Cape Coral 33914 sales during January show no marked improvement over last year. Prices came down slightly compared to last year and days on market increased. Sellers did experience less competition from distressed properties (short sales and foreclosures).
Slight decrease in sales – 98 to 87 year over year
Sales price decreased 6% or 13k
Price per square foot remained steady
Days on market increase by almost 6 weeks
Distressed inventory shrank 28%
List Price vs Sales Price down almost 1.5%
If you are curious about how your home value is faring please contact us for a free market evaluation.