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      November 2011 Market Report for Cape Coral 33993

      The real estate market in Cape Coral zip code 33993 for November 2011 shows steady improvement.

      Distressed sales decreased 10.27%

      Days on market dropped almost 30 days

      The difference in list price to sales price increased modestly

      Average sales price is up approximately 3%

      Price per square foot is up by $3

      All that good news with one negative – sales are down by 25% year over year.  Why?  Inventory has shrunk all over SWFL for a variety of reasons – buyer demand, less foreclosure activity by the banks and sluggish new construction.

      Considering selling your home in NW Cape Coral 33993 or just want to get an idea what it’s worth?

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      Posted in: Cape Coral Market Report Tagged: 33993, Cape Coral, Cape Coral Market Report

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