The November 2014 Cape Coral market report represents all sales that occurred within city limits during the month of November and are based on averages. Each zip code is represented with total number of sales for both single family homes and condos, the percentage of distressed sales that closed from the total number of sales and average list price to sales price ratio.
Cape Coral Zip Code 33904
Cape Coral Zip Code 33909
Cape Coral Zip Code 33914
Cape Coral Zip Code 33990
Cape Coral Zip Code 33991
Cape Coral Zip Code 33993
Cape Coral All Zip Codes
Overall the market in Cape Coral has been very stable for the past 8 months with slower appreciation, tight inventory and steady buyer demand. New construction has been gaining steam all year long – 2015 promises to be very interesting in our local market. In an interesting twist (not unexpected given news this fall about foreclosure activity), distressed inventory is up and corresponding sales. Over the previous 4 months short sales and and foreclosures have increased from approximately 12-15% to 25%.
Deals are still out there but don’t expect them to be the same deals we saw in 2009-2011. Cape Coral and the surrounding areas are experiencing a very interesting renaissance.
What can you buy in Cape Coral for the average sales price of November 2014?
Curious about the market value of your home? For a list of available homes fill out the form below or contact us directly at 239.541.5363.
© Danielle Sharp | Sharp Homes Realty | firstname.lastname@example.org | November 2014 Cape Coral Market