The Naples area housing market was resilient in October as it faced interruptions from two major hurricanes. There were 1,179 new listings in October, a 13.9% month-over-month increase, according to data from the Naples Area Board of Realtors. The overall median closed price decreased 3.6 % year over year, fueled by an 8.1% decrease in the condominium market. Overall inventory continues to rise to pre-pandemic levels. For October, inventory increased 30.9% to 4,746 properties from 3,627 properties in October 2023. While new listings were down 6.6% compared to October 2023, they increased 13.9% compared to September 2024. The overall median closed price in October was $568,500, a 3.6% year-over-year decrease. In the single-family home market, the median closed price increased 3.2% to $727,500. For condominiums, the median closed price decreased 8.1% to $413,750.