How's the Real Estate Market??

Cape Coral, FL 33993

Single-Family Homes

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



Cape Coral, FL 33993

Tue Aug 11 2020
This week the median list price for Cape Coral, FL 33993 is $300,000 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has held steady at or around 166. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cape Coral, FL 33993

Tue Aug 11 2020
This week the median list price for Cape Coral, FL 33993 is $300,000 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has held steady at or around 166. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $300,000
Per Square Foot $159
Days on Market 128
Price Decreased 25%
Price Increased 14%
Relisted 7%
Inventory 166
Median Rent $3,300
Most Expensive $2,350,000
Least Expensive $139,900
Market Action 48
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, 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
$615,000 2,398 0.25 - 0.5 acre 3 3 5 4 8 193
$352,900 2,046 0.25 - 0.5 acre 3 2 0 5 7 160
$254,450 1,867 0.25 - 0.5 acre 3 2 1 5 6 93
$211,990 1,466 0.25 - 0.5 acre 3 2 13 10 14 67