Sell your Cape Coral home

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Cape Coral, FL Housing Market

The Cape Coral housing market is somewhat competitive. Homes in Cape Coral receive 1 offers on average and sell in around 98 days. The median sale price of a home in Cape Coral was $395K last month, +1.9% since last year.

Cape Coral Market Trends

It’s still a good market to sell in Cape Coral.

Even though the market has shifted across the U.S., Cape Coral is still a good market to sell your home.

+1.9%
The average home value in Cape Coral has increased by +1.9%.
$395K
The median sale price for a home in Cape Coral has remained strong at $395K.

Cape Coral Real Estate

Learn more about the Cape Coral market

In the last 30 days, homes for sale in Cape Coral, FL sold for a median price of $395K, +1.9% compared to the same period last year. The median price per square foot was $227, -2.2% year-over-year. There were 404 homes sold, down from 3156 last year. Homes typically received 1 offers and stayed on the market for around 98 days.

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Texas Acquisition Manager

Meet our Cape Coral Expert, Andy

Andy will help you get the best offer in Cape Coral with no repairs or showings.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
Offer Requested!

Selling Your Home in Cape Coral, FL: Tips for Making Top Dollar

Dreaming of selling your home in Cape Coral, FL, and eager to make top dollar? You're not alone! With its coastal charm, delightful weather, and thriving community, Cape Coral offers a uniquely attractive real estate market. Whether you're considering renovations or want a hassle-free sale, there's plenty to consider to maximize your home's value.

Understanding the Current Market Trends

In mid-2023, Cape Coral’s real estate market reflects broader trends seen across Florida. While the explosive growth during the pandemic is moderating, demand remains strong, particularly for single-family homes with modern amenities. Currently, the median sale price sits at around $395K, a slight bump from last year, even as the market shows signs of stabilizing.

If you’re worried about your home sitting for too long, don’t be! The average days on the market is about 98 days, and with an average of one offer, it’s crucial to make your home stand out. Buyers are particularly interested in properties with waterfront access and up-to-date features.

Maximizing Your Home’s Value with Smart Renovations

Renovations can be a strategic move to enhance your home’s appeal. However, in Cape Coral's warm climate and unique coastal market, some improvements make more sense than others:

  • Kitchen Remodel: Minor updates, like new countertops or appliances, offer a notable return of about 75-80%.
  • Bathroom Renovation: Modern fixtures and efficient systems can yield a 65-70% ROI.
  • Outdoor Living Spaces: Florida buyers love features like decks or patios, bringing a 70-75% ROI.
  • Impact Windows and Doors: Essential for hurricane safety, these replacements boast an impressive 75-85% ROI.
  • Energy-Efficient Upgrades: Solar panels and efficient HVAC systems can offer an ROI of 60-80%, aided by savings on utility bills.

Consult local experts familiar with Cape Coral’s market to make informed renovation decisions.

Consider Selling Without Renovations: The Frontdoor Option

If you’re keen to avoid the hassle and cost of renovations, consider selling directly to Frontdoor. This option allows you to skip the time-consuming process of upgrading your home. You can get a fair offer without the headache of staging, showing, and negotiating—ideal for those looking for a quick and straightforward transaction.

Navigating the Selling Process: What to Expect

With a slight cooling in the market, more inventory is available. Still, sellers can capitalize on the strong demand by presenting their homes at competitive prices and maintaining flexibility during negotiations.

Remember, understanding the economic landscape is crucial. Interest rates, currently on a rise, might seem daunting, but they influence buyer decisions in your favor. A competitive market doesn’t just benefit buyers; it empowers sellers willing to make strategic choices.

Final Thoughts

Selling a home in Cape Coral involves understanding the dynamic market conditions and making decisions that align with both your financial goals and personal circumstances. Whether you opt for strategic renovations or choose a direct sale through platforms like Frontdoor, there are opportunities to achieve a satisfying outcome. Stay informed, plan thoughtfully, and embrace the vibrant market of Cape Coral.

Request your custom offer today

Get an offer from Frontdoor and skip the hassle of renovations in Cape Coral.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
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Sell your Cape Coral home

Request a competitive offer

Step 1

Step 1: Share Unique Details About Your Home

Begin by highlighting the special features of your home. Mention any recent upgrades, unique designs, or standout elements in your home that might catch a buyer's eye. These details help Frontdoor understand what makes your property one-of-a-kind.

Step 2

Step 2: Compare to Other Homes in Your Neighborhood

Research other homes in your Cape Coral neighborhood. Look at their sizes, features, and how much they sold for. This comparison will help you and Frontdoor set a competitive price that attracts buyers.

Step 3

Step 3: Speak to a Cape Coral Market Expert

Consult with a local market expert who knows Cape Coral inside and out. They can provide valuable insights into pricing trends and buyer interests. This knowledge, combined with Frontdoor's tools, can help you get the best possible offer.

Comparison

Why you’ll love working with us

Let’s compare the sale of a $550,000 home in Cape Coral, FL.

                                                                                                                                                                                                                                                                                                                                           
Traditional SaleFrontdoor
Commission & Fees$33,000$0
Closing Costs$8,400$0
We pay all costs
Repair Costs$24,750$0
We pay all costs
Days on Market25 DaysImmediate Offer
Total SavingsSave $66,150

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