How's the Real Estate Market??

Cape Coral, FL 33990

Single-Family Homes

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



Cape Coral, FL 33990

Sun May 29 2022
This week the median list price for Cape Coral, FL 33990 is $535,000 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has increased to 77. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Cape Coral, FL 33990

Sun May 29 2022
This week the median list price for Cape Coral, FL 33990 is $535,000 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has increased to 77. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $535,000
Median Price of New Listings $427,450
Per Square Foot $286
Average Days on Market 50
Median Days on Market 21
Price Decreased 38%
Price Increased 8%
Relisted 14%
Inventory 77
Median Rent
Market Action 67
Strong Seller's Market

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
$795,000 2,300 0.25 - 0.5 acre 4 3 19 2 2 35
$619,900 1,971 0.25 - 0.5 acre 3 2 29 4 4 28
$475,000 1,782 0.25 - 0.5 acre 3 2 34 5 8 35
$359,900 1,342 0.25 - 0.5 acre 3 2 37 7 8 14