How's the Real Estate Market??

Cape Coral, FL 33904

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Cape Coral, FL 33904

Tue Aug 11 2020
This week the median list price for Cape Coral, FL 33904 is $425,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 153. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Cape Coral, FL 33904

Tue Aug 11 2020
This week the median list price for Cape Coral, FL 33904 is $425,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 153. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $425,000
Per Square Foot $246
Days on Market 139
Price Decreased 31%
Price Increased 5%
Relisted 7%
Inventory 153
Median Rent $3,750
Most Expensive $3,995,000
Least Expensive $178,900
Market Action 44
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,215,000 3,438 0.25 - 0.5 acre 4 4 16 1 1 255
$564,500 2,168 0.25 - 0.5 acre 3 2 33 3 6 135
$379,450 1,562 0.25 - 0.5 acre 3 2 46 6 4 117
$249,900 1,536 0.25 - 0.5 acre 3 2 42 8 8 50