How's the Real Estate Market??

Cape Coral, FL 33991

Single-Family Homes

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



Cape Coral, FL 33991

Sun May 29 2022
This week the median list price for Cape Coral, FL 33991 is $499,900 with the market action index hovering around 74. This is less than last month's market action index of 75. Inventory has held steady at or around 63. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cape Coral, FL 33991

Sun May 29 2022
This week the median list price for Cape Coral, FL 33991 is $499,900 with the market action index hovering around 74. This is less than last month's market action index of 75. Inventory has held steady at or around 63. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $499,900
Median Price of New Listings $465,000
Per Square Foot $282
Average Days on Market 31
Median Days on Market 14
Price Decreased 32%
Price Increased 8%
Relisted 6%
Inventory 63
Median Rent
Market Action 74
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.

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
$799,000 2,242 0.25 - 0.5 acre 3 3 16 3 3 28
$572,450 1,990 0.25 - 0.5 acre 3 2 6 3 2 24
$479,800 1,805 0.25 - 0.5 acre 3 2 14 7 3 7
$422,500 1,730 0.25 - 0.5 acre 3 2 17 8 5 7