The June 2019 Cape Coral market report represents all sales that occurred within city limits during the month of May 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.
Inventory new to market decreased for the third month in a row while prices increased. Average sales price is getting closer to the $300,000 mark, which hasn’t happened in over a decade. List price to sale price ratio is holding steady near the 96.5 percentage for the last 6 months. Distressed inventory is also stable. Does this mean a bubble is near? Not in my opinion…market conditions are vastly different today than during the boom that preceded the Great Recession. Have specific questions about the market and what we are seeing happen in different price brackets? Message us so we can go through in detail.
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
What can you buy in Cape Coral for the average sales price of June 2019?
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No pressure, no obligation – check out your home’s value.© Danielle Sharp | Sharp Homes Realty | firstname.lastname@example.org | June 2019 Cape Coral Market