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Real estate news: SW Florida a prime spot for home buyers right now

Real estate news: SW Florida a prime spot for home buyers right now

Mark H. Bickel | Fort Myers News-Press & Naples Daily News

Here’s some good news for people looking to purchase a home in SW Florida, at least according to one analysis.

As the summer homebuying season kicks off and National Homeownership Month approaches, new data from Bankrate shows that Florida is home to six of the nation’s 10 best markets for buyers, according to Bankrate’s Buyer Opportunity Index.

Among them, the Cape Coral-Fort Myers market ranks No. 2 nationwide, supported in part by strong job and population growth in recent years, along with a faster pace of new residential construction than many other parts of the country.

What they are saying: Florida is a ‘buyers’ market
“In some parts of the country, including Florida, the pandemic housing boom is clearly over,” says Jeff Ostrowski, Housing Market Writer and Analyst at Bankrate. “This is frustrating for sellers, but it represents an opportunity for buyers who have been waiting for market conditions to turn in their favor.”

Bankrate’s Buyer Opportunity Index compared market conditions in February 2026 against February 2022 by analyzing four key metrics:

  • housing inventory
  • price cuts
  • median days to a pending sale
  • the sale-price-to-list-price ratio, to identify which markets buyers and sellers have the upper hand

Buyers markets in Florida ranking in Top-10 in U.S.

Florida markets ranking in the top 10:

  • No. 2: Cape Coral-Fort Myers

See the full list on naplesnews.com.

Are you looking for a home in beautiful Southwest Florida? Contact David at David@DavidFlorida.com or 239-285-1086.

Ave Maria could add thousands of homes, sparking resident concerns

Ave Maria could add thousands of homes, sparking resident concerns

 Laura Layden | Fort Myers News-Press & Naples Daily News

The town of Ave Maria could grow by more than 2,000 acres.

On May 7, the Collier County Planning Commission voted nearly unanimously to recommend in favor of the expansion.

A final decision will be made by county commissioners. A hearing is scheduled for June 9.

Ave Maria Development LLLP (Limited Liability Limited Partnership) has applied to add 2,042 acres to the town. To do so, it needs approval to expand the boundaries of the already designated stewardship receiving area (SRA) for development from 5,928 acres to 7,970 acres.

The expansion would allow for more residential and commercial development.

Barron Collier Cos. is the force behind the town, in partnership with Tom Monaghan, the creator of Domino’s Pizza and founder of Ave Maria University.

Ave Maria: A first for Collier County development
Ave Maria was the first SRA and town to develop under the county’s Rural Lands Stewardship Area, or RLSA, program.

The voluntary program allows developers to build more intense towns and villages on property with lower conservation value, in exchange for preserving more environmentally sensitive land, through a credit system. The program is designed to prevent urban sprawl, addressing state concerns about the protection of wildlife and wetlands out east, dating back to the 1990s.

Read the full article on naplesnews.com.

Are you seeking a home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.

Collier County development approved decades ago moves forward in North Naples

Collier County development approved decades ago moves forward in North Naples

Laura Layden | Fort Myers News-Press & Naples Daily News

A planned housing development first approved more than 40 years ago in Collier County could soon take shape, but it could look different.

On April 28, Collier commissioners greenlighted amendments to the Imperial Lakes Planned Unit Development (PUD) in North Naples.

Originally approved in 1982, the PUD has been in waiting for the expansion of Veterans Memorial Boulevard, west of Livingston Road.

With the expansion still not completed, the developer has agreed to design, permit and build the western extension of the boulevard to the Seminole Gulf Railway to provide access to the new community.

New community could include a mix of housing options
The approved amendments to the PUD will give the landowner and developer, going under the name N.A. Realty Trust Inc., the option to build a mix of housing, including single-family and two-family homes, as well as other multifamily homes.

The developer could still build the original plan, which allowed for up to 430 multifamily homes in five-story buildings.

The long vacant site spans nearly 80 acres. It sits north of the private Imperial Golf Club and to the west of the Castlewood at Imperial community, near Aubrey Rogers High School.

Naples land use attorney Rich Yovanovich, who represented N.A. Realty Trust at the public hearing, said the developer had worked to limit the height and types of homes built in the corner closest to Castlewood to address residents’ concerns about the visual impact.

Read the full article on naplesnews.com.

Naples ‘house on the beach’ condo lists for $13.9 million

Naples ‘house on the beach’ condo lists for $13.9 million

Andrea Stetson | Special to The News-Press & Naples Daily News

Jeanna Wolfe’s spacious home has sliding glass doors that lead to a humongous lanai with a pool and spa overlooking the Gulf. That might not seem unusual unless you know that Wolfe lives in a condo.

“We didn’t want to be in a condo building, but this is like a house on the beach,” Wolfe stressed. “The terrace has stairs right to the beach. It really feels perfect for the person that wants a house on the beach, but the ease of a condo.”

It is the only one of the 19 condos in The Vanderbilt with its own terrace and pool and that terrace spans 5,793 square feet and includes the large deck with its pool, spa, outdoor kitchen, fire pit, sitting and dining areas and garden. That is almost as much as the interior which is 6,141 square feet under air. The entire property is 12,640 square feet.

“It was lived in by the developer of this building, and we met them and became friends, and we told them if you are ever going to sell let us know and that was 2012 and we have been here ever since,” Wolfe explained. “It is just our unique place. Nobody knows it exists. We have spent many years here and have loved it here.”

Wolfe’s beloved husband, Jeff, recently passed away and Wolfe now wants a change and is selling her dream home for $13,995,000.

Read more about how Jeanna and her husband enjoyed living in this lovely home, on naplesnews.com.

Ready to explore the most exceptional properties of Southwest Florida? Contact me today to begin your journey. Contact David at David@DavidFlorida.com or 239-285-1086.

Collier commissioners unanimously approve new village in rural area

Collier commissioners unanimously approve new village in rural area

Laura Layden | Fort Myers News-Press & Naples Daily News

Collier commissioners approved a longtime citrus grower’s plans to build a new village in rural Collier County.

On April 28, commissioners voted unanimously in favor of allowing Fort Myers-based Alico Inc. to create a stewardship receiving area on land where the company has grown and harvested oranges for decades.

The designation as a receiving area will allow Alico to develop a more than 1,400-acre village, known as Corkscrew Grove East, off Corkscrew Road, near State Road 82.

The planning commission recommended approval to county commissioners.

The village could have up to 4,502 residences and nearly 240,000 square feet of commercial uses, including retail shops, restaurants and medical offices, along with at least 45,020 square feet of civic spaces, which could be used for schools, churches and emergency services.

The village will include affordable housing.

Read the full article on naplesnews.com.

 

NABOR Market Report | March 2026

NABOR Market Report | March 2026

Home Sales in March Highlight Market Strength

Naples, Fla. (April 24, 2026) – Brisk pending and closed sales activity in the Naples housing market during March (+15 percent and +26.7 percent, respectively) signal improved market conditions and confidence. Sellers who priced properties competitively for today’s market or were open to negotiation – especially in the condominium market – enjoyed swift sales in March. Broker analysts reviewing the March 2026 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), are confident price corrections that began last summer helped to accelerate the market’s momentum during Q1 2026 and anticipate strong home sales into Q2.

Values Hold Steady

Overall pending sales increased 15 percent to 1,394 pending sales from 1,212 pending sales in March 2025. Overall closed sales increased 26.7 percent to 1,054 closed sales from 832 closed sales in March 2025. Both pending and closed sales activity during March outperformed activity in any March since 2016, with the exception of 2021 and 2022.

Overall median closed price decreased 11.5 percent to $575,000 from $649,950 in March 2025. The median closed price in the single-family home market increased 2.4 percent to $771,950 from $754,000 in March 2025. Conversely, the median closed price in the condominium market decreased 11.5 percent to $430,000 from $486,000 in March 2025.

“The condominium market was struggling to find its footing after the onset of the mandatory inspections and reserve studies. But sales are improving in the condominium market as evidenced in the March Market Report. So those concerns appear to have been addressed and fixed,” added Cindy Carroll of Carroll & Carroll Appraisers and Consultants.

Entry Level Returns

Several brokers reviewing the March Housing Market Report remarked that the current mix of inventory provides ample choices across all price categories. The report also showed single-family homes in the $500,000 – $1.5 million price category command the highest inventory level compared to all other price categories reported.

“New listings are down slightly [14.1 percent/ytd], and this has put a governor on our inventory. That may be because some potential sellers are staying in their homes longer, especially since many locked in low interest rates before the rate rise began in 2022,” said Hughes.

The NABOR® March 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:

NABOR Report March 2026 report chart

Are you seeking a home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.