The Robert Slack Market Report

Cape Coral, FL 33909

Single-Family Homes

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


Cape Coral, FL 33909

Wed Jun 25 2025
This week the median list price for Cape Coral, FL 33909 is $375,000 with the market action index hovering around 20. This is less than last month's market action index of 38. Inventory has held steady at or around 471. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Cape Coral, FL 33909

Wed Jun 25 2025
This week the median list price for Cape Coral, FL 33909 is $375,000 with the market action index hovering around 20. This is less than last month's market action index of 38. Inventory has held steady at or around 471. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $375,000
Median Price of New Listings $344,990
Per Square Foot $223
Average Days on Market 146
Median Days on Market 105
Price Decreased 46%
Price Increased 3%
Relisted 8%
Inventory 471
Median Rent
Market Action 20
Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

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
$527,500 1,962 0.25 - 0.5 acre 4 3 2 5 1 112
$402,500 1,806 0.25 - 0.5 acre 3 2 3 5 3 101
$349,900 1,683 0.25 - 0.5 acre 3 2 3 11 1 129
$299,900 1,469 0.25 - 0.5 acre 3 2 18 12 4 77