Laura Layden | Naples Daily News
Marco Island saw two record home sales this season.
One for a single-family estate, the other for a villa.
While they may not come close to the whopping home sales made in Naples, they’ve moved the needle on the island.
Typically, the busy season runs from November to April in Southwest Florida, bringing more buyers to town.
As season wound down, Marco Island saw a $6.35 million sale for a 4,125-square-foot, five-bedroom single-family home, with five-and-a-half bathrooms, plus a den. Located at 40 Primrose Court, its price made it the highest sale for a “water indirect” property on the 6 x 4 mile island ever.
Read more about Marco Island properties on naplesnews.com.
Are you seeking a luxury home in the Marco Island, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Liz Freeman | Naples Daily News
Your heart will skip a few beats over a residential real estate sale in Naples for $225 million.
Three adjacent beachfront properties in exclusive Port Royal have sold for the combined price tag representing the priciest deal in Naples.
It sets a new and unfathomable benchmark that will be hard to surpass given its uniqueness.
The three properties – all on Gordon Drive ‒ span 15 acres, with 800 feet of direct Gulf frontage.
The buyer has not been disclosed and is listed in warranty deed documents as the 2200 Gordon Drive Land Trust. Naples attorney Kevin Coleman is trustee.
Michael McCumber of The McCumber Group at Gulf Coast International Properties brokered the sale.
Find out more about these properties on naplesnews.com.
Are you seeking a luxury home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Mark H. Bickel | Naples Daily News
Snowbird and tourist season are over, but the road construction projects continue.
Many, if not all, of these projects are intended to help make the traffic stress better when season rolls around again.
One of those projects, the designing improvements to Interstate 75 (I-75) at the SR 951 (Collier Boulevard) interchange in Collier County, won’t be ready at the start of the next season, but a little more than a year from now it should be close to wrapping up.
J. Kyle Foster, a Naples Daily News growth and development reporter, was near the project recently and took some photos that show progress.
Find out more and see the photos on naplesnews.com.
Phil Fernandez | Naples Daily News
Visitors from all over the world have converged on the Naples area for a century, with 1.5 million alone in the six months through the end of March, the most recent period measured by Collier County.
That’s more than 1% higher than the same period for the previous year. But where on the globe are they all coming from?
Here’s four things to know about the places tourists come from to visit Collier.
1. From where in the U.S. and Earth does Naples draw tourists?
In the six months through March, here’s where and what percentage they make up among Collier visitors:
Midwest 456,600 31.1% 2. Northeast 336,800 23.0% 3. Florida 259,200 17.7% 4. Southeast 172,100 11.7% 5. Europe 77,800 5.3% 6. Canada 75,400 5.1% 7. West 56,000 3.8% 8. Central and South America 17,800 1.2% 9. Other and rest of the planet 15,600 1.1%.
From where in Europe does SWFL’s Naples area draw its visitors? Find out on naplesnews.com.
Are you coming to Naples, Florida? Find a home. Contact David at David@DavidFlorida.com or 239-285-1086.
Naples, Fla. (April 25, 2025) – Brokers reviewing the March 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), agree that the Naples area housing market has become a buyer’s market – where the supply exceeds the demand – as reflected in a 36.1 percent increase in overall inventory to 7,483 properties from 5,500 properties in March 2024. Overall closed sales decreased 9.3 percent in March to 820 closed sales from 904 closed sales in March 2024, putting pressure on sellers to drop prices before season ends. Even with 3,305 price decreases reported during March – the highest on record – overall pending sales decreased 7.3 percent to 1,212 pending sales from 1,300 pending sales in March 2024.
Inventory levels finally exceeded pre-Covid levels in March – 7,483 properties vs. 6,829 properties in March 2019. With more options for buyers to consider, days on market for March increased 26.5 percent to 86 days from 68 days in March 2024. Plus, the 5.1 percent increase in new listings during March to 1,617 new listings from 1,538 new listings in March 2024 has pushed our market to 11.4 months of inventory compared to 7.7 months of inventory in March 2024.
As Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc. proclaimed upon reviewing the report, “For buyers, this is a rare opportunity to negotiate your way into paradise.”
It’s Paradise, Not Fantasyland
According to Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC, “Sellers who purchased a property in Naples at the top of the market during the pandemic and did major home renovations may not get back all the money they put in.” But she admits that there are exceptions depending on where the home is located. “Some neighborhoods in Aqualane Shores, Old Naples, off Crayton, and in Lake Park are oversaturated with spec homes, which is hurting the resale market. If you’ve been waiting months to get your price thinking things will be better, that’s not a good strategy today.”
Bleggi responded, “Sellers who are goal oriented should look at the sold price of the most recent closing in their neighborhood. With the supply of homes for sale on the rise, those chasing the market with small price decreases each month will be disappointed. But those willing to sell for fair market value are going to get ahead of the market, sell faster, and net a high return.”
Priced to Sell with a Profit
While the median closed price barely changed compared to last March, a .1 percent increase to $650,000 from $649,450 in March 2024, it decreased 2.4 percent compared to February’s median closed price of $666,250. The median closed price of single-family homes reported no change in price year over year, $770,000. But the median closed price of condominiums decreased 7.1 percent to $486,000 from $523,000 in March 2024.
Brokers identified the top issues contributing to slow sales today: economic uncertainty, sellers who aren’t willing to lower the price, homeowners unwilling to let go of a low mortgage rate, and buyers on the fence because they believe prices are going to drop drastically.
The NABOR® March 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:
Are you seeking a home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
As part of a growing trend, an ultra-luxury waterfront estate in Bonita Bay has been put on the auction block.
The estate has been offered up via an online auction.
The local broker says it’s a first for Bonita Bay, the 2,400-acre, golf-oriented, gated community in Bonita Springs that opened for sales in 1985.
One-of-a-kind real estate
FRE Auctions is doing the auction, in partnership with Spina Realty Company, the broker. In a crowded market, they say it’s a transparent, efficient and competitive way to buy and sell one-of-a-kind real estate.
“It’s a very expensive house, actually,” said Corrie Brashars, an auction specialist for FRE, headquartered in California.
See the photo gallery and read more about this home built by Harwick Homes in 1994, the 7,838-square-foot residence has four bedrooms and seven bathrooms, including two half-baths. It has a home theater, gym and private study.
One of its most unique offerings: A resort-style pool that includes waterfalls and a swim-up bar… naplesnews.com.
Are you seeking a luxury home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
