The Robert Slack Market Report

Cape Coral, FL 33909

Single-Family Homes

Find Your Next Home https://www.robertslackflorida.com/


Cape Coral, FL 33909

Sun May 04 2025
This week the median list price for Cape Coral, FL 33909 is $379,950 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 468. Click here to stay informed with the Cape Coral market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Cape Coral, FL 33909

Sun May 04 2025
This week the median list price for Cape Coral, FL 33909 is $379,950 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 468. Click here to stay informed with the Cape Coral market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $379,950
Median Price of New Listings $389,000
Per Square Foot $230
Average Days on Market 144
Median Days on Market 91
Price Decreased 60%
Price Increased 4%
Relisted 14%
Inventory 468
Median Rent
Market Action 29
Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$539,990 1,997 0.25 - 0.5 acre 4 3 2 8 9 91
$415,000 1,783 0.25 - 0.5 acre 3 2 3 11 7 98
$353,900 1,661 0.25 - 0.5 acre 3 2 4 4 5 105
$300,000 1,408 0.25 - 0.5 acre 3 2 18 10 13 63