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Shadow Wood at the Brooks
Real Estate Newsletter
June | 2026
Hello Ed!
As of June 1, 2026, there are 25 active listings in our area multiple listing service (MLS) in Shadow Wood. That is 1 more than last month.
For comparison, last year on June 1, there were 33 listings in Shadow Wood.
There are 10 single-family homes on the market, listed from $699,000 to $1,797,000. The average list price is $1,083,250. The average days on the market is 132 days; the average total days on the market is 155 days.
In the condo market, there are 15 active listings ranging from $429,000 to $959,000. The average list price is $561,127. The average days on the market is 193 days; the average total days on the market is 196 days.
A reminder, you have access to the most comprehensive website devoted to Shadow Wood, www.ShadowWoodRealty.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 Shadow Wood. As a long time resident in Shadow Wood with 40+ years of helping buyers and sellers in SWFL, my experience will be invaluable in this ever changing market.
Your Shadow Wood REALTOR®,
Ed Gongola |
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Summary of Shadow Wood Home Sales
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June 2026 Real Estate Market Update
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| DOWNING-FRYE: POSITIVE ACTIVITY
“What kind of year has it been so far for the real estate market in Southwest Florida? For the first five months of 2026, I would say that it has been very good,” said Mike Hughes, General Manager for Downing- Frye Realty, Inc. “Downing-Frye Realty, Inc.’s closings are up 15% in 2026 (compared to the first five months of 2025) and our pending sales are up 19%. What makes these numbers more impressive is that we have been faced with rising inflation tied to the Iranian conflict which, in turn, drove up interest rates.”
“Buyers should also be aware that inventory of active listings is down quite a bit compared to a year ago. For the first four months of the year, the Naples Area Board of Realtors reported a 21% drop in inventory compared to where we were a year ago. The Bonita Springs market showed a 32.55% drop in inventory for the same period per their Board.”
“The bottom line…. We are off to a good start!”
BONITA / ESTERO: BUYER MOTIVATION
In April 2026, the Bonita Springs-Estero market’s pending sales jumped 39% and closed sales rose 20% compared to the previous year. The median sales price was $553,750, a 2% decrease from last April, suggesting a shift in the market toward more balanced valuations. However, supply remains constrained with new listings down 17% and total inventory down 26%. The 20% increase in closed sales is impressive given the 26% reduction in homes for sale, indicating high buyer motivation and a “tighter” market than last year. Single-family homes reached a median price of $620,000, while the townhouse/condo segment remained a more accessible entry point at $366,000. Townhouse/ condo inventory stood at 7.2 months of supply, compared to 5.3 months for single-family homes.
NAPLES AREA: ROBUST PENDING SALES
During March, overall pending sales increased 15% to 1,394 pending sales from 1,212 Overall closed sales increased by 18.1%, while pending sales in April increased 38.2% to 1,388 pending sales from 1,004 pending sales in April 2025. Steady demand for the Naples lifestyle during April resulted in a 7.7% increase in the overall median closed price to $630,000 from $585,000 in April 2025. New listings are down by 14.9% and cannot keep up with demand, resulting in the overall inventory in Naples to decrease by 21% to 5,919 properties from 7,492 properties in April 2025. The median sales price for single-family homes increased 14.1% to $850,000, while the condo median sales price decreased by 8% to $450,000. The area still suffers from some oversupply in historically desirable neighborhoods including Aqualane Shores and Park Shore, but other desirable neighborhoods east of I-75 like the Vineyards have less than a two-month supply of properties for sale.
MARCO ISLAND AREA: INVENTORY DOWN
The Marco Island Area Assoc. of Realtors® reported April 2026 figures as compared to April 2025: Inventory was down 30% to 557 properties for sale; the number of properties sold was down by 3%; the average days on market was 114 days, and the dollar volume sold was $159M, up 14% from the year before. In April, the median sales price for homes was $1.7M, for condos was $538K and for lots was $820K.
FLORIDA: INVENTORY AND PRICING STABILIZING
Compared to a year ago, April ended with almost 14% fewer single family homes on the market. The active inventory of single family homes is only a little over 7% higher than it was in April 2019. The inventory of condos and townhouses for sale was down by 13.5% year over year in April. With inventory continuing to stabilize, there is not much expectation of significant shifts in home prices anytime soon, and the price statistics continue to reflect this. The median price for closed single family home sales in Florida in April was about 1.8% higher than in April of last year, rising to $420,000. That’s the same percent increase that was seen in March. In the condo and townhouse category, the median sales price was unchanged from a year ago at $315,000, which is the same as was seen in March.
USA: PENDING SALES INCREASE
Pending home sales in April increased by 1.4% month over month and rose 3.2% year over year. “Buyers are coming out with cautious optimism despite increasing economic uncertainty and a slight rise in mortgage rates,” said NAR Chief Economist Dr. Lawrence Yun. “Demand will easily be even higher once mortgage rates retreat to the levels they were at earlier this year.”
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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ED GONGOLA IS MAKING NEWS …
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| Nearly four decades of expertise and relationship-driven service distinguish this market veteran.
Ed Gongola has been recognized as Downing-Frye Realty’s Top Agent in Bonita Springs for 2025, marking his second consecutive year earning this distinction. With nearly 40 years of real estate experience in Southwest Florida, Gongola’s achievement reflects a career built on deep community expertise, exceptional negotiation skills, and unwavering client loyalty. |
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Ed Gongola Video Interview … Downing-Frye’s Top Bonita Agent
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Florida Realtors®: June Is National Homeownership Month
Florida Realtors®, along with Realtors® in the Sunshine State and across the U.S., celebrate June as National Homeownership Month. The recognition acknowledges the importance of owning a home and the impact it has on the lives of American families, local communities and the nation’s economic health.
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This year marks the 24th anniversary of National Homeownership Month.
“Homeownership is still one of the most meaningful investments a person or family can make – not just financially, but for stability, opportunity and building a future,” said 2026 Florida Realtors President Chuck Bonfiglio Jr., broker-owner of AAA Realty Group in Plantation. “For many Floridians, owning a home represents hard work, independence and the chance to build long-term wealth that can benefit future generations.
“Realtors help make that dream possible every day by guiding buyers and sellers through one of life’s biggest decisions.”
For generations of families, homeownership has been essential to their plans for their lives and their futures. Beyond the emotional and social benefits, homeownership builds household wealth. The typical U.S. homeowner currently has an average net worth of $430,000, according to the most recent Federal Reserve Survey of Consumer Finance – about 43 times that of the typical renter’s average net worth of $10,000.
In the first quarter of 2026, the homeownership rate in Florida was 66.3%, according to the U.S. Census Bureau. The U.S. homeownership rate in 1Q 2026 was 65.3%.
This national spotlight on homeownership began as a weeklong recognition in 1995 and was first proclaimed to last the entire month in June 2002 under former President George W. Bush.
Realtors are celebrating this June as Homeownership Month with homebuyers and sellers in communities across Florida. The National Association of Realtors® (NAR) also has additional information on its Homeownership Month Resources webpage.
The U.S. Department of Housing and Urban Development (HUD) offers assistance and helpful information on homeownership, housing policies, programs, counseling and more on their website.
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Robust Pending Sales in April Confirm Market Resiliency
As high season begins to settle and traffic around town eases, the Naples real estate market is showing no signs of cooling off. Overall pending sales (homes under contract) in April increased 38.2 percent to 1,388 pending sales from 1,004 pending sales in April 2025. Steady demand for the Naples lifestyle during April resulted in a 7.7 percent increase in the overall median closed price to $630,000 from $585,000 in April 2025.
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Broker analysts reviewing the April 2026 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), predict a solid summer market ahead, especially before the August elimination of the Fannie Mae and Freddie Mac limited review process for condominium buyers, which will require lenders to review more data, including a condominium association’s reserve fund status.
The percent of list price received in April increased .3 percent, which means more sellers are pricing homes right for today’s market. In fact, less than 30 percent of homes for sale in April initiated a price decrease.
“The market is stabilizing in a way that supports long-term value,” said Sherry Stein, CRB, Managing Broker, Berkshire Hathaway HomeServices Florida Realty. “If our inventory were rapidly increasing, then buyers might expect low-ball offers to work. But that’s not happening in this market.”
Condo Market Stabilization
“Many condominium associations required to complete structural integrity reserve studies have opted for pooled reserves to help give the associations financial flexibility and avoid imposing sudden assessments against unit owners,” said Carrie Lademan, Senior Vice President – West Coast of Florida, William Raveis Real Estate. “Grouping funds together allows condominium associations to pay for reserve items as they occur over time in contrast to rigidly allocating funds to a specific reserve item. Pooled reserves can help condominium associations implement a variety of repairs from storm damage more quickly.”
“The condo market is definitely showing signs of improvement,” said Jeff Jones, Broker at Keller Williams Naples, “especially considering all the things thrust upon them in recent years like mandatory structural integrity reserve studies for those three stories of higher and laws requiring associations fund reserves to adequately pay for structural repairs that exceed $25,000.”
Compared to sales in the single-family homes market, sales in the Naples condominium market lagged until recently. Cindy Carroll of Carroll & Carroll Appraisers and Consultants contends that “special assessments and quarterly association fees made the cost of condo ownership challenging, but the new regulations are making it easier for buyers to understand the total costs upfront.”
Sales of single-family homes outpaced condominiums during 2025, most likely because condo associations were rebuilding those reserves by issuing special assessments upon its owners. But in April, the report showed a 51.4 percent increase in condominium pending sales. Likewise, there were 575 closed sales of condominiums compared to 493 closed sales of single-family homes for the month. And despite a higher cost of ownership, in the last 12 months, there were 1,083 closed sales of condominiums priced below $300,000, while the single-family market could only claim 192 closed sales below $300,000.
The April Market Report identifies 527 condominiums for sale under $300,000 compared to only 120 single-family homes for sale below $300,000. And while inventory has decreased across every other price category and home type, the under $300,000 condominium market grew 3.9 percent in April.
Equity-Rich Investment
“The median closed price has increased 86 percent since 2019,” said Carroll. “There are a lot of homeowners in Naples sitting on some good equity.”
New listings, despite decreasing 14.9 percent in April to 1,169 new listings from 1,373 new listings in 2025, are not far off from what we enjoyed pre-COVID. But because a remarkable increase in sales is occurring, new listings can’t keep up with demand so the overall inventory in Naples decreased 21 percent to 5,919 properties from 7,492 properties.
Geographically, the median closed price of condominiums in Central Naples (34104, 34015, 34116) increased 9.7 in April to $334,500 from $305,000 in April 2025. The median closed price of single family homes in East Naples (34114, 34117, 34120, 34137) and Immokalee/Ave Maria, where most new homes are being built, increased 12.6 percent in April to $675,000 from $599,500 in April 2026, and 6.2 percent to $504,500 from $475,000 in April 2026, respectively.
The area still suffers from some oversupply in historically desirable neighborhoods including Aqualane Shores and Park Shore, but other desirable neighborhoods east of I-75 like the Vineyards have less than a two-month supply of properties for sale.
Heightened activity in the condominium market (20.5 percent increase in closed sales) during April resulted in an 8 percent decrease in its overall median closed price to $450,900 from $490,000 in April 2025. But demand for single-family homes in April (28.4 percent increase in pending sales), pushed its the median closed price up 14.1 percent to $850,000 from $745,000 in April 2025.
The NABOR® April 2026 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 2026:
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If you are looking to buy or sell a home in Naples, contact a Naples REALTOR® who has the experience and knowledge to provide an accurate market comparison or negotiate a sale. 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.
The Naples Area Board of REALTORS® (NABOR®) is an established organization (Chartered in 1949) whose members have a positive and progressive impact on the Naples Community. NABOR® is a local board of REALTORS® and real estate professionals with a legacy of nearly 60 years serving 6,000 plus members. NABOR® is a member of the Florida Realtors and the National Association of REALTORS®, which is the largest association in the United States with more than 1.3 million members and over 1,400 local board of REALTORS® nationwide. NABOR® is structured to provide programs and services to its membership through various committees and the NABOR® Board of Directors, all of whose members are non-paid volunteers.
The term REALTOR® is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribe to its strict Code of Ethics.
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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 Shadow Wood 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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