The electrodynamic response of the spin-ladder compound Sr$_{14-x}$Ca$_x$Cu$_{24}$O$_{41}$ ($x=0, 3, 9$) has been studied from radiofrequencies up to the infrared. At temperatures below 250 K a pronounced absorption peak appears around 12 cm$^{-1}$ in Sr$_{14}$Cu$_{24}$O$_{41}$ for the radiation polarized along the chains/ladders (${bf E}parallel {bf c}$). In addition a strongly temperature dependent dielectric relaxation is observed in the kHz - MHz range. We explain this behavior by a charge density wave which develops in the ladders sub-system and produces a mode pinned at 12 cm$^{-1}$. With increasing Ca doping the mode shifts up in frequency and eventually disappears for $x=9$ because the dimensionality of the system crosses over from one to two dimensions, giving way to the superconducting ground state under pressure.
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