Is Cape Marco, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cape Marco is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cape Marco has remained a Buyer's Market.

Key Takeaway

Cape Marco is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cape Marco, FL

How much do homes in Cape Marco, FL cost?

Median Sold Price

$1,950,000

$795/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$550,000(+39.3%)

Key Takeaway

Homes in Cape Marco have sold for 39.3% more than they did a month ago.

Summary: The median home sold price in Cape Marco was $1,950,000 in September 2024, up 39.3% from last month, and the median price per square foot was $795.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.4M$1.9M
+39.3%
4 --
N/A
5+ --
N/A

Summary: Cape Marco housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cape Marco, FL

How many homes are available in Cape Marco, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2123+9.5%

Summary: The Cape Marco real estate market had 23 homes for sale in September 2024, a 9.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1516
+6.7%
4 34
+33.3%
5+ 11
0.0%

Summary: The Cape Marco housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cape Marco, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cape Marco in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cape Marco, FL

How long does it take to sell a home in Cape Marco, FL?

Average Sale Time

Aug 2024Sep 2024CHANGE
90 Days165 Days+83.3%

Summary: Homes in Cape Marco had an average of 165 days on market in Sep 2024, up by 83.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cape Marco are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 1 homes were sold in Cape Marco; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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