Naples and Grey Oaks Real Estate Update (May 2025)

Grey Oaks Naples Houses for Sale

While overall Naples inventory increased 23.9 percent in May 2025 from May 2024, Grey Oaks is a bit atypical.  With 909 doors, Grey Oaks does not have that large of an inventory that one reads about constantly, with only 17 listings at end of day Friday, and 11 residences offered under $7 million. With less than 2% of total homes listed, this is quite low inventory. In fact, Collier County has the lowest inventory available in the region, with just 3.5 percent of total homes. 

With our incredible location in town and our sought-after amenities, Grey Oaks stands out even in the level of lower listings, percentage-wise, to other country club communities. In Grey Oaks, there are currently 17 residences for sale, ranging from a $1.799 million to $10.75 million. There was one residence that went under contract or went pending in the last 120 days (had immediate golf) and 19 have closed in the last 120 days, ranging from $2,195,000 to $9,795,000. I was involved with five of those transactions.

The average days on the market in Grey Oaks, with the 19 closed transactions in the last 120 days, was 56 days, with three residences going under contract within five days. The overall average sold price was $4,155,474.  Of the 19 closed transactions, there was a 90 percent list price received of the original price. The percent of original list price received increases to 95 percent, when one uses data from either fully or mostly remodeled listings (5 of 19 sold were updated or mostly redone.)  Today’s buyers are willing to pay the price for the convenience of an updated residence.  Even homes that have had at least some major updates (roof, kitchen, primary bath) and are staged well, offered furnished, easy move-in, will sell faster and for a higher amount.  Days on the market has a profound effect on the value, so the more refreshed, decluttered, and staged a residence is when it hits the market, the faster it will sell.

Summer months do tend to have more listings withdrawn, and four were withdrawn since May 1st. Ten of the seventeen listened residences have immediate golf available. The good thing is, the buyers who are here this summer, are here for a reason.  Sellers need to keep in mind that they will still come out way ahead, as equity in homes grew incredibly during the pandemic.  Interesting fact about our home values in Grey Oaks: in May 2020, there had been 23 residences sold in the 120 days prior to May 20, 2020, with the average sold price of $1,952,442 with average 221 days on market, and 90 percent original list price received.

With our current economic uncertainty, buyers tend to take longer to pull the trigger and are negotiating more than they used to a few years ago, but real estate during the pandemic years was an anomaly. Today’s market simply cannot be compared to those years, thus sellers that are serious, should work and listen to their real estate professionals that are experts in a particular area or community.  Not only do areas in Naples differ, so do communities and even locations within a community.

Overall, the real estate tapestry is still well-woven in Grey Oaks, and residences are still being sold…19 is good in the last 120 days in this market!  With our fabulous, central location in Naples, and all the incredible amenities that Grey Oaks has to offer, this community continues to be very desirable, evidenced by over 90 Members on the Golf Membership waitlist. While this is very fluid and difficult to verify an exact wait time, the Club is currently anticipating a 2-year wait for resident Members currently on the waitlist.  The overall age in Grey Oaks also keeps decreasing, with recent Sports and Golf Membership age around 62. Grey Oaks is a great place to call home, and thus the waitlist continues…