FOR IMMEDIATE RELEASE: February 11, 2020
Cape Coral Off Water, Single Family Home Sales - Jan 2020 Market Report
Off Water, single family home sales in Cape Coral FL continued to see an overall rise in units sold but pricing remains relatively flat. The Koffman Group Real Estate market report trend lines indicate that sales numbers and pricing are flat or trending slightly upward. Year-over-year, there was an increase of 19 homes sold in January 2020 as compared to January 2019. We did see the traditional dip in numbers after the holiday season as was expected. The overall trend is positive for the Cape Coral Real Estate market. Sales for Feb and March 2020 should be strong as there are 607 homes currently under contract.
The Koffman Group - Royal Shell Real Estate has been tracking detailed real estate statistics and charting real estate trends in Cape Coral since 2004. We use a 12 month moving average for our Market trend lines to help account for seasonality in sales in the Cape Coral Real Estate Market. We believe our monthly real estate market reports help our clients understand the history and property values in different segments of our market. If you are buying a home or selling a home in SWFL, one of our experienced team members can assist you. Please contact The Koffman Group with all of your SWFL real estate questions. (239) 443-5191 KoffmanTeam@gmail.com