David Meyers — Waterfront & Luxury HomesDavid MeyersWaterfront & Luxury Homes

Waterfront By The Numbers  ·  2026 Edition

The Waterfront Market,
2000–2026

Twenty-six years of price, absorption and failure across 2,681 no-bridge waterfront parcels in Units 1–6 — measured parcel by parcel, not estimated. Twenty-one pages, nine charts, and a full reference table for all 98 canals.

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Cover of the 2026 Cape Coral Waterfront Market Report
6.4 months

Supply sits almost exactly at the balance point — a long way from either 2007 or 2021.

43% → 61%

The share of listings that reach a closing table, 2025 against 2026. Price did not move. Absorption did.

55 years

The age at which a waterfront house is worth nothing on top of the land. Past sixty, half sell for less than the bare lot.

Contents

Thirteen sections and two reference appendices

  • I Where the market stands
  • II Twenty-six years, two cycles
  • III Inventory and the balance of power
  • IV What doesn't sell — and what happens to it
  • V The cost of a second attempt
  • VI Size, price and time
  • VII The lot type premium
  • VIII Canal width
  • IX Distance to the river
  • X The depreciation curve
  • XI The 50% rule
  • XII Equity, rates and who can actually move
  • XIII Method
  • A 98 canals, measured
  • B 99 streets

Three findings that contradict what you've been told

Relisting costs time, not price

Sellers who fail and relist still achieve about 95% of asking price — the same as first-time sellers. What changes is the wait: 50 days becomes 474.

Expensive homes don't sit longer

Median days on market barely moves across a five-fold price range. Size drives the clock; price drives the discount.

Most owners aren't rate-locked

57% of waterfront owners here have no mortgage at all. The national story about owners trapped by cheap debt is largely false in this market.

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Where should I send it?

The 2026 edition, plus the monthly update when closed sales are added. No obligation, and no follow-up unless you ask for it.

Prefer to skip the form? Call 239-529-0555 or email David@CapeCoralNoBridges.com and I'll send it over.