Florida’s Cooling Housing Market: What Sellers Really Need to Know in 2025

Florida’s Cooling Housing Market: What Sellers Really Need to Know in 2025

Paradise Coast Title & Escrow | paradisecoasttitle.com

Florida real estate has enjoyed one of the fastest, most dramatic surges in the country over the past few years — and now, many of the metros that once topped the national appreciation charts are appearing on the lists for fastest cooling markets. For sellers, this shift can feel like whiplash. You spent years hearing about bidding wars, record sale prices, and buyers lining up the moment a home was listed. Now headlines are warning that values are leveling off, buyer demand is softening, and days on market are increasing.

But a cooling market doesn’t mean a collapsing one. Not in Florida — and especially not in Southwest Florida, where long-term demand remains extraordinarily strong. What we are seeing is a market that is finally exhaling. After years of runaway velocity, the pace is normalizing, and that creates a very different landscape for sellers.

The question isn’t whether sellers can succeed. They absolutely can. The question is how sellers should approach the market to protect their equity and appeal to today’s more cautious buyers.

Why Is Florida Leading the Nation in Cooling Markets? Find out here.

 

These 4 amendments outline how Florida could reduce property taxes

These 4 amendments outline how Florida could reduce property taxes

Brandon Girod | Pensacola News Journal

 

Florida has taken another step forward toward partially eliminating property taxes after the House State Affairs Committee voted along party lines on Tuesday, Dec. 2, to potentially move forward with four constitutional amendments that seek to cut property taxes.

 

All four of the proposals are aimed at providing financial relief for homestead properties to varying degrees. One proposal, HJR 201, would exempt homestead properties from all ad valorem taxation, with an exception of school district levies. Another proposal, HJR 209, takes a different approach by offering higher tax deductions for homestead properties with qualifying home insurance.

 

Florida’s fight against property taxes still has several hurdles to face. The proposals that moved forward on Tuesday must still be approved by the Ways and Means committee, pass through the Senate and reach a 60% supermajority vote during the 2026 midterms before they can go into effect.

 

Take a look at each of Florida’s amendments to cut property taxes here.

Buying or selling a home in the Naples – Bonita Springs area? Contact David at David@DavidFlorida.com or 239-285-1086.

NABOR Market Report | July 2025

NABOR Market Report | July 2025

Naples Desirability Keeping Housing Market Stable

Naples, Fla. (August 22, 2025) – Broker analysts reviewing the July 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), agreed that the desire to own property in paradise is a major factor in the Naples housing market’s continued stability. Pending sales (homes under contract) in July increased 19.9 percent to 807 pending sales from 673 pending sales in July 2024. And even with evidence that sellers are negotiating on price (94% of list price received) and adjusting list prices to stay competitive (1,296 price decreases recorded in July), home values remain stable.

NABOR-July-2025-chart

Historic Perspectives
Looking at the July Market Report, Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC said, “If we were in the midst of a market correction, prices would be near $325,000, or where they were before the pandemic in 2019. The fact that our market was able to sustain prices over the last four years [after record-breaking demand during the pandemic drove prices up], tells me that our market is consistently doing well.”

“This is new territory,” Carroll asserted. “Twenty years ago our eyes were fixed on activity happening west of U.S. 41, but there are so many submarkets throughout Naples now. The growth and diversity within the market is helping real estate in Naples stay desirable and stable.”

Confidence Sparked
More evidence that Naples’ desirability and consumer confidence are positively influencing the Naples housing market can be witnessed in the number of homes sold resulting in the gradual decrease in inventory over the past few months. While up 11.4 percent to 5,224 properties from 4,691 properties in July 2024, overall inventory has been slowly decreasing since it peaked in March with 7,483 properties.

“The average days on market has been climbing since April, but months supply of inventory is going down,” said Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc.

New listings in July decreased 7.2 percent to 804 new listings from 866 in July 2024. But closed sales, which are connected to pending sales, increased 2 percent in July to 624 closed sales from 612 closed sales in July 2024. Single-family closed sales in July increased 12.7 percent to 354 closed sales from 314 closed sales. Interestingly, and a trend is emerging, pending sales in the single-family home market have been increasing each month since the beginning of the year; for July, pending sales of single-family homes rose 30.4 percent!

The NABOR® July 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:

NABOR-July-2025-chart

Equity Friendly Naples
The median closed price of condominiums fell 10.1 percent in July to $422,500 from $470,000 in July 2024. But this is a far cry from the median closed price of condominiums in July 2019, which was $240,000. The same holds true for the single-family home market: July’s median closed price, which decreased 6 percent to $670,000, still provides significant equity compared to a median closed price of $409,500 in July 2019.

The July Market Report showed Naples desirability contributed to increased sales in all geographic regions tracked by NABOR®. But the standout was in closed sales of single-family homes in the Naples Beach area (34102, 34103, 34108), which increased 81.8 percent in July. Increased sales of single-family homes near the beach are reducing this geographic area’s months supply, which was 14.9 months in July 2024, but because of an increase in summer sales activity, dropped to 12.3 months supply in July 2025.

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

Thousands of new homes being built in SW Florida. What’s happening in Naples, Collier?

Thousands of new homes being built in SW Florida. What’s happening in Naples, Collier?

J. Kyle Foster | Naples Daily News

New home construction continues across Southwest Florida, and in Collier County coincides with two major I-75 interchange updates: at U.S./SR 951 (Exit 101) and the county’s first diverging diamond under construction at Pine Ridge Road (exit 107).

Thousands of homes, single-family and multi-family, have been approved, are in the planning stages or are under construction in the largest county in the state of Florida with 1,997 square miles of land. Most available land is in the north and east, and growth is pushing that way.

What are some of the communities being built or planned in Collier County?
Golden Gate Estates, a vast residential area in eastern Collier County, is still under construction, offering large acreage lots ranging from 1 to over 10 acres. The Golden Gate community is estimated to have a population of about 30,000, according to World Population Review. It has an expected build out of more than 54,000 residents, with a density of about 1 person per acre.

A community called Bellmar made up of three villages, including a whole new town, is proposed and has been approved at the county level for as many as 8,350 homes in east Collier County near Golden Gate Estates. Collier Enterprises has obtained some of the required local and state permits for the rural village east of Golden Gate Estates, the developer still needs what’s known as a Section 404, or wetlands permit, under the Clean Water Act to begin construction.

As many as 2,111 luxury single-family homes and villas may be built along the 951/Collier Boulevard corridor in the communities of Caymas, Seven Shores, Tamarindo and Summerlit – all on the northbound side of Collier Boulevard.

Fiori, Sparrow’s Amberlin South, Savoy, Allegro and Cadenza, Hammock Park, Azalea Park and Ekos will add 2,228 apartments and townhomes to Collier Boulevard.

The list goes on! Read the full article on naplesnews.com.

Are you looking for a home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.

Florida Commercial Real Estate Surges on Population Boom & Tax Appeal

Florida Commercial Real Estate Surges on Population Boom & Tax Appeal

What’s Fueling the Boom?

In-migration of high-net-worth residents
South Florida, especially counties like Palm Beach, has welcomed ~90,000 new residents recently. Many are affluent executives and tech professionals relocating in droves over the past few years.

Tax advantages
Florida’s lack of income and estate taxes is proving attractive to businesses and investors. Combined with favorable commercial rent tax cuts (effective October 2025), the state climate supports deep investment.

Market Snapshot
West Palm Beach: Retail occupancy hit record highs—vacancy rates below 3%—as mixed-use developments blend office, residential, and retail needs.

South Florida tri-county (Miami–Dade, Broward, Palm Beach): Commercial real estate volumes jumped 10% in H1 2025 to $5.6 billion, driven by a 110% surge in office and a steady demand for multifamily and retail assets.

The Self‑Sustaining Growth Cycle
The inflow of well-paid professionals triggers demand for upscale office space, dining, retail, and housing. This has sparked a virtuous cycle: companies follow their employees, integrated developments thrive, and investment continues.

Read about large companies moving into Florida, and the effects for the Naples area on naplesnewsnow.com.

Are you looking for a home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.

Marco Island sees two record home sales this year, but could they be shattered?

Marco Island sees two record home sales this year, but could they be shattered?

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.