Cape Coral Real Estate Market Update – September 2026

Welcome to your September 2026 real estate market update for Cape Coral, Florida! Known as the city of canals, Cape Coral has more waterway miles than any city in the world, drawing boaters and families to its mix of gulf-access homes and affordable inland neighborhoods. Whether you are looking to buy, sell, or simply stay informed, here is a detailed look at how the market performed in August 2026.

Single Family Home Market Overview

The single-family home market in Cape Coral is trending toward sellers, with prices climbing and homes selling nearly a third faster than last year:

*Median Sold Price - $394,500 (+7.8% year-over-year)
*Closed Sales - 422 homes sold 
*Median Days on Market - 38 days 
*Active Inventory - 2,172 homes 
*Months Supply of Inventory - 5.1 months (-11.5% year-over-year) 
*Sold-to-List Price Ratio - 97.1% 

What this means for you: Cape Coral single-family is one of the stronger markets in the region this month. The median price climbed almost 8% year-over-year, homes are selling nearly a third faster, and sellers are netting 97.1% of list price on average. New listings actually surged 22%, but demand is absorbing that new supply fast enough that active inventory still fell 15.7%.

Condominium Market Overview

The condo market in Cape Coral is still a buyer's market on paper, but it's tightening quickly beneath the surface:

*Median Sold Price - $192,500 (+3.5% year-over-year)
*Closed Sales - 36 condos sold 
*Median Days on Market - 81 days 
*Active Inventory - 270 condos 
*Months Supply of Inventory - 7.5 months (-24.0% year-over-year) 
*Sold-to-List Price Ratio - 93.4% 

What this means for you: Cape Coral condos are quietly firming up. Inventory and months of supply both dropped sharply year-over-year, and price per square foot jumped over 12%. Days on market ticked up slightly, but with this much less to choose from, buyers are having to move with more urgency than they did a year ago.

Bottom Line

Cape Coral is showing some of the clearest seller momentum in Southwest Florida this month. Both single-family homes and condos are seeing shrinking inventory alongside rising per-square-foot values — a combination that hasn't been common in this market over the past couple of years. Buyers looking here should expect more competition than they saw last summer.

If you have any questions about these numbers or want to know what your Cape Coral property is worth in today's market, I am here to help. Reach out anytime — I would love to walk you through the data and your options.