January home sales weak, seasonal activity rising
My, oh my, how the real estate market has changed. Yet the seasonal window of opportunity has opened up a bit more for those sellers willing to take advantage of it. The buyer activity in Cape Coral has been picking up as one would expect at this time of year, but our market is still trying to catch up with last year’s sales numbers – a fact that is negatively compounded for sellers by the growing inventory of homes stacking up on the market unsold. As was the case last year, sellers will likely need to be more aggressive with their prices than they were expecting when they put their homes on the market if they want to be successful in getting their homes sold. Homes are still being sold, but if you have your home on the market and if it is not attracting much interest from buyers, it is probably time to re-evaluate your situation.
Current number of active listings and pending home sales
As of Tuesday, Feb. 18, there were 3,505 active listings in the MLS for Cape Coral single-family homes ranging in price from $162,500 for a
total of 15 homes in the Cape listed for less than $250,000. All of this was virtually unchanged from a week ago. There are currently 1,581 homes, or 45.1% of our market, listed for sale at $450,000 and under, with one-third of these homes on the market at $400,000 and under. At the other end of the price spectrum, there are 405 homes in the Cape listed at $1 million and MLS for Cape Coral single-family homes with the median list price settling median list price is down by 4% from one year ago.
The number of single-family homes in the Cape that are under contract with buyers as pending sales continues to get -
Direct sailboat access canal homes
In the Cape Coral single-family direct sailboat access canal home segment (meaning canal homes with no bridges in the canal system to get out
even though the total number of pending home sales this year are running 11.6% below last year, we are seeing about the same percentage increase this year from the level in place on
ago the median pending home sales price of $410,450 was 5.5% higher than our current median pending sales price of
Freshwater canal and lake homes
In the Cape Coral single-family freshwater canal and lake home segment, which consists of landlocked canals and lakes with no access to the river or
2008, when there was 22 months of unsold supply.
Closed home sales, median sales prices, and months of inventory
In the overall Cape Coral single-family home market, there were 258 closed
The median sales price in the Cape’s overall single-family home market was
in October 2021. The monthly supply of unsold homes in the overall Cape
last time we hit 16 months of inventory in the overall Cape Coral market was
Indirect gulf access canal homes
In the Cape Coral single-family indirect gulf access canal home segment (meaning canal homes with bridges in the canal system), there were 20 closed May 2014 at 26 months.
Dry lot homes
In the Cape Coral single-family dry lot (non-canal) home
the highest monthly amount of unsold supply in this segment
The sales data for this article was obtained from the Florida Realtors Multiple Listing Service Matrix for Lee County, Fla., as of Feb. 15, 2025, unless otherwise noted. It was compiled
Coral single-family homes, and does not include condominiums, short sales or foreclosures. The data and statistics are believed to be reliable, however, they could be updated and revised periodically, and are subject to change without notice. The Quinns are a husband and wife real estate team with the
for over 45 years. Geri has been a full-time Realtor since 2005, and Bob joined Geri as a full-time Realtor in 2014. Their real estate practice is mainly focused on Cape Coral residential property and vacant lots.
Fri. 2/21/2025 11-2pm 2526 SW 25th Ave, Cape Coral, FL 33914 $1,695,000
2/21/2025 10-1pm 4608 SW 25th Court Cape Coral, FL 33914
2/21/2025 11 -3pm 5622 Coronado Court Cape Coral, FL 33904 $4,400,000
2/22/2025 10-1pm 605 SE 17th St
Sat. 2/22/2025 1-4pm 2819 El Dorado Pkwy W Cape Coral $1,675,000
Coldwell Banker Realty Sat. 2/22/2025 10:30-1:30pm 1915 Ottersrest Ln Cape Coral $915,000
Engler Coldwell Banker Realty Sat. 2/22/2025 11-1pm 20790 Country Creek Dr. # 514 Estero
Sat. 2/22/2025 12-3pm 3445 NE 21st Ave Cape Coral $499,000 Lindsey Svarczkopf Coldwell Banker Realty
Sat. 2/22/2025 11-2pm 1500 NW 37th Ave, Cape Coral, FL 33993
Sat. 2/22/2025 11-4pm 1110 Lorraine Ct, Cape Coral, FL 33904
$375,000 Darla Rae Lloyd Rossman Realty Group
$1,890,000 Brad Peska Experience Real Estate Group
Sat. 2/22/2025 10-1pm 2526 SW 25th Ave, Cape Coral, FL 33914 $1,695,000 Madison Fry Marshall Reddick Real Estate
Sat. 2/22/2025 11-1pm 1797 Four Mile Cove Pkwy #1015, Cape Coral, FL 33990 $394,500 Brittany McCormack Florida Complete Realty
Sat. 2/22/2025 11-2pm 1705 SE 7th St, Cape Coral, FL 33990
Sat. 2/22/2025 11-1pm 1137 SW 44th Ter, Cape Coral, FL 33914
Sat. 2/22/2025 12-3pm 134 SW 49th Ter, Cape Coral, FL 33914
Sat. 2/22/2025 12-3pm 2222 NE 22nd Ave, Cape Coral, FL 33909
Sat. 2/22/2025 12-3pm 1305 NE 2nd Pl, Cape Coral, FL 33909
Sat. 2/22/2025 1-4pm 1503 NW 13th Ave, Cape Coral, FL 33993
Sat. 2/22/2025 12-3pm 2640 Somerville Loop Apt 1507, Cape Coral, FL 33991
Sat. 2/22/2025 1-3pm 1508 SE 21st St, Cape Coral, FL 33990
Sat. 2/22/2025 11-3pm 5622 Coronado Court Cape Coral, FL 33904
Sat. 2/22/2025 11-2pm 4280 SE 20th Place Unit #802 Cape Coral, FL 33904
Sat. 2/22/2025 11-2pm 304 Spring Hill Lake Loop Cape Coral, FL 33993
Sat. 2/22/2025 12-3pm 4306 Garden Blvd Cape Coral, FL 33909
Sat. 2/22/2025 11-3pm 5216 SW 8th Place Cape Coral, FL 33914
Sat. 2/22/2025 10-1pm 1404 SE 22nd Terrace Cape Coral, FL 33990
Sun. 2/23/2025 11-2pm 1500 NW 37th Ave, Cape Coral, FL 33993
Sun. 2/23/2025 11-4pm 1110 Lorraine Ct, Cape Coral, FL 33904
$439,000 Linda Curtis Florida Complete Realty
$425,000 Michelle Linenko Priceless Realty
$1,595,000 Karl Joerg Aschenbrenner Premier Cape Realty
$435,000
$330,000
Laura Borgersen Hamilton-Franklin Realty
Crystal Negron Marzucco Real Estate
$444,900 Nick Comerford Cape Premier Realty
$299,500 Jaclyn Fenske Pinnacle Property Group
$335,000 Nannette G. Maxson JP & Associates Realtors
$4,400,000 Mike Sasse BHHS Florida Realty
$1,599,500
$375,000 Darla Rae Lloyd Rossman Realty Group
$1,890,000 Brad Peska Experience Real
Sun. 2/23/2025 1-4pm 2526 SW 25th Ave, Cape Coral, FL 33914 $1,695,000
Sun. 2/23/2025 12-3pm 5312 SW 25th Pl, Cape Coral, FL 33914 $999,999
Sun. 2/23/2025 12-3pm 1710 Country Club Blvd, Cape Coral, FL 33990
Sun. 2/23/2025 1-5pm 4202 SE 4th Pl Unit 3, Cape Coral, FL 33904 $279,000
Sun. 2/23/2025 1-3pm 13109 Simsbury Terrace Fort Myers, FL 33913
Sun. 2/23/2025 1-3pm 2124 NE 40th ST, Cape Coral, FL 33909 $549,000
2/23/2025 12:30-2:30pm 9277
Marinello Sabella
