Greetings from Bonita Bay!

As of  September 1, 2025, there are 85 active listings in our area multiple listing service (MLS) in Bonita Bay; 10 less than last month.

For comparison, last year on Sept. 1, there were 81 listings in Bonita Bay.

There are 19 single-family homes on the market from $550,000 to $6,299,000. The average list price is $2,514,311and the average days on the market is 188. The combined days on the market is 252.

There are 38 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 $600,405 and the average days on the market is 182. The combined days on the market is 208.

In the high-rise market, there are 28 active listings in Bonita Bay ranging in price from $749,000 to $5,495,000. The average list price is $2,396,483 and the average days on the market is 168. The combined days on the market is 198.

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

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 61 sales with an average sales price of $606,269; these condos were on the market an average of 112 days; combined days on the market is 177.

• During the 12 months previous, there were 69 sales with an average sales price of condominiums was $694,361; these homes were on the market for 60 days; combined days on the market is 112.

BONITA BAY HIGH-RISES

• During the last 12 months, there were 35 sales with an average sales price of $2,241,829; these homes were on the market an average of 131; combined days on the market is 182.

• During the 12 months previous, there were 59 sales with an average sales price of $2,194,789; these homes were on the market for an average of 100 days; combined days on the market is 168.

SINGLE-FAMILY BONITA BAY HOMES

• During the last 12 months, there were 74 sales with an average sales price of $2,055,722; these homes were on the market an average of 86 days; combined days on the market is 144.

• During the 12 months previous, there were 79 sales with an average sales price of $2,028,433; these homes were on the market for an average of 42 days; combined days on the market is 111.

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

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

DOWNING-FRYE: INCREASED PENDING SALES

“In August 2024, Downing-Frye agents had 105 pending sales for the month. In August 2025 they had 124 pending sales, which represents an 18% increase in pending sales for the month of August,” said Mike Hughes, V. P. and Gen. Mgr. of Downing-Frye Realty, Inc. “When we look at our August 2025 listing inventory, it shows a 22% increase in residential listings and a 27% increase in rental listings compared to August 2024. All in all, we feel that these numbers are encouraging and show that the market was more active in August. The next two months tend to be the ‘soft’ part of our market as the summer visitors are gone and the winter visitors have not yet arrived. This is a great time for buyers to consider making offers as sellers might be more amenable to negotiate more in the slower months of the year.”

BONITA / ESTERO: JULY ACTIVITY

The Bonita Springs/Estero Realtors® reported July 2025 figures as compared to July 2024. For single- family homes: new listings were up 9.88%, pending sales were up 25.38%, and closed sales were up 10.1%. The median sales price of $570,000 was down 17.60% and the total volume sold was $90M, down 3.2%. For Condominiums: new listings were up 1.55%, pending sales were down 8.33% and closed sales were up 45.76%. The median sales price was down 20.92% to $387,500 and the total volume sold was $46M, up 43.8%. On average, sellers of single- family homes received 94.6% of list price and condo owners received 93.7%.

NAPLES AREA: DESIREABLITY ENABLES STABILITY

Pending sales in July increased 19.9% to 807 pending sales from 673 pending sales in July 2024. While inventory is up 11.4% to 5,224 properties from 4,691 properties in July 2024, overall inventory has been slowly decreasing since it peaked in March with 7,483 properties. New listings in July decreased 7.2% to 804 new listings from 866 in July 2024. Closed sales, which are connected to pending sales, increased 2% in July to 624 closed sales from 612 closed sales in July 2024. Pending sales of single- family homes have been increasing each month since the beginning of the year; for July, pending sales of single-family homes rose 30.4%. The median closed price of condominiums fell 10.1% in July to $422,500 from $470,000 in July 2024, and for single-family homes the closed median price was $670,000, down 6% from a year ago.

MARCO ISLAND AREA: INVENTORY UP

The Marco Island Area Assoc. of Realtors® reported July 2025 figures as compared to July 2024: Inventory was up 12%; the number of properties sold was down 8%; the average days on market was down 29%; and the dollar volume sold was $73M, down 14% from the year before. In July, the median sales price for homes was $1.4M, for condos was $641K and for lots was $690K.

FLORIDA: BUYERS HAVE AN ADVANTAGE

In July, closed sales of existing single-family homes statewide were up by close to 3% compared to July of last year, and for 2025 overall so far, they are down by about 2.5% compared to a year ago. Pending sales of single-family homes declined by less than 1%. New listings were down year-over-year for the third consecutive month for single-family homes, this time falling by nearly 3% in July. For the year, they are still up by nearly 3.5%. New listings of condos and townhouses, were down by close to 11% year over year in July, but due to an excess of new listings at the beginning of the year, they are only down about 2% year to date. In July the median price for single-family homes was $410,000 and for condo/townhomes was $295,000.

USA: PENDING HOME SALES DECREASE

Existing single-family home sales decreased by 2.7% in June while there was a 2% Pending home sales decreased by 0.4% in July from the prior month and rose 0.7% year-over- year. “Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant,” said NAR Chief Economist Lawrence Yun. “The rising mortgage applications for home purchases are an early indicator of more serious buyers in the marketplace, though many have not yet committed to a pending contract. The Federal Reserve signaling that they may enact a lower interest rate policy should steadily enlarge the pool of eligible home buyers in the upcoming months.”

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.

And even with evidence that sellers are negotiating on price (94% of list price received) and adjusting list prices to stay competitive (1,296 price decreases recorded in July), home values remain stable.

Historic Perspectives

Looking at the July Market Report, Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC said, “If we were in the midst of a market correction, prices would be near $325,000, or where they were before the pandemic in 2019. The fact that our market was able to sustain prices over the last four years [after record-breaking demand during the pandemic drove prices up], tells me that our market is consistently doing well.”

Budge Huskey, CEO, Premier Sotheby’s International Realty, responded to Carroll’s remarks by stating, “I’ve never witnessed a time when there were decelerated sales over a two-and-a-half-year period and it did not materially influence prices.”

“This is new territory,” Carroll asserted. “Twenty years ago our eyes were fixed on activity happening west of U.S. 41, but there are so many submarkets throughout Naples now. The growth and diversity within the market is helping real estate in Naples stay desirable and stable.”

“Pending sales are at pre-pandemic levels,” said Sherry Stein, CRB, Managing Broker, Berkshire Hathaway HomeServices Florida Realty. “We have a lot of cash buyers [48 percent in July], so mortgage rates have a limited impact on our sales. With discussions about interest rates going down, that is helping sales because buyers realize that if/when rates go down, prices will likely go up. Even buyers who need financing know that locking into a rate today doesn’t prevent them from refinancing should rates drop in the future.”

Confidence Sparked

More evidence that Naples’ desirability and consumer confidence are positively influencing the Naples housing market can be witnessed in the number of homes sold resulting in the gradual decrease in inventory over the past few months. While up 11.4 percent to 5,224 properties from 4,691 properties in July 2024, overall inventory has been slowly decreasing since it peaked in March with 7,483 properties.

“The average days on market has been climbing since April, but months supply of inventory is going down,” said Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc.

New listings in July decreased 7.2 percent to 804 new listings from 866 in July 2024. But closed sales, which are connected to pending sales, increased 2 percent in July to 624 closed sales from 612 closed sales in July 2024. Single-family closed sales in July increased 12.7 percent to 354 closed sales from 314 closed sales. Interestingly, and a trend is emerging, pending sales in the single-family home market have been increasing each month since the beginning of the year; for July, pending sales of single-family homes rose 30.4 percent!

“I am seeing increased energy with listings,” said Ryan Bleggi, Managing Broker for John R. Wood Properties. “Sellers who are taking their REALTOR®’s advice and pricing according to the market are getting more showings and offers this summer.”

“If we can avoid a significant storm this year, sales in 2025 will easily outpace sales last year,” added, Huskey.

The NABOR® July 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:

Equity Friendly Naples

The median closed price of condominiums fell 10.1 percent in July to $422,500 from $470,000 in July 2024. But this is a far cry from the median closed price of condominiums in July 2019, which was $240,000. The same holds true for the single-family home market: July’s median closed price, which decreased 6 percent to $670,000, still provides significant equity compared to a median closed price of $409,500 in July 2019.

The July Market Report showed Naples desirability contributed to increased sales in all geographic regions tracked by NABOR®. But the standout was in closed sales of single-family homes in the NaplesBeach area (34102, 34103, 34108), which increased 81.8 percent in July. Increased sales of single-family homes near the beach are reducing this geographic area’s months supply, which was 14.9 months in July 2024, but because of an increase in summer sales activity, dropped to 12.3 months supply in July 2025.

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.