Cape Coral
Cape Coral's median single-family home price came in at $380,000, up 4.1% compared to September 2025. Closed sales totaled 390, while pending sales fell 20.8% year over year. Homes spent a median of 42 days on market, with 2,593 active listings and 6.7 months of supply.
What's interesting is that prices are holding steady compared to April, but fewer homes are going under contract. Buyers are still purchasing, but they have more choices than they did during the spring. For sellers, this is where pricing and presentation really matter. Homes are moving, but buyers aren't overlooking overpriced properties.
Fort Myers
Fort Myers recorded a median single-family price of $449,000, up 8.2% year over year. There were 208 closed sales and 175 pending sales, with homes spending a median of 42 days on market. Inventory reached 6.1 months of supply.
Prices have held up well compared to last year, but pending sales are down 19.7%. That tells us buyers are still active, just more selective about what they're willing to pay. For sellers, there's still opportunity, but the competition matters. For buyers, having more inventory to choose from creates negotiating room, especially on homes that have been sitting.
Lehigh Acres
The median single-family home price in Lehigh Acres came in at $305,000, down 6.2% from last year. Closed sales reached 236, with 174 pending sales and a median of 31 days on market. Inventory stood at 7.2 months of supply.
Lehigh continues to see pressure on pricing, but homes are still moving relatively quickly when they're positioned correctly. With more than seven months of supply, buyers have options and aren't feeling the same urgency we saw in tighter markets. Sellers need to pay close attention to competing listings, especially when buyers can compare several similar homes.
North Fort Myers
North Fort Myers recorded a median single-family price of $352,500, up 4.6% year over year. There were 54 closed sales and 39 pending sales, with homes spending a median of 46 days on market. Inventory reached 6.8 months of supply.
Prices are holding up compared to last year, but fewer homes are going under contract. That's an important distinction. The market isn't necessarily losing value across the board, but buyers are taking their time. For sellers, realistic pricing will be important as inventory remains elevated. Buyers have more flexibility to negotiate than they did earlier this year.
Fort Myers Beach
The median single-family home price on Fort Myers Beach came in at $750,000, down 23.1% year over year. There were 5 closed sales and 6 pending sales, with 25.7 months of inventory available.
Fort Myers Beach remains one of the more challenging markets for sellers. Inventory is high relative to the number of transactions, giving buyers considerable negotiating leverage. However, with only five single-family closings in September, the median price can change dramatically depending on which properties sell. For sellers, understanding recent comparable sales and current competition is especially important.
Sanibel
Sanibel's median single-family home price reached $1,107,500, up 17.9% compared to last September. There were 18 closed sales and 15 pending sales, with homes spending a median of 115 days on market. Inventory stood at 6.3 months of supply.
Sanibel continues to see higher-priced transactions, but homes are taking longer to sell than in many surrounding markets. Buyers are being selective, particularly when considering property condition, location, and pricing. For sellers, the higher median price is encouraging, but it doesn't mean every property has increased in value. With fewer monthly transactions, individual sales can have a significant impact on the numbers.
Pine Island
Pine Island recorded a median single-family home price of $667,500, up 17.6% year over year. There were 6 closed sales and 7 pending sales, with homes spending a median of 42 days on market. Inventory reached 12.6 months of supply.
Pine Island is another market where monthly prices can fluctuate significantly because of the limited number of transactions. While the median price increased compared to last year, inventory remains elevated. Buyers have more negotiating opportunities, particularly on properties that have been listed for an extended period. Sellers need to consider their property's waterfront access, condition, and competing listings rather than relying solely on the islandwide median.
What This Means Heading Into 2027
Southwest Florida is in a different position than it was during the spring. Inventory has increased, pending sales have slowed, and buyers have more negotiating room.
That doesn't mean homes aren't selling. It means buyers are being more selective, and sellers need to be realistic about where their property fits in today's market.
As we approach our winter season, we could see activity improve as seasonal residents return. Whether that translates into stronger sales will depend on how buyers respond to current prices and inventory.
The market isn't crashing, but it is changing. And understanding what's happening in your specific neighborhood matters more than ever.
Source: Royal Palm Coast Realtor Association, September 2026 Market Stats Report. Statistics reflect the respective RPCRA regions and may not represent every property type or neighborhood.