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November 2024 Real Estate Market Update for SWFL

December 15, 20243 min read

November Southwest Florida Real Estate Market Report

Market Report Cover Image November 2024

Welcome to my November Southwest Florida Real Estate Market Report, where we dive into the latest trends and insights for Gulf Access properties across Tarpon Point Marina, South Cape Coral, Northwest Cape Coral, Cape Harbour, and Gulf Harbour Yacht & Country Club. Whether you’re a buyer, seller, or an interested observer, this detailed overview will help you keep a pulse on the local real estate market.


Gulf Access Properties at a Glance

Over the past 12 months, a total of 1,006 Gulf Access properties sold across these coveted Southwest Florida neighborhoods. Of these sales, 761 were single-family homes.

  • Average Single-Family Home Price: $924,054

  • Average Condo/Townhome Price: $524,239

If you’re thinking of buying or selling, it’s essential to understand how each specific community is performing. Here’s a closer look:


Tarpon Point Marina Market Insights

  • Total Properties Sold (Past Year): 11

  • Median Sold Price: $1,000,000

  • Median Price per Square Foot: $344

Tarpon Point Marina remains a highly sought-after waterfront enclave, offering luxurious amenities and beautiful views. If you’d like to compare these figures to trends over the last five years, be sure to explore the Tarpon Point Marina page in this report for more historical data. These insights help both buyers and sellers gauge whether now is the right time to act in this premium market.


South Cape Coral Gulf Access Trends

  • Median Sold Price (Single-Family Homes): $675,000

  • Median Price per Square Foot: $350

South Cape Coral is known for its convenient Gulf Access locations and a wide variety of home styles. With a current median of $675,000 for single-family homes, this area offers a compelling blend of affordability and waterfront luxury. As inventory levels shift, it’s vital to keep a watchful eye on pricing trends and new listings.


Northwest Cape Coral Gulf Access Overview

  • Median Sold Price (Single-Family Homes): $850,000

  • Median Price per Square Foot: $387

Northwest Cape Coral’s Gulf Access market stands out for its higher price-per-square-foot, reflecting a balance of newer construction and prime waterfront lots. This region has seen significant growth, making it a hot spot for both investors and families seeking a coastal lifestyle.


Why Monitoring the Market Matters

Keeping up with inventory levels and pricing shifts in the Southwest Florida real estate market can make all the difference—whether you’re buying your first home, planning to list your current property, or simply staying informed. By regularly analyzing local data:

  1. Buyers gain insights into which neighborhoods align best with their budget and lifestyle.

  2. Sellers can strategically price their properties to attract motivated buyers.

  3. Investors spot emerging trends and areas of potential high ROI.


Let’s Discuss Your Real Estate Goals

The real estate market is constantly evolving, and I’m here to help you navigate it. If you’d like to dive deeper into any of these November market report details—or if you’re ready to make your move—please contact me

at (239) 900-7373 or [email protected]​. I value your feedback and welcome any questions or comments you may have. Please don't hesitate to reach out for assistance!

➡️ Click here to get the report delivered to your inbox instantly.

Stay tuned for more updates as we track Southwest Florida’s real estate market through the holiday season and beyond!


Thank you for reading my November Southwest Florida Real Estate Market Report. I look forward to helping you make the most informed decisions in our local real estate market.

Contact Information Gary Giannoni

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