Holiday Real Estate Market Update 2024: Cape Coral, FL

The average sale price in Cape Coral has settled at approximately $349,000, reflecting a modest 3.5% decrease from earlier months in 2024. High-end waterfront properties, however, continue to thrive, with some listings exceeding $1 million. This seasonal dip offers buyers a chance to find great deals, especially in mid-range and entry-level properties.

Cape Coral is bustling with fresh opportunities, as over 1,200 new properties have been listed this season. Sellers are taking advantage of the holidays to attract motivated buyers, making it a prime time for house hunters to explore options across a variety of budgets and styles.

Homes are currently spending an average of 91-98 days on the market, slightly longer than in peak selling seasons earlier this year. This shift indicates a more balanced market, where buyers have a little extra time to make decisions without feeling rushed.

Approximately 414 homes were sold in the last month, showing a slight seasonal slowdown. However, the ongoing demand for Cape Coral’s unique lifestyle, with its 400+ miles of canals and warm climate, ensures steady interest from out-of-state buyers and investors. The holiday season remains a strategic time for buyers and sellers looking to close deals before year-end.

Cape Coral’s real estate market continues to be a promising investment hub. With competitive pricing, a steady influx of new listings, and strong demand for waterfront living, 2025 is expected to bring renewed activity and growth. If you’re considering buying or selling, now is the perfect time to plan your next move.