2020 Census).
Collier County houses only 40% of Miami Dade’s population and was named as one of the fastest growing areas in the United States. County planners expect the population to increase to 535,000 by 2040.
Almost 300,000 residential units are needed to fulfill this population growth including non-residential vacation homes.
An unprecedented increase in home sales has happened since the pandemic started early 2020. In just one year the Naples MLS home inventory diminished to only 1,100 homes and condos for sale.
120 of them are new construction single family homes (08/2021).
A balanced real estate market in Naples has 7,500 homes for sale at any given time and an absorption rate of 6 months.