Real estate sale in Cape Coral zip code 33990 during October 2011 have stayed relatively the same compared to October 2010. Sales decreased slightly year over year while sales price and price per square foot rose 5.37% & 3% respectively.
The most noticeable difference in per square footage pricing was among condos – which jumped almost doubled. Single family homes continue to stay flat.
Distressed sales continue to make up over 60% of all sales in the area, diminishing 2% and reflecting the ongoing issues with foreclosures & the robo-signing mess.