According to Naples Area Board of Realtors data, overall residential real estate inventory in the Naples area increased 36% in December, with new listings rising 26%. Last month, 5,695 pieces of inventory were on the market, with 1,184 new listings. Meanwhile, there were 626 pending sales, a 7% year-over-year increase, and 594 overall closed sales, a 5% increase. Homes spent an average of 84 days on the market, selling for a median closed price of $600,000.