Two coasts. Two very different housing stories on paper. One same conclusion underneath: inventory is disappearing, and it’s rewriting the rules for buyers and sellers in both of our markets.
Bucks County: The Supply Squeeze Is Real
Fewer than 955 detached homes are currently available across Bucks and Montgomery County combined — for a region of 1.7 million people. That’s not a slow season. That’s a structural shortage.
- Median sale price: $538,000, up 7.5% year-over-year
- Homes selling in 21 days on average
- 567 homes sold in May 2026, up 6.2% from May 2025
- Doylestown Township, Warminster, and Abington leading six-month price growth
Well-priced homes in strong school districts are getting offers in 7–14 days. Overpriced ones are sitting — and then getting cut. The sellers winning right now aren’t the ones asking for 2022 comps. They’re the ones pricing to today’s data and letting the shortage do the rest of the work.
Naples: Luxury Buyers Aren’t Waiting Either
Down in Southwest Florida, the story is the same. Naples months-of-supply has fallen from 10.6 to 7.1 as pending sales climbed 30.6% year-to-date — and new listings are still running 11–12% behind last year’s pace.
Translation: buyers have fewer choices heading into fall, not more.
The top of the market hasn’t slowed down to notice. May alone saw two closings at $15.9 million, one a waterfront estate in Port Royal, the other new construction in Olde Naples. Under $1.5M, inventory is down nearly 30% year-over-year. Above $5M, buyers still have room to be deliberate — but that window is narrowing there too.
It’s exactly why we planted a flag in Naples. A market that tightens this fast rewards the team that’s already local, not the one still figuring out the neighborhoods.
Same Signal, Two Markets
PA and FL are moving for different reasons — commuter demand and school districts in Bucks, wealth migration and lifestyle appeal in Naples — but the math lands in the same place. Less supply. Faster decisions. Buyers who hesitate are losing options, and sellers who price to the moment are closing at full value in weeks, not months.
Thinking about a move in Bucks County, Montgomery County, or Naples? Let’s talk numbers specific to your street, your building, your timeline.
Contact The Bograd Experience today: Joseph Bograd, 267-246-9729.
Another market. Another Bograd Experience.
