Market Intelligence Report — FL-980

Cape Coral-Fort Myers, FL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-FL-09
As of the latest 2026 data
Very Weak

Median Listing

$380K
-5.0% YoY

Pending Ratio

0.25
+4.6% YoY

Active Inventory

9,173
-14.1% YoY

Median DOM

91 Days
-10.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Cape Coral-Fort Myers market?

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The Cape Coral-Fort Myers housing market is currently experiencing very weak demand absorption, with a pending ratio of 0.25. Active listings show a year-over-year contraction of 14.1%, even as median listing prices have declined by 5.0% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.8%+0.0 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

875,607+1.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

804-32.7% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Cape Coral-Fort Myers market right now.

Active listings have decreased by 14.1% year-over-year, while new listings registered a modest increase of 3.8% over the past year. The median listing price has seen a 5.0% year-over-year decline, reaching $379,900. Days on market have compressed by 10.0% year-over-year, but the pending ratio remains low at 0.25, despite a 4.6 percentage point increase from the prior year.

Historical Analysis

Market Trends

Median Price

$380K-0.0% MoM

Active Inventory

9,173-14.1% YoY

Days on Market

91-10.0% YoY

Sold Score™

35+4.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

35
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market is characterized by a significantly slower pace of transactions, as evidenced by the low pending ratio. Inventory levels, while contracting, are not being absorbed at a rate that would necessitate aggressive price discipline from sellers. Negotiating leverage strongly favors buyers given the substantial supply relative to demand.

Luxury Segment

The average listing price increased by 2.9% year-over-year to $629,357, while the median price declined by 5.0% to $379,900, widening the average-to-median spread. Median price per square foot also decreased by 5.5% over the past year, indicating softness in higher price tiers despite the increase in average listing price.

Supply Dynamics

9,173 active listings represent the current floor, with new supply arriving at roughly 2,196 per month.

Pricing Pressure
19.3%

of active listings carry a price reduction, +0.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.5% year-over-year.

Absorption
0.25

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Cape Coral-Fort Myers, FL? Homes here are taking 10 days less to sell than last year.

Buyers have leverage in Cape Coral-Fort Myers, FL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
25%
Median Days on Market
91 days
Inventory YoY
−14%

In a buyer's market, strategy beats timing. See how your home scores in Cape Coral-Fort Myers, FL and what moves the number.

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Metro Demographics

Metro Area
Cape Coral-Fort Myers, FL
CBSA Code
15980
State
FL

ZIPs in Cape Coral-Fort Myers, FL

Sorted by active inventory · click a ZIP for its full report