Cape Coral October Market Update – Josh Bohling - LPT Realty SW FL

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

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

📉 Closed sales: 378 (down 2.1%)
📦 Active inventory: 2,437 (down 10.0%)
🏡 New listings: 595 (down 11.3%)
💵 Median sales price: $365,000 (down 3.7%)
📉 Median Sold $/SqFt: $218 (down 5.0%)
⏳ Median days on market: 66 (up 22.2%)
📊 Months of supply: 6.4 (down 8.1%)
🔻 List-to-sale ratio: 96.4% (down 0.8%)

✅ Takeaway: The single-family market in Cape Coral shows a cooling trend. Closed sales, new listings, and active inventory have all decreased, along with a slight dip in median sales price and sold price per square foot. However, the increase in median days on market suggests that homes are taking longer to sell, indicating a shift towards a more balanced market.

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

📈 Closed sales: 41 (up 173.3%)
📦 Active inventory: 363 (down 8.3%)
🏡 New listings: 71 (down 1.4%)
💵 Median sales price: $195,000 (down 15.2%)
📉 Median Sold $/SqFt: $147 (down 21.4%)
⏳ Median days on market: 51 (down 30.6%)
📊 Months of supply: 8.9 (down 66.5%)
🔻 List-to-sale ratio: 93.8% (up 0.9%)

✅ Takeaway: The Cape Coral condo/townhouse market is experiencing a significant surge in closed sales, a positive sign for sellers. However, this is contrasted by a notable decrease in median sales price and median sold price per square foot, suggesting that affordability is a key driver. The decrease in days on market and months of supply indicates a fast-moving market for condos and townhouses.

🧠 What Does It All Mean?

Single Family Homes → The Cape Coral single-family market is showing signs of stabilization. While most indicators are slightly down, the market remains relatively balanced. The increase in days on market suggests that buyers have more time to make decisions, creating a less frenzied environment.

Condos/Townhomes → The Cape Coral condo/townhouse market is a hot spot of activity. The dramatic increase in closed sales, coupled with lower prices, points to a high-demand segment, especially for budget-conscious buyers. The market is moving quickly, so buyers need to be prepared to act fast.

👉 The takeaway: Cape Coral presents a tale of two markets this fall. The single-family home market is settling into a more balanced state, offering a calmer experience for buyers. In contrast, the condo and townhouse market is bustling with activity, driven by affordability and high demand. Whether you're looking for a family home or a low-maintenance condo, Cape Coral has opportunities to explore.

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

Josh