A Steady Season Ahead as Buyer Activity Strengthens Across Key Price Ranges
We reviewed the latest MLS data and wrote this Esplanade Market Update to understand how the market has been moving as season approaches. From August through October, 18 homes sold with a median price of $1,166,250 and a median of 62 days on market. Inventory remains steady, buyer activity has picked up, and homes priced in the mid-range saw the strongest momentum. Three luxury homes have already closed in November so far, and we will be watching how those closings shape the upcoming monthly numbers.
Key Takeaways (TL;DR)
- 18 homes sold from August through October
- Median price: $1,166,250 across those sales
- Median days on market: 62
- 33 active listings and 10 pending as of mid-November
- The $1.3M–$1.9M segment saw the most activity
- Three early November luxury closings may bring the monthly median above the three-month trend
Three-Month Sales: Esplanade Prices and Activity
The three-month rolling period shows a steady market with activity spread across several price ranges. Among the 18 most recent closings:
- $470K–$750K: 5 sales
- $750K–$1.3M: 4 sales
- $1.3M–$1.9M: 6 sales
- $2M+: 3 sales
This distribution shows how Esplanade’s market functions in distinct tiers. The $1.3M–$1.9M range continues to drive most of the movement, while premium homes above $2M close less frequently but still contribute meaningful activity. Entry-level homes under $750K remain a smaller, but steady, portion of recent sales.
Why Monthly Numbers Can Look Higher or Lower Than Expected
Esplanade doesn’t have dozens of closings each month. It usually has just five or six. With so few sales, the monthly median is heavily influenced by whichever homes happen to close that month. One or two higher-priced sales can make the median look like prices jumped, even when the overall market hasn’t changed.
That’s why we also look at the three-month rolling median. It groups together more closings…18 in this case…so you see the true trend over the most recent three months, not just one month’s mix of properties.
Current Esplanade Inventory Snapshot
As of mid-November, Esplanade has 33 active listings with a median list price in the mid-$700Ks. Homes are spread across a range of sizes and property types:
- Entry-level condos remain the most common listings
- Villas and mid-range single-family homes offer the most balanced selection
- Higher-end homes ($1.5M+) show fewer active units, giving buyers limited choices
Most listings have been on the market fewer than 90 days, which aligns with a steady, balanced market heading into season. To see how Esplanade’s activity compares with the broader Naples market, you can review the Naples Real Estate Market Update. For a national perspective on existing-home sales trends, see the NAR Existing Home Sales report.
Pending Sales and Buyer Activity
There are 10 pending contracts, ranging from $499,999 to $3.795M, with a median in the high-$1M range. This suggests active buyer engagement across multiple price points. Mid-range homes continue to draw the strongest interest, but premium properties also saw movement as season approaches.
Showing activity remains measured. Recent patterns indicate that buyers who are touring homes tend to be serious about making decisions.
Worthington Realty agent Kim J. Dolniak, who specializes in Esplanade, shared her perspective:
“October had eight properties go pending, which is the strongest activity we’ve seen heading into season in three years. The momentum feels good. We typically see more inventory come on the market through January and February, so it’ll be interesting to see whether buyer demand keeps pace.”
Guidance for Esplanade Sellers
Selling in Esplanade right now works best when expectations match how each price segment is performing. Activity varies across the community and having a realistic view of where your home fits can help manage expectations throughout the process.
- Under $750K: Expect longer market times due to higher competition.
- $750K–$1.5M: This is the strongest segment with consistent buyer activity.
- $1.5M–$3M: Limited inventory gives sellers an advantage, and well-prepared homes can attract qualified buyers more quickly.
Thoughtful preparation and pricing based on the most recent three-month period tend to give sellers a clearer sense of what to expect.
Guidance for Esplanade Buyers
Buyers entering the Esplanade market will find a range of options, especially as season approaches. Having a realistic sense of what’s available in each price range can make the search feel more focused and productive.
- Healthy selection in the $700K–$1.5M range
- Limited options among premium single-family homes
- Motivated sellers in segments with more competition
Buyers who understand what they want—and act when the right fit appears—often have a smoother experience in the current conditions.
Five-Year Perspective on Esplanade
Over the past five years, Esplanade has moved through a complete market cycle. Each phase being shaped by broader changes in demand, interest rates, and available inventory.
In January 2020, the three-month rolling median was $442,500. As the pandemic drove demand to Southwest Florida, the community saw a significant surge in activity through 2021.Homes went under contract quickly, competition intensified, and the monthly median briefly reached more than $1.8 million in December of that year. Sales volume peaked near 44 homes per month, and properties moved in single-digit days on market.
Activity shifted as interest rates rose in 2022 and 2023. Buyer traffic slowed, days on market lengthened, and pricing adjusted from peak levels. Inventory also began to build as more homeowners decided it was the right time to sell, and the market worked through a period of higher supply.
By April 2025, active listings reached their recent high point at 44 homes before beginning to ease again. Through the summer and fall, buyer activity improved, and inventory absorbed steadily. This October finished with 29 active listings—down 34% from the spring high—and eight homes went under contract, marking the strongest October in three years.
Frequently Asked Questions
The three-month median is $1,166,250, based on 18 recent closings. Most homes sold between $750,000 and $2 million, with the largest concentration in the $1.2M to $2M range.
The current median is 62 days, an improvement from 86 days earlier this year. Homes under $750K typically take 70 to 90 days due to more competition. Mid-range homes ($750K–$1.5M) often go under contract in 60 to 75 days, while premium homes above $1.5M can move in 50 to 70 days when priced well.
Esplanade typically sees five or six closings per month. A few higher-priced sales can move the monthly median noticeably, which is why the rolling three-month view gives a clearer picture. For example, three luxury homes closed in early November, which will push that month’s median higher than the underlying trend.
Buyer activity strengthened in October with eight pending sales—the best October in three years. Inventory is balanced at 33 active listings, and we typically see more homes come on the market through January and February. Whether you buy or sell depends on your specific situation and timeline, but momentum heading into season is positive.
Esplanade offers a wide range of property types—from condos starting under $400K to luxury estates over $3M—all within one master-planned community. This diversity means market activity can vary significantly by price tier, which is why working with an agent who knows the community well matters.
Final Thoughts on the Esplanade Market Update
Esplanade continues to show steady activity with a healthy mix of homes across price ranges. The latest three-month data reflects consistent buyer engagement as season approaches, and early November closings highlight the importance of looking at trends over time rather than relying on a single month.
If you’re thinking about your next move, you can browse the latest homes here: Search Esplanade Homes.
Most homeowners feel overwhelmed when it’s time to move. At Worthington Realty, we provide personalized guidance and clear communication so that you feel heard, valued, and confident in your decisions.
