SWFL Market Update

Here’s your Market Update for single-family homes in the Cape Coral-Fort Myers Area. In August, the median sale price for single-family homes dropped to $390,000. The median sale price has continued to steadily decline over the last several months. The active inventory of homes on the market continues to stay higher than the previous year, giving the Buyer the upper hand when home shopping. Sellers are ready and willing to negotiate, and closed sales are up 4.8% from last August. 

If you want to purchase a home, ensure you are working with an agent who understands the market and has strong negotiation skills. If you’re looking to sell your home this fall, make sure you are working with an experienced real estate agent who can help you highlight your home’s strengths and price your home accurately so it sells quickly. Please get in touch with us if you want to buy or sell your home this Fall!