Market Intelligence Report — FL-980

Cape Coral-Fort Myers, FL

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

Ref. No: 2026-FL-08
As of the latest 2026 data
Cooling

Median Listing

$380K
-6.2% YoY

Pending Ratio

0.26
+6.0% YoY

Active Inventory

9,351
-16.2% YoY

Median DOM

95 Days
-10.4% YoY

Primary Intelligence Tool — Sold Score™

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

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Cape Coral-Fort Myers, FL.

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The Cape Coral-Fort Myers market is exhibiting cooling conditions. The pending ratio currently stands at 0.26, indicating that demand absorption continues to lag available supply, despite a 6.0% year-over-year increase in this metric. The median listing price declined 6.2% year-over-year, settling at $380,000.

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

5.2%+0.6 pp YoY

Unemployment rate · Jul 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

1,138+23.2% YoY

Building permits (private housing units) · Jul 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.

Inventory levels have contracted, with active listings down 16.2% year-over-year to 9,351 units. However, new listings have seen a modest 3.1% year-over-year increase, adding to potential supply. Concurrently, the median listing price has experienced a 6.2% year-over-year decline, reaching $380,000, while the median price per square foot decreased 5.9% over the same period. Median days on market improved by 10.4% year-over-year, suggesting some acceleration in transaction pace.

Historical Analysis

Market Trends

Median Price

$380K-2.6% MoM

Active Inventory

9,351-16.2% YoY

Days on Market

95-10.4% YoY

Sold Score™

39+6.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 dynamics suggest that buyers are afforded greater optionality due to the prevailing inventory levels relative to demand. While the pace of transactions has slightly quickened with a reduction in median days on market, the lower pending ratio indicates that demand absorption is not creating significant pressure on pricing. Negotiations are likely to be influenced by persistent supply and moderated demand pace.

Luxury Segment

A divergence is observed in the luxury segment, with the average listing price increasing 3.5% year-over-year, while the median listing price declined. This suggests that activity at the higher end of the market may be influencing aggregate price metrics differently than the broader market.

Supply Dynamics

9,351 active listings represent the current floor, with new supply arriving at roughly 1,992 per month.

Pricing Pressure
19.9%

of active listings carry a price reduction, -0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.9% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cape Coral-Fort Myers, FL? Homes here are taking 11 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
26%
Median Days on Market
95 days
Inventory YoY
−16%

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