Market Update

Here’s your Market Update for Cape Coral-Fort Myers area single-family homes. In January, the median sale price for single-family homes came in at $399,500, which is just slightly lower than the median sale price in January 2024. The active inventory of homes on the market is 36% higher than last year, which continues to give buyers an advantage when home shopping. Closed sales are up slightly from last year, and pending sales have decreased 11% since last January. 

Here’s what you should know about Southwest Florida’s current real estate market: There are a lot of great homes on the market, and sellers are ready to negotiate! We had three closings in January and two in February, where we negotiated an average of 6.0% off the list price for each buyer, a total savings of more than $133,000! And in all five sales, the sellers paid commission!

We can also connect you with great lenders who will work to find the best loan package for you. While we cannot guarantee the same results for you, we can guarantee that we will work hard to find properties with motivated sellers, and we will work hard to negotiate a great deal for you!

 Contact us today, and let’s talk about the possibilities and see if there is an opportunity that could work for you.