Altos Market Data for Realtors

Cape Coral, FL

Single-Family Homes

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Cape Coral, FL

Mon May 06 2024
This week the median list price for Cape Coral, FL is $499,900 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 2,864. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Cape Coral, FL

Mon May 06 2024
This week the median list price for Cape Coral, FL is $499,900 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 2,864. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Cape Coral market.
Median List Price $499,900
Median Price of New Listings $467,450
Per Square Foot $273
Average Days on Market 118
Median Days on Market 84
Price Decreased 59%
Price Increased 5%
Relisted 12%
Inventory 2,864
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$999,998 2,354 0.25 - 0.5 acre 3 3 16 38 41 98
$589,000 1,974 0.25 - 0.5 acre 3 2 17 50 51 84
$445,000 1,817 0.25 - 0.5 acre 3 2 10 56 53 77
$350,000 1,522 0.25 - 0.5 acre 3 2 18 60 74 63