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Cape Coral Housing Prices Plunge 14%, Florida Flashpoint

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Inventory Surge and Oversupply in Cape Coral A dramatic escalation in the number of homes for sale in Cape Coral signals significant shifts within the local housing market. The surge to 12,892 homes in 2025 represents more than a 30% increase from the previous year. This marks a phase of market saturation. This overflow of listings positions the buyers favorably, granting them unparalleled advantages in the market. The months supply of inventory has leapt from 1.3 to 7.3, indicating a decreased seller strength. This further reinforces buyer leverage. Declines in seller pricing power are observable, as the sale-to-list price ratio fell to 97.7% by June 2025. Current inventory is the highest in nearly a decade, surpassing pre-pandemic levels, which continues to grant significant negotiation power to buyers due to the vast array of options available. With oversupply characterizing Cape Coral’s housing arena, buyers encounter enhanced choices. Negotiating power also reshapes real estate d...