The January 2013 Cape Coral market report represents all sales that occurred within city limits during the month of September and are based on averages. Each zip code is represented with total number of sales for both single family homes and condos, the percentage of distressed sales that closed from the total number of sales and average list price to sales price ratio.
Cape Coral Zip Code 33904
Cape Coral Zip Code 33909
Cape Coral Zip Code 33914
Cape Coral Zip Code 33990
Cape Coral Zip Code 33991
Cape Coral Zip Code 33993
Cape Coral All Zip Codes January 2010-2014
January wasn’t a robust market as compared to the past few years. The amount of transactions declined and days on market increased significantly compared to 2013. January 2013 average time from market introduction to closing was 78 days, this year it was 124 – that’s a 46 day or 6 week increase! Why would days on market increase so much during season and while inventory is still low? Two factors as far as I can tell: the incredible winter weather experienced in most places resulted in less visitors (remember all those cancelled flights?) and flood insurance changes that went into effect this past October. February has shown signs of thawing.
The great news? Prices are up over last year! Fantastic news if you have been considering selling your property. Single family home price averages increased $19,012 or 10.22%. That kind of appreciation beats what the banks are offering for your dollar!
So what can you buy in Cape Coral for the average sales price of January 2014?
For a customized market value of your home or list of available homes fill out the form below or contact us directly at 239.541.5363.
© Danielle Sharp | Sharp Homes Realty | email@example.com | January 2014 Cape Coral Market