SW Florida August Market Update – Cape Coral | Josh Bohling - LPT Realty SW FL

🌴 SW Florida August Market Update – Cape Coral | Josh Bohling - LPT Realty SW FL

Summer in Florida usually slows the real estate market — storms, heat, and fewer tourists. Yes, headlines about sluggish sales and rising inventory aren’t wrong. After years of rapid growth, the market has cooled — higher prices, rising insurance, cautious buyers, and some overbuilding all play a role. 🌪️🏗️📉

But the local Cape Coral numbers tell the real story...

📍 Cape Coral – Single Family Homes (July 2025 vs 2024)

* 📈  Closed sales: 434 (down 8.4%)
* 📦  Active inventory: 2,902 (up 6.3%)
* 🏡  New listings: 625 (down 11.6%)
* 💵  Median sales price: $364,950 (down 6.2%)
* 📉  Median price per sq ft: $219 (down 5.6%)
* ⏳  Median days on market: 57 (up 15.2%)
* 📊  Months of supply: 6.7 (up 16.1%)
* 🔻  List-to-sale ratio: 96.9% (down slightly, 0.6%)

✅  Takeaway:  A balanced market with softer prices, steady inventory, and room for buyers to negotiate — but homes priced right are still moving quickly.

📍 Cape Coral – Condos & Townhouses (July 2025 vs 2024)

* 📈  Closed sales: 38 (unchanged)
* 📦  Active inventory: 392 (down 4.2%)
* 🏡  New listings: 63 (down 7.4%)
* 💵  Median sales price: $217,000 (down  21.8%)
* 📉  Median price per sq ft: $157 (down 28%)
* ⏳  Median days on market: 126 (up 38.5%)
* 📊  Months of supply: 10.3 (down 4.2%)
* 🔻  List-to-sale ratio: 94.3% (down slightly at .5%)

✅ Takeaway: Condos/townhouses are clearly in a buyer’s market — deeper discounts, much longer days on market, and negotiating room.

 🧠 What Does It All Mean?

Single Family Homes → Balanced market, prices softening slightly, but homes are still moving when priced correctly.
Condos/Townhomes → Deeper discounts, much slower sales pace, and excellent opportunities for patient buyers.

👉 The takeaway: Cape Coral buyers have a unique window of opportunity this summer. Whether you’re eyeing a single-family home or a condo, conditions are favorable, pricing has eased, and inventory is available.

📞 Thinking about making a move in Cape Coral? Let’s talk strategy and find the right fit for you.

Josh Bohling LPT Realty | Southwest Florida
📲 239-320-5326 (Call or Text)