SW FL Real Estate Report

June 12, 2024

CWL ~ Cape Coral/SW FL Real Estate Report May 2024

 

May Cape Coral/SWFL R.E. Market Steady

“Steady as she goes” is the message for this month. Cape Coral prices remained about the same as April 2023, and although Lee County experienced a drop in the number of sales, the average price increased by 3% over April, 2023 ...

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May 12, 2024

CWL~ Cape Coral/SWFL Real Estate Report April 2024

 

Cape Coral/SWFL March R.E. Prices Steady – Inventory Drops

If the past few months are any indication, Cape Coral and Lee County real estate seems to be back on track. As you’ll read in the charts below, C.C. home prices equaled last March’s price, as did ...

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April 16, 2024

CWL ~ Cape Coral/SW FL Real Estate Report March 2024

 

February Was A Solid Month for Cape Coral Real Estate

 

High-season has brought good news for the SWFL real estate market. Home prices rose from February 2023, and most importantly, inventory dropped significantly from the decade's high number in January. The charts below are most ...

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April 16, 2024

CWL ~ Cape Coral/SW FL Real Estate Report February 2024

Good News/Bad News: Cape & SWFL Home Prices Soar

But So Does Inventory

As projected last month, C.C. and SWFL home prices took off in January after a dismal, cycle-breaking low in December. As you'll read below, even with MLS stats to help guide me, I did ...

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Feb. 28, 2024

CWL ~ Cape Coral /SW FL Real Estate Report January 2024

 

December Cape Home Prices Hit a New Low – Inventory Steady

December is typically the least active month of the year for obvious holiday reasons. It was my wrong opinion that December 2022 was going to be the low point in this cycle for Cape Coral home prices. Well, December ...

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Jan. 7, 2024

CWL~ Cape Coral/SW FL Real Estate Report December 2023

Nov. Cape Home Prices Increase, But Inventory Keeps Rising

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As anticipated, November home prices witnessed a decent jump in prices, in part due to a $6M home sale which you'll read about herein. Inventory rose for the 5th straight month, and it may not be until the mid-to late ...

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Jan. 7, 2024

CWL~ Cape Coral/SW FL Real Estate Report November 2023

 

Cape Home Prices Drop – Inventory Rises To “Neutral” Level

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Sometimes I wish I was wrong in my projections, but unfortunately, MLS indicators rarely are wrong. We’ve seen the continuing rise in home inventory, which inevitably leads to lower prices. For the first time in over a decade, October’s ...

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Jan. 7, 2024

CWL ~ Cape Coral/SW FL Real Estate Report October 2023

Cape Inventory Rose in September – A Future Concern?

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With more homes coming on the market than are being sold, there are now over 2,000 homes available for sale in Cape Coral. This is the highest number in several years and with 410 closings in Sept, equates to a ...
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Sept. 29, 2023

CWL ~ Cape Coral/SW FL Real Estate Report August 2023

 

Slight Drop in Cape Home Prices - Bump in Inventory

As expected, and reported in our last few reports, July experienced the typical summer slowdown in home prices. MLS Pending Home Sales prepared us for prices to fall below the $500K mark, with MLS indicators showing that trend will continue ...

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