The November market for Cape Coral 33990 showed no increase in closed transactions although prices have gone up – sales and per square foot. Distressed sales (made up of short sales & foreclosures) seem to be taking up less and less space on the inventory block.
- Sales are relatively flat year over year
- Average price increased 15.89%
- Average price per sq ft increased 13.85%
- Distressed sales declined 33.49%
What does this mean if you’re a homeowner in the 33990 zip code? This might be a good time for you to put your home on the market as inventory shrinks and buyer demand stays strong. If you don’t know what your home is worth and would like an idea, contact us. We would love help!