Cape Coral–Fort Myers Home Prices Are Stabilizing: What the Three-Month Trend Really Shows
Cape Coral–Fort Myers Home Prices Are Stabilizing: What the Three-Month Trend Really Shows Cape Coral home prices were down 2.1% over the three months ending May 2026, at a median of $360,000. Fort Myers was down 2.4%, at $348,000. A year earlier, this metro was posting annual declines in the high single digits, and Zillow's index had the Cape Coral–Fort Myers metro off roughly 10% over twelve months. Down two percent is not a recovery. It is something more useful: the second derivative turned. Prices are still soft. The rate at which they are getting softer has collapsed. In a correction, that is always the first thing to change, and it changes long before the median goes positive. This piece breaks down what the three-month rolling trend actually measures, why five reputable sources publish five different Cape Coral price figures, which indicators turned first, where the softness genuinely still lives, and what a buyer or seller in Lee County should do about it before the fourt...