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Summer DEALS AND SUMMER FUN ARE HERE! |
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The Naples market is continuing to correct and move toward a more balanced, stable environment. Buyers are actively stepping in and absorbing inventory, and the overall trend is one of normalization after the volatility of the past year. If you’re interested in the specific numbers and a deeper breakdown of what’s driving this shift, be sure to check out our full market update below—it’s a great snapshot of where things stand and where they may be heading.
May in Southwest Florida always brings a little urgency with it—the “if not now, when?” crowd starts showing up. These last-minute buyers tend to be some of the most motivated, and with decent inventory still on the table, this is a key window to make a move before summer heat (and humidity) settle in.
On the personal side, we were fortunate enough to sit down with Robert Reffkin, CEO of Compass International Holdings, during his recent visit to Naples. We also had the chance to spend time with our friend, fellow Compass Hamptons agent, and musical talent Antonio Bottero while he was in town. As always, we’ve been out enjoying everything Southwest Florida has to offer—time on the beaches and watching the Florida Everblades continue doing what they do best: chasing (and winning) Kelly Cup titles. |
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Naples Fireside Chat with Compass International Holdings CEO Robert Reffkin |
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| | Spent some time with Compass Hamptons Agent, and Musician, Antonio Bottero at Sugarshack! |
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Summer Time is right around the corner! Family Day on the Beach never disappoints! |
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| | Watching the Florida Everblades win Game 1 of the Kelly Cup (Yes! We have Hockey in SWFL) |
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Real Estate NEWS AND UPDATES |
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| Naples Normalcy is Right Around the Corner! The Naples real estate market is clearly finding its footing after the slowdown we saw late last year. Closed sales climbed steadily from 572 in January to 731 in February and 1,057 in March. Strong buyer activity earlier in the season is now translating into completed transactions. Pending sales also increased from 890 in January to 1,097 in March.
At the same time, New Listings have actually declined each month, from 1,942 in January to 1,445 in March. So what?... This tells us that buyers are actively absorbing inventory faster than it’s coming to market. Taken together, these metrics point to a market that is correcting and moving toward balance—where buyers still have negotiating power, but well-priced homes are continuing to sell in a reasonable timeframe and price.
While April data has not yet been released, current trends are showing that inventory is retreating back to normalcy, and we are seeing continued stabilization, and in some cases, even slight upward pressure for certain properties and certain communities.
If you’d like to discuss what this means for your specific situation, feel free to reach out to Michelle or me anytime—the Bowers Group is always happy to help you navigate the market with a strategy backed by real-time data. |
| DATA Courtesy of NAPLES AREA BOARD OF REALTORS (NABOR) |
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| | Cinco De Mayo: Choose Your Own Adventure! |
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Arguably the greatest holiday of them all (and yes, we’re willing to debate that), Cinco de Mayo isn’t about one event — it’s about your event. Pick your spot, grab your people, and make a night of it. Tacos, margaritas, maybe a cold Dos Equis in hand… You MIGHT even find Michelle & I out showing off our new salsa skills (thanks Bruce @ Allstar Dance.)
Whether it’s your go-to local Mexican spot or somewhere new you’ve been meaning to try, this is your official excuse to get out and enjoy it. And if you need a recommendation — a frozen margarita at Felipe's Taqueria is borderline dangerous (in a really good, get an Uber/Lyft Way).
Courtesy of SKIP'S THOUGHTS |
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| | One of Naples’ most unique and long-standing traditions, the Naples Canoe Races return this May with a full day of waterfront fun. Held along the Gordon River, the event combines competitive (and not-so-competitive) paddling with live music, a beer garden, and a vendor village — making it just as entertaining to watch as it is to race. Dating back to the late 1970s, it’s grown into a true community celebration where costumes, creativity, and the occasional upside-down canoe are all part of the experience.
Courtesy of NAPLESCANOERACES.COM |
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| LOCAL SPOTLIGHT: CAPTAIN CHRIS MCCUBBIN |
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Tarpon Fishing with Capt Chris! |
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If you’re looking to experience Southwest Florida the way it was meant to be enjoyed — on the water — there’s no better guide than Naples Inshore Fishing Charters with Captain Chris McCubbin at the helm. Chris is widely regarded as one of the best local captains around, specializing in inshore and backwater fishing for snook, redfish, tarpon, and more. Whether you’re a seasoned angler or bringing the family out for a fun day on the water, he knows exactly where to go and how to make it a great experience.
What makes this one even better for us — Chris isn’t just a top-tier captain, he’s a longtime Naples local. Skip actually grew up playing baseball with Chris right here in Naples, which tells you everything you need to know: good people, deep local roots, and someone who truly knows these waters, , this area, inside and out.
If you’re thinking about getting out on the water this season, make it count. Book your next fishing adventure with Captain Chris — you won’t regret it.
Capt. Chris McCubbin: 239-404-6255 |
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Your Air Conditioner: It’s Not Just About Temperature
In Southwest Florida, your A/C isn’t just there to keep things cool — it’s there to manage humidity. And in a sub-tropical environment like ours, humidity control is everything. Your system needs to pull excess moisture out of the air to keep humidity at or below 50%, which is the key threshold for minimizing the risk of microbial (mold) growth.
Here’s where most people get it wrong: the amount of time your A/C runs is what controls humidity — not just the temperature you set. That means your ideal thermostat setting isn’t fixed. It’s a moving target that changes throughout the year based on outdoor conditions. “Set it and forget it” sounds great… but from experience, it rarely works.
That’s where a professional home watch service comes in. Regular checks allow us to monitor indoor humidity levels and adjust the A/C settings as needed to ensure the system is actually doing its job — protecting your home. Spending a little more on electricity to keep humidity in check can save you tens of thousands in potential mold remediation.
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| Esplanade by the Islands - South East Naples |
| Esplanade by the Islands is a newer, gated, resort-style community by Taylor Morrison, offering a mix of single-family homes, villas, and coach homes designed around a true lifestyle-focused experience. At full buildout, the community is expected to include roughly 1,250 residences, giving it the scale to support its extensive amenity package while still maintaining a neighborhood feel.
Amenities are a major draw, centered around the Esplanade “resort living” concept, featuring a clubhouse with fitness center, resort-style pool, Bahama Bar, tennis and pickleball courts, and walking trails. A standout addition currently under development is the Culinary Center, which is expected to bring on-site dining, wine tastings, and cooking classes — creating a true social hub within the community.
Location-wise, it sits just off US-41 near Collier Blvd, providing convenient access to both Downtown Naples and Marco Island, along with nearby shopping, dining, and beaches.
Overall, Esplanade by the Islands is a strong option for buyers looking for newer construction, lifestyle-driven amenities, and a large-scale community with long-term upside as development continues. With about 225 Single Family Home lots left, and just about as many Coach Homes, don't miss out on whats left of this amazing community. |
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| | | 6210 Reserve Cir, Unit 501, 34119 |
| 2 BD 2 BA 1753 SF $525,000 |
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| South Seas North Condominiums of Marco Island |
| 601 Seaview Ct, Unit C103, 34145 |
| 2 BD 2 BA 964 SF $540,000 |
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| | | South Seas North Condominiums of Marco Island |
| 507 Seaview Ct, Unit Q1, 34145 |
| 2 BD 2 BA 1035 SF $539,900 |
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| | | 3 BD 2 BA 1832 SF $575,000 |
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| | | | 9856 Costa Mesa Ln, Unit 609, 34135 |
| 2 BD 2 BA 1260 SF $225,000 |
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| | 6597 Nicholas Blvd, Unit 601, 34108 |
| 3 BD 3 BA 3275 SF $3,000,000 |
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| | | | 1135 3rd Ave S, Unit 409, 34102 |
| 3 BD 3 BA 2375 SF $2,775,000 |
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| | 12901 Pond Apple Dr E, 34119 |
| 4 BD 4 BA 3688 SF $2,650,000 |
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| | | | 21314 Braxfield Loop, 33928 |
| 5 BD 4 BA 2643 SF $774,000 |
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| | | 5963 Sand Wedge Ln, Unit 203, 34110 |
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| | | | 4705 Arboretum Cir, Unit 203, 34112 |
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Skip Riddle
Real Estate Advisor M: 239.776.1726 skip.riddle@compass.com |
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| | Michelle Riddle
Real Estate Advisor M: 239.776.1589 michelle.riddle@compass.com |
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Compass RE is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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