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

SHADOW WOOD CONDOs

• Within the last 12 months, there were 27 sales; the average sales price was $599,256; and, these condos were on the market an average of 78 days; combined days on the market is 159.

• During the 12 months previous, there were 22 sales; the average sales price was $703,795; and, these homes were on the market an average of 20 days; combined days on the market is 74.

SINGLE-FAMILY SHADOW WOOD HOMES

• During the last 12 months, there were 57 sales; the average sales price was $1,599,917; and, these homes were on the market an average of 39 days; combined days on the market is 108.

• During the 12 months previous, there were 43 sales; the average sales price was $1,693,210 and, these homes were on the market an average of 57 days; combined days on the market is 105.

For a list of SHADOW WOOD homes sold in the last 12 months, click here.

For a list SHADOW WOOD 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.

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 MAY

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.

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.

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)

L I S T I N G     U P D A T E S

SOLD BY ED GONGOLA

IN LONGLEAF

LONGLEAF

22171 Longleaf Trail Dr.

3 Bedrooms | 2 Full Baths

2,00 Sq. Ft. of Living Area

$685,000

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 selling your Shadow Wood home, here are some statistics that may help you decide to place your home on the market.

SHADOW WOOD CONDOs

• Within the last 12 months, there were 27 sales; the average sales price was $599,256; and, these condos were on the market an average of 78 days; combined days on the market is 159.

• During the 12 months previous, there were 22 sales; the average sales price was $703,795; and, these homes were on the market an average of 20 days; combined days on the market is 74.

SINGLE-FAMILY SHADOW WOOD HOMES

• During the last 12 months, there were 57 sales; the average sales price was $1,599,917; and, these homes were on the market an average of 39 days; combined days on the market is 108.

• During the 12 months previous, there were 43 sales; the average sales price was $1,693,210 and, these homes were on the market an average of 57 days; combined days on the market is 105.

For a list of SHADOW WOOD homes sold in the last 12 months, click here.

For a list SHADOW WOOD 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.

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 MAY

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.

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.

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)

L I S T I N G     U P D A T E S

SOLD BY ED GONGOLA

IN LONGLEAF

LONGLEAF

22171 Longleaf Trail Dr.

3 Bedrooms | 2 Full Baths

2,00 Sq. Ft. of Living Area

$685,000

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.”