Southwest Florida Real Estate Market Report - December Update
Welcome to the December edition of the Southwest Florida Real Estate Market Report! This month, we’re analyzing inventory levels and price trends for Gulf Access properties in key areas across the region.
Over the past year, a total of 1,008 Gulf Access properties were sold across several sought-after communities, including Tarpon Point Marina, South Cape Coral Gulf Access, Northwest Cape Coral Gulf Access, Cape Harbour, and Gulf Harbour Yacht & Country Club. Of these sales, 766 were single-family homes.
Currently, the average price to purchase a single-family home in Southwest Florida is $928,446, while the average cost of a condo or townhome is $524,079. Let’s dive deeper into how these numbers vary across different communities.
Total Properties Sold (Past Year): 12
Median Sold Price: $1,100,000
Median Price per Square Foot: $371
Tarpon Point Marina continues to be a premium waterfront destination, and if you check historical trends (further in this report), you’ll see how prices have evolved over the past five years.
Median Sold Price (Single-Family Homes): $676,100
Median Price per Square Foot: $349
South Cape Coral remains an attractive option for buyers looking for Gulf access properties at a slightly more affordable price point compared to other waterfront communities.
Median Sold Price (Single-Family Homes): $850,000
Median Price per Square Foot: $383
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.
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:
Buyers gain insights into which neighborhoods align best with their budget and lifestyle.
Sellers can strategically price their properties to attract motivated buyers.
Investors spot emerging trends and areas of potential high ROI.
As inventory levels and pricing continue to fluctuate, it’s crucial to stay informed about the latest market trends. This detailed report provides a data-driven perspective to help both buyers and sellers make informed decisions. If you have any questions or would like to discuss any insights in further detail, feel free to reach out!
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!
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Stay tuned for more updates as we track Southwest Florida’s real estate market!
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.