Bonita Bay Real Estate News | August 2025

Bonita Bay Real Estate News | August 2025

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 Bonita Bay Real Estate Newsletter 

August | 2025

As of  August 1, 2025, there are 95 active listings in our area multiple listing service (MLS) in Bonita Bay; 16 less than last month.

For comparison, last year on Aug. 1, there were 85 listings in Bonita Bay.

There are 23 single-family homes on the market from $700,000 to $4,700,000. The average list price is $2,034,648 and the average days on the market is 183. The combined days on the market is 241.

There are 45 listings in the carriage, mid-rise, townhouse, and attached villa market with prices ranging from $335,000 to $1,425,000. The average list price is $593,800 and the average days on the market is 157. The combined days on the market is 188.

In the high-rise market, there are 26 active listings in Bonita Bay ranging in price from $749,000 to $5,850,000. The average list price is $2,484,293 and the average days on the market is 192. The combined days on the market is 215.

A reminder, you have access to the most comprehensive website devoted to Bonita Bay, BonitaBayRealty.com. I’ve included maps, floor plans, photos, and descriptions of each neighborhood within this desirable community.

Please contact me for all your real estate needs in Bonita Bay. With almost 40 years of helping buyers and sellers in SWFL, my experience will be invaluable in this ever changing market.

 

Your Bonita Bay REALTOR®,

Ed Gongola

Summary of Bonita Bay Home Sales

If you are considering selling your Bonita Bay home, here are some statistics that may help you decide to place your home on the market.

BONITA BAY CARRIAGE, MID-RISE, TOWNHOUSE AND ATTACHED VILLA HOMES

  • Within the last 12 months, there were 64 sales with an average sales price of $611,952; these condos were on the market an average of 110 days; combined days on the market is 173.
  • During the 12 months previous, there were 68 sales with an average sales price of condominiums was $703,858; these homes were on the market for 57 days; combined days on the market is 108.

BONITA BAY HIGH-RISES

  • During the last 12 months, there were 38 sales with an average sales price of $2,296,684; these homes were on the market an average of 132; combined days on the market is 192.
  • During the 12 months previous, there were 61 sales with an average sales price of $2,143,235; these homes were on the market for an average of 100 days; combined days on the market is 158.

SINGLE-FAMILY BONITA BAY HOMES

  • During the last 12 months, there were 72 sales with an average sales price of $2,129,075; these homes were on the market an average of 87 days; combined days on the market is 141.
  • During the 12 months previous, there were 79 sales with an average sales price of $2,131,038; these homes were on the market for an average of 37 days; combined days on the market is 110.

For a list of BONITA BAY homes sold in the last 12 months, click here.

For a list of BONITA BAY homes that are pending at the moment, click here.

Meet Ed Gongola and discover how he can help you with his concierge-style of service when buying or selling your home.

 
 

LISTED BY ED GONGOLA

3370 Oaklake Court

Bonita Springs, FL 34134

RIVERWALK | BONITA BAY

FEATURED LISTING

Updated, single-family home on a very generously sized landscaped homesite in Riverwalk offered furnished. Light and bright and well-maintained. Newer wood flooring throughout all the main living areas. Renovated kitchen in 2024 with new cabinetry and quartz counters.

Updated Home

Bedrooms: 3 | Full Baths: 3; Half-Baths: 1 | Living Space: 3,041 sq. ft.

$1,495,000 (Furnished)

 
 

New microwave, dishwasher and cooktop in 2023. All bathrooms have been updated from top to bottom. New roof in 2018. Hot Water Tank replaced in 2023. Main HVAC unit replaced in 2023. 2nd HVAC unit condenser replaced in 2024. Heat pump for pool replaced in 2024. A/C storage in the garage. His and Hers Master Bathrooms. Plantation Shutters. MLS #225034685

 

August 2025 Real Estate Market Update

DOWNING-FRYE: PENDING CONTRACTS STEADY

“We are now well into our summer selling season,” said Mike Hughes, V. P. and Gen. Mgr. of “How is the summer season going? All in all, the pending contracts have been steady,” said Mike Hughes, V. P. and Gen. Mgr. of Downing-Frye Realty, Inc. “If the property is priced right, it has a decent chance of selling. Over-priced homes are staying on the market a long time. At the end of July 2025, Downing-Frye had 860 listings. At the end of April 2025, we had 1,045 listings. What caused this decline? Frankly, it is normal. The contracts written during the winter season have largely closed and this puts downward pressure on inventory. Also, it is typical for some sellers to take their property off the market when they go on vacation during the summer months. We are now seven months into 2025 and Downing-Frye has had just over 1,000 closed transactional sides. This is down slightly compared to the same period a year ago. All in all, Downing-Frye agents have been active this summer as there are still a lot of people who want to live in paradise!”

BONITA / ESTERO: INVENTORY INCREASES

The Bonita Springs/Estero REALTORS® reported the first half of 2025 figures as compared to the first half of 2024. For single-family homes: new listings were up 11.4%, pending sales were down 0.4%, and closed sales were up 2.9%. The median sales price of $689,950 was down 4.2% and the total volume sold was $796M, up 3.4%. For Condominiums: new listings were up 8.8%, pending sales were down 8.2% and closed sales were down 2.7%. The median sales price was down 11.2% to $422,000 and the total volume sold was $396M, down 13.3%. On average, sellers of single-family homes received 94.5% of list price and condo owners received 95%.

NAPLES AREA: MORE OPTIONS; LOWER PRICES

In June 2025, the Naples Area Board of REALTORS® (NABOR®) reported that Naples area (excluding Marco Island) inventory increased 18.2% to 5,885 homes from 4,978 homes in June 2024. A moderate softening of home prices sparked a 1.5% increase in both pending and closed sales. The overall median closed sales price was $576,000, down 3.2% from June 2024. For single-family homes, the median closed sales price was $712,500, down 1.7%, and for condos was $453,500, down 5.5% from June 2024. In June, there was a total inventory supply of 9.2 months, with 2,833 single-family homes and 3,052 condominiums.

MARCO ISLAND AREA: JUNE SALES INCREASE

The Marco Island Area Assoc. of REALTORS® reported June 2025 figures as compared to June 2024: Inventory was up 14%; the number of properties sold was up 9%; the average days on market was up 83%; and the dollar volume sold was $154M, up 2% from the year before. In June, the median sales price for single-family homes was $1M, for condos was $760K and for lots was $825K.

FLORIDA: PRICES STILL MODERATING

In June, closed sales of existing single-family homes statewide totaled 23,827, up 2.8% year-over-year, while existing condo-townhouse sales totaled 7,809, down 6.4% over June 2024. The statewide median sales price for single-family existing homes in June was $412,000, down 3.5% compared to June 2024, while the statewide median price for condo-townhouse units was $300,000, down 7.7% from a year ago. For 2Q 2025, Florida’s single-family median sales price was $414,900, down 3.1% compared to the same quarter a year ago; the condo-townhouse median for 2Q was $310,000, down 6.1% year-over-year.

USA: EXISTING HOME SALES DECREASE

Existing single-family home sales decreased by 2.7% in June while there was a 2% increase in the median existing single-family home sales price to $435,300 – the highest ever. “The record high median home price highlights how American homeowners’ wealth continues to grow – a benefit of homeownership. The average homeowner’s wealth has expanded by $140,900 over the past five years,” said NAR Chief Economist Lawrence Yun. “Multiple years of undersupply are driving the record high home price. Home construction continues to lag population growth. If mortgage rates decrease in the second half of this year, expect home sales to increase across the country due to strong income growth, healthy inventory, and a record-high number of jobs.”

Sources: The Bonita Springs-Estero REALTORS®/SWFLMLS, Naples Area Board of REALTORS®, Marco Island Area Assoc. of REALTORS. If your property is currently listed with another broker, this is not a solicitation of that listing. National Assoc. of REALTORS®, Florida REALTORS® ©2009 Design by Downing-Frye-Marketing, powered by Naples Media Group, Inc.

Realtors Stay Strong Despite Market Challenges

Agents report steady transactions and rising income while citing housing affordability as a key obstacle, reflecting confidence despite a tough market.

realtor_in_empty_apt.jpg

Agents who are Realtors® continue to demonstrate resilience and commitment to their profession despite housing affordability challenges, according to the National Association of Realtors®’ 2025 Member Profile. This year’s report reveals that the typical member had 12 years of experience, up from 10 last year, and 74% said they were very certain they would remain active in the real estate industry for at least two more years, underscoring long-term confidence in the profession even amid market uncertainty.

“The real estate market will always have a consistent flow of new entrepreneurs,” said Jessica Lautz, NAR deputy chief economist. “Despite the headwinds in the current market, the majority of agents who are Realtors plan on staying in real estate as active professionals.”

The annual report provides a snapshot of NAR members’ business activity, income, firm affiliation, tech use and demographics based on transactions and trends from 2024.

The typical agent reported 10 transactions in 2024, unchanged from 2023, showing steady performance despite the current market conditions. The median sales volume per agent also remained steady at $2.5 million.

Twenty-five percent of NAR members cited housing affordability as the biggest hurdle for potential homebuyers – topping the long-standing concerns about inventory and property availability.

NAR’s report showed that the median gross income for Realtors rose to $58,100 in 2024, up from $55,800 in 2023. Fifty-five percent of members are affiliated with an independent company. Eighty-seven percent are independent contractors at their firms.

The 2025 Member Profile is based on survey responses from 4,947 NAR members across the U.S., collected in March 2025.

© 2025 National Association of Realtors® (NAR)

 
 

Summer Buyers Enjoying More Options and Lower Prices

Even with predicted decreases in home inventory during the Summer, buyers searching homes in Naples will enjoy more options this summer than any summer in the last 10 years. According to the June 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), that tracks home listings and sales within Collier County (excluding Marco Island), inventory increased 18.2 percent to 5,885 homes from 4,978 homes in June 2024.

AUG2025

Along with a healthy pool of options, a moderate softening of home prices sparked a 1.5 percent increase in both pending and closed sales during June. Broker analysts reviewing the report said the 1,282 sellers who removed their homes from the market during June will miss out on what may become a very good summer for sales in Naples.

A Sunny Start to Summer

“Traditionally, we tend to see more bargain hunters during the summer,” said Sherry Stein, CRB, Managing Broker, Berkshire Hathaway HomeServices Florida Realty. “Prices have relaxed slightly over the last few months, and this is bringing more buyers back to Naples who were previously priced out of our market.”

Stein was quick to clarify that the Naples real estate market is still relatively stable. The median closed price in June decreased 3.2 percent to $576,000 from $595,000 in June 2024. “Our price declines have been modest, so most sellers will still enjoy plenty of equity when they sell.”

According to the report, the average sales price in Naples increased 12.4 percent to $1,200,472 from $1,085,605 in June 2024. Those who understand our unique market will not be surprised to learn the report showed closed sales of properties over $5 million increased 13.6 percent over the last 12 months.

“If or when interest rates come down again, the overall market will pick up,” said Stein. “But historically, when this happens home prices typically rise in response.”

Exit Stage Left

“There is a perception that inventory is climbing,” said Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc. “But the reality is exactly the opposite. Inventory decreased 21 percent in the second quarter of 2025.

The decline in inventory was due to successful closings as well as some sellers removing their listing from the MLS during the summer with the hope they will get their target price later in the year when they relist their property.

Unlike traditional housing markets in the U.S., many homeowners in Naples are not pressed to sell due to changing life circumstances. And a majority do not have a mortgage either. If they did carry a mortgage or have a deep need to sell, local brokers say they might be more open to negotiations.

Jeff Jones, Broker at Keller Williams Naples, added, “We are in a nice steady market today. Sellers that pull their homes off the market during the summer are doing serious sellers a favor.”

The NABOR® June 2025 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single- family and condominium) findings for 2025:

Uniquely Naples

“News stories that bundle Naples into the value erosion narrative are misleading,” said Adam Vellano, Managing Director of South and Southwest Florida at Compass Florida. “Our report shows a market returning to normal. Furthermore, if you add in sales from new construction [not tracked by NABOR®], our market looks even better.”

“In December of 2021 there were 1,042 homes on the market,” said Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC. “We have more today, but not an oversupply.”

As expected, prices adjust according to the laws of supply and demand. In June, the months supply of inventory was 9.2 months. Carroll said, “I consider a balanced market in Naples to be a 12-month supply.

When this figure gets to 1.5 years, then we might have an oversupply. But this simple formula can’t be applied all across Naples because our market is so unique.”

If you are considering buying or selling your home, look to a Naples REALTOR® who has the ability to provide an accurate market comparison and give you expert advice on how to capitalize on today’s market conditions. A REALTOR® can ensure your next purchase or sale in the Naples area is a success. Search for your dream home and find a Naples REALTOR® on Naplesarea.com

 
 
 
Why Choose Me As Your REALTOR®?
To learn more about me and my real estate business and Bonita Bay real estate specifically, I encourage you read the About Ed section as well as the Testimonial section of the site. Over the years, my clients have expressed their satisfaction in my services and I’ve showcased their kind words so you can determine if I am the right REALTOR® to represent you.
 
If you are curious as to my sales success, visit my Sold Homes page. This gives a clear picture of exactly what I’ve accomplished and, more importantly, what I can accomplish for you.
AUG2025


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