Here is a link to our latest trend updates through September 2017 for Cape Coral real estate. Inventory for single family is down 3.1% from the same period last year. The 2002 homes at the beginning of October is the lowest inventory level in over 2 years. We saw a decrease in closings in September 2017 in part due to the weather interruption in SW Florida. Many of those closings were delayed into October.
Off water homes median sales price is up 7.2% over last year (4 month average vs last year). Inventory of off water homes is the tightest of home types. The median sale price of an Off water home in Cape Coral was $208,911.
Freshwater homes median sale price is up 7.4% over last year (4 month average vs last year) . The median sale price was $279,900.
Gulf access homes median sales price is up 14.7% over last years same 4 month period. This seems to be an improving trend. The median sale price ( 4 month avg) for gulf access was $433,500.
We believe you will find our trend charts very informative. Click on the link below to access our Real Estate Resource Site to view this series of market component trend charts including trend charts for land sales.
Feel free to use our great SWFL MLS search tools at:
www.SWFL-Search.com – this allows you to search for homes FOR SALE in SW Florida in the SW Florida MLS and set automatic alerts.
Our site also has an instant home valuation tool which works on any home. Give it a try or call us at 239-443-5191 for a personal home evaluation. We always are here to give you accurate advice.
You can also use our Market Report page to view market reports as well set up custom market reports for yourself. Give it a try!
Ross Winchel
Team Broker
Koffman and Associates
Royal Shell Real Estate
239-898-1214
Ross.Winchel@gmail.com
