The month of October in 2011 brought 59 sales for Cape Coral zip code 33909 compared to October 2010’s total of 56. Distressed sales made up 55.9% of all 59 transactions.  The decline in distressed sales is a combination of court cases being pushed through Lee county’s system and a halt to foreclosure processing on behalf of banks & robo-signing.

Sales have declined significantly year over year while average sold price climbed 16.73%. The average price per square foot rose 10.2%. Days on market has increased from 75 to 98 days. As inventory decreases and demand remains flat prices will continue to climb.

Have questions about buying or selling a property in Cape Coral zip code 33909?  Contact us below.

Cape Coral zip code 33991 is located in SW Cape Coral. This area covers west of Santa Barbara Blvd and runs north from Veterans’s Pkwy to Embers Pkwy.

October 2011 sales for zip code 33991 decreased by 25% from October 2010. Sales price increased slightly while days on market dropped quite a bit (36.7%). Average list price to sale price has held steady and is almost flat compared to last October.

The number of distressed sales also decreased, a trend exhibited throughout the region.

Would you like to discuss buying or selling a home in Cape Coral 33991?  Give us a jingle at 239.541.5363 or contact us below.

During the month of October 2011 there were 98 sales in Cape Coral 33914. Of all sales, almost 47% were distressed sales (short sales or foreclosures).

When comparing to October 2010 this represents a 29.5% average selling price increase and an average price per square foot increase of 16.47%. The amount of sales have remained flat while prices have risen and the number of distressed sales has dropped by almost eight percent.

If you are considering selling your property in Cape Coral zip code 33914, please fill out the form below. We would love the opportunity to discuss your options.