Is Cape Coral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
Since last year, Cape Coral has remained a Seller's Market.
Key Takeaway
Cape Coral is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Cape Coral, FL cost?
Median Sold Price
$389,237
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
+$90,965(+30.5%)
Key Takeaway
Homes in Cape Coral have sold for 30.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | $124K | $166K | +33.9% |
| 2 Bedrooms | $190K | $260K | +36.9% |
| 3 Bedrooms | $297.5K | $384.9K | +29.4% |
| 4 Bedrooms | $350K | $449K | +28.3% |
| 5+ Bedrooms | $380K | $540K | +42.1% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| North Fort Myers | +31.6% |
| Cape Coral | +30.5% |
| Fort Myers | +25.8% |
| Pine Island | +21.0% |
| Saint James City | +20.7% |
How many homes are available in Cape Coral, FL?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 2,309 | 2,327 | +0.8% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 15 | 11 | -26.7%  |
| 2 Bedrooms | 242 | 220 | -9.1% |
| 3 Bedrooms | 1,424 | 1,460 | +2.5% |
| 4 Bedrooms | 549 | 559 | +1.8% |
| 5+ Bedrooms | 79 | 77 | -2.5% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 667 | 570 | -14.5% |
Asking Price vs. Sold Price
211 Homes Were Sold
Under Asking
159 Homes Were Sold
At Asking
200 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cape Coral, you may be able to get a good deal. 37% of homes here sold below asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 15 Days | 19 Days | +29.0% |
Breakdown of Home Sale Times
469 Homes Were Sold
Under 30 Days
81 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cape Coral are selling fast, if you're buying plan to act quickly.
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