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Give Me A Call Today! (239) 770-0561
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Bonita Bay Real Estate Newsletter
July | 2025
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As of July 1, 2025, there are 111 active listings in our area multiple listing service (MLS) in Bonita Bay; 27 less than last month.
For comparison, last year on July 1, there were 101 listings in Bonita Bay.
There are 29 single-family homes on the market from $650,000 to $4,700,000. The average list price is $1,753,583 and the average days on the market is 146. The combined days on the market is 214.
There are 54 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 $594,680 and the average days on the market is 149. The combined days on the market is 172.
In the high-rise market, there are 28 active listings in Bonita Bay ranging in price from $699,000 to $5,850,000. The average list price is $2,408,594 and the average days on the market is 199. The combined days on the market is 221.
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
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Summary of Bonita Bay Home Sales
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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 $617,170; these condos were on the market an average of 108 days; combined days on the market is 172.
- During the 12 months previous, there were 70 sales with an average sales price of condominiums was $696,763; these homes were on the market for 57 days; combined days on the market is 107.
BONITA BAY HIGH-RISES
- During the last 12 months, there were 37 sales with an average sales price of $2,321,189; these homes were on the market an average of 130; combined days on the market is 187.
- During the 12 months previous, there were 61 sales with an average sales price of $2,223,288; these homes were on the market for an average of 100 days; combined days on the market is 157
SINGLE-FAMILY BONITA BAY HOMES
- During the last 12 months, there were 73 sales with an average sales price of $2,161,416; these homes were on the market an average of 81 days; combined days on the market is 137.
- During the 12 months previous, there were 79 sales with an average sales price of $2,149,329; these homes were on the market for an average of 41 days; combined days on the market is 118.
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.
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3370 Oaklake Court
Bonita Springs, FL 34134
RIVERWALK | BONITA BAY
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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.
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Updated Home
Bedrooms: 3 | Full Baths: 3; Half-Baths: 1 | Living Space: 3,041 sq. ft.
$1,495,000 (Furnished)
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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
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July 2025 Real Estate Market Update
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DOWNING-FRYE: PENDING SALES UP
“We are now well into our summer selling season,” said Mike Hughes, V. P. and Gen. Mgr. of Downing-Frye Realty, Inc. “What are we seeing so far this summer? The Downing-Frye pending sales for the month of June were up slightly over last June’s pending sales. This 6% increase in pending sales contracts brought our total June pending sales contracts to 117 for the month. We’ve noticed that the high-end market (above $1,000,000) is off slightly as we had 28 pending sales in this price range last June compared to 22 in June 2025. At the end of June 2025, Downing-Frye Realty, Inc. had 922 total listings. In June of 2024 we had 770 total listings. As you can see, there has been an increase in total listings year over year. The residential rental listings are up 20% and the residential listings are up 22% year over year. All in all, we are off to a good start this summer. July should be a busy month as summer travelers discover Southwest Florida.”
BONITA / ESTERO: MAY ACTIVITY
The Bonita Springs/Estero Realtors® reported May 2025 figures as compared to May 2024: For single-family homes: closed sales were down 16.2%, the median sales price of $559,990 was down 6.5%, the dollar volume sold was $139M for a decrease of 11.8%, and new listings were up 7.4%. For condos and townhomes: closed sales were up 4.8%, the median sales price of $366,250 was down 11.7%, the dollar volume sold was $47.2M for a decrease of 15.8%, and new listings were down 5.8%. There was a 7.7-month supply of single family homes and a 9.7-month supply of condos and townhomes.
NAPLES AREA: ECONOMIC UNCERTAINTY
The Naples Area Board of Realtors® reported these trends in May: Excluding Marco Island, inventory increased 23.9% to 6,524 properties from 5,265 properties in May 2024, and 31% of them reported price decreases. Closed sales decreased 16.5% to 779 closed sales from 933 closed sales in May 2024, but the Naples market is still doing better than other areas in Florida. New listings decreased 22.9% to 952 new listings from 1,235 new listings in May 2024. The overall median closed price decreased 9.1% to $590,000 from $649,000 in May 2024. The luxury market is still strong; single family home prices in the Naples Beach area (34102, 34103, 34108) during May increased 18.6% to $2,712,500 from $2,287,500 in May 2024. According to one of Florida’s largest home builders, many home builders in Florida are parking properties that were planned for development until economic conditions improve.
MARCO ISLAND AREA: INVENTORY UP IN MA
The Marco Island Area Assoc. of Realtors® reported May 2025 figures as compared to May 2024: Inventory was up 17%; the number of properties sold was down 35%; the average days on market was up 65%; and the dollar volume sold was $113M, down 29% from the year before. In May, the median sales price for homes was $1.6M and for condos was $580K.
FLORIDA: TRENDS IN MAY
As reported by Brad O’Connor, Florida Realtors Chief Economist: Florida’s housing market is evolving, with inventory growth leveling off and prices showing resilience in many areas. Closed sales of Florida single-family homes were down almost 6% in May compared to a year ago, while condo and townhome sales were down nearly 20%. New pending sales declined year-over-year in May, falling by 0.7% for single-family homes and by almost 10% for condos and townhomes. Still, inventory levels have continued to rise very consistently ever since mortgage rates began escalating rapidly back in 2022.
USA: EXISTING HOME SALES INCREASE
As reported by Brad O’Connor, Florida Realtors Chief Economist: Florida’s housing market is evolving, with inventory growth leveling off and prices showing resilience in many areas. Closed sales of Florida single-family homes were down almost 6% in May compared to a year ago, while condo and townhome sales were down nearly 20%. New pending sales declined year-over-year in May, falling by 0.7% for single-family homes and by almost 10% for condos and townhomes. Still, inventory levels have continued to rise very consistently ever since mortgage rates began escalating rapidly back in 2022.
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.
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Census Shows Big Age Gaps Across Florida Counties
By Cristina Martínez
Florida has one of the nation’s highest median ages, but 22 counties saw a drop in median age since 2020, showing wide age variation across the state.
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Many assume Florida is one of the nation’s oldest states and Utah to be among the youngest.
But while a retirement magnet, not every corner of the Sunshine (or any other) State is “old” or, for that matter, “young.” Some older states like Florida have counties with much younger populations, while some counties within the youngest states like Utah are graying fast. In both instances, these intra-state discrepancies are driven by migration patterns combined with the numbers of births and deaths.
The nation as a whole is aging. But a look at the median age (the age where half the population is older and the other half is younger) of states and counties tells a more nuanced story. For example, Maine is the nation’s oldest state, yet it’s also the only state whose median age (44.8) hasn’t increased since 2020.
Utah remains the youngest state with a median age of 32.4, but it also ranks among the states aging fastest: Utah’s median age increased by 1.0 from 2020 to 2024, one of only six states that added a year or more to their median age during that period.
Some states with older median ages also have pockets of younger populations. In 2024, Florida was the nation’s fifth oldest state with a median age of 42.6, after Maine, Vermont (43.6), New Hampshire (43.6) and West Virginia (43.0)— states all well above the nation’s median age of 39.1.
But Florida also had some counties much younger than the national median age.
“Median age is useful as a broad measure of how young or old a state’s population is, but it doesn’t provide insight into specific age groups and, of course, says nothing about younger or older areas within a state,” said Marc Perry, senior demographer in the Census Bureau’s Population Division.
Florida was home to the nation’s oldest county: Sumter County, with a median age of 68.1, and it is one of three Florida counties that houses the nation’s largest (32 square miles) retirement community, The Villages.
The nation’s youngest county, with a median age of 20.9, was Madison County in Idaho, where Brigham Young University-Idaho is located.
The median age gap among counties in any given state varies widely and often challenges the assumption that an entire state is young or old based strictly on its median age.
Connecticut was the state with the smallest difference in median age among its counties (7.3 years), while Virginia was the state with the biggest (38.3 years).
Florida featured one of the largest median age gaps among counties. Its youngest county, Leon County, is home to several colleges and universities, which contributed to its 2024 median age of 32.6. Additionally, the median age in 22 of Florida’s 67 counties decreased from 2020 to 2024.
By the same token, Utah’s reputation as a young state gets more complicated when viewed at the county level.
From 2020 to 2024, the median age increased in 28 of Utah’s 29 counties, and 7 of the 29 had a median age above 40—which is just above the national median age of 39.1. The state’s oldest county, Daggett County, had over ten years on the nation with a median age of 49.8.
Additionally, eight states (Virginia, Texas, Florida, Washington, South Dakota, Georgia, Idaho, and New Mexico) had a median age difference greater than 30 years between their youngest and oldest counties. All but Florida had median ages under 40.
Trends in median age
Younger populations have greater capacity to age, and to age rapidly, which often explains their larger annual increases in median age. Alternatively, states and counties with large older populations have less room to age and therefore tend to exhibit little to no increase in median age over time. This is a reflection of both age structure and the underlying demographic components of births, deaths and migration.
“Simply put, it’s harder for already-old states to get much older — at least in the short run,” Perry said. “It’s a different story for younger states, however. With baby boomers moving into their retirement years and generally fewer births than last decade, the aging of these younger states is accelerating.”
Source: U.S. Census Bureau’s Population Estimates Branch
© 2025 Florida Realtors®
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Economic Uncertainty Affected Housing Market in May
Motivated sellers in Naples who took advantage of getting ahead of the market with prices that pleased buyers found success during May as overall pending sales (homes under contract) increased 10.9 percent to 951 pending sales from 919 pending sales in May 2024. According to the May 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), that tracks home listings and sales within Collier County (excluding Marco Island), 2,023 properties on the market in May reported a list price decrease, 31 percent of the overall inventory.
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The number of homes for sale increased 23.9 percent to 6,524 properties from 5,265 properties in May 2024. But economic uncertainty is creating challenges for today’s buyer and seller, even in paradise.
Economic Discomforts
Broker analysts reviewing the May Market Report said the Naples housing market is experiencing mixed consumer confidence from uncertainty caused by tariffs and rising military tensions in the Middle East. International buyers, especially Canadians, are finding the new American temperament toward immigration is creating discord and decreased interest in making a second home investment in Naples.
Terrilyn Van Gorder, NABOR® President and Broker Associate at John R. Wood Properties, commented, “Affordability is another reason international buyers aren’t rushing to our shores this year. The dollar was strong last summer; but now, the dollar doesn’t go far enough for them.”
“Buyers in general are hesitant to commit because they don’t know what direction the economy is going,” said Adam Vellano, Managing Director of South and Southwest Florida at Compass Florida.
Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc., added, “We saw the tariff situation impact the stock market in April, and we lost a lot of deals that month because of it. People are notably nervous today. With another war possible and the tariff situation at hand, it’s giving buyers more reason to sit on the fence, and the fence is getting heavy.”
Closed sales in May decreased 16.5 percent to 779 closed sales from 933 closed sales in May 2024, but the Naples market is still doing better than other areas in Florida according to Dr. Shelton Weeks, Lucas Professor of Real Estate and Director of the Lucas Institute for Real Estate Development & Finance at Florida Gulf Coast University.
“Collier has the lowest stock available in the region, just 3.5 percent of total homes. Compared to the rest of the state, values are holding in Naples much better. Historically, if the country does good, Naples does better.
Large markets like Miami and Tampa enjoy greater local economic diversity, but Naples depends on wealth generated elsewhere. The tariff situation is concerning because we were told it is a pathway to economic growth and prosperity although nothing in economics supports this theory. As time passes, we can only watch as to whether this tactic will get other countries back to the bargaining table. Currently, all eyes are fixed on the stock market and waiting for evidence that this is working. When the uncertainty dissipates the question becomes, will people feel confident enough to pull the trigger on a home purchase? In the short-term, it’s hard to be optimistic.
“Things that change a market are things you don’t see coming,” remarked Hughes, “What is certain is that markets rarely stay the same.”
Motivating Drivers
New listings in May decreased 22.9 percent to 952 new listings from 1,235 new listings in May 2024, and buyer hesitancy kept sales tepid.
“Motivated sellers are still coming out ahead as equity grew exponentially during the pandemic,” said Jillian Young, President, Premiere Plus Realty. “Buyers waiting for an interest rate drop are not considering the advantages of negotiating with today’s sellers. When we had an interest rate drop last September fewer buyers could enjoy it because two hurricanes disrupted our market. Ask your REALTOR® to explain your options during offers and negotiations. There may be more cost advantages available than what a drop in rates can provide.”
The overall median closed price in May decreased 9.1 percent to $590,000 from $649,000 in May 2024. Of all areas and home types reported, single-family home prices in South Naples (34112, 34113) reported the largest decrease, 23.1 percent, to $772,500 from $940,000 in May 2024. But the luxury market is still strong; single family home prices in the Naples Beach area (34102, 34103, 34108) during May increased 18.6 percent to $2,712,500 from $2,287,500 in May 2024. Though brokers are concerned over-saturation of spec homes in this area, resulting in 17.9 months of inventory, may loosen prices this year.
“Days on market is the enemy of home values,” said Jeff Jones, Broker at Keller Williams Naples. “The number of homes that have been on the market for over 90 days is concerning. One major reason for this is that these sellers are still trying to get more than the market is willing to give. Our message to these sellers is simple: If you have no motivation to sell, there’s no reason to be in the market today. Serious sellers are willing to adapt and be open to more aggressive pricing strategies.”
However, the value of the dollar has been declining relative to the Euro since the first of the year and is now at about the same level it was back in November 2021. If the current relative value holds, this should help to bring European investors back to our market.”
The NABOR® May 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:
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Where the Pinch Hurts
According to Mike Bone, Area Sales Manager, D.R. Horton, many home builders in Florida are parking properties that were planned for development until economic conditions improve. “We are seeing a lot of downsizing too in terms of staffing, new investment, and planned product output.”
Hughes, Jones and Bone agree that a bright side to the current slower pace is that it provides an opportunity to offer skills training to our community of real estate professionals.“
“This is the kind of market where good brokers shine,” said Hughes. “You must become the head cheerleader and keep spirits up while telling agents the truth: that we may be facing some tough months ahead so having honest conversations about realistic pricing with your clients is absolutely necessary.”
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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.
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Why Choose Me As Your REALTOR®?
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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.
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27399 Riverview Center Blvd., Suite 101
Bonita Springs, FL 34134
Phone: (239) 770-0561
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