Cape Coral has picked up several top rankings:
Forbes has Cape Coral at #10 for TOP housing Investment Cities
and IHS Global Insight ranks us as #1 for anticipated job gains in 2016.
For 2015 here are just a handful of our rankings:
Bankrate #8 on Best Places for Retirement
Forbes Top 25 on Best Places to Retire
Moneywatch #6 Fastest Growing Metro Area in the United States
Marketwatch #10 Coastal Towns to Retire
MSN Money Top 50 Most Competitive Housing Markets
Realty Trac #4 Best Bounce Back Market
US.Niche.com #18 Safest City in the US and #6 Best Place to Retire
Wall Street #27 on Best Cities to Live in the United States
For April 2016 we picked up some closed sales over March. There were 454 houses sold in Cape Coral for April. With an inventory on hand of 2608. Therefore, we have about a 5.7 month inventory of houses. The average sale price had an increase to $210,000. This is all good news.
In March we experienced a BIG drop in home sales--one of the highest drops in the state so, April's numbers are very encouraging. The average sale price percent is just under 97% to the list price, and the average time on market is just 33 days. What that means is that there are a lot of homes "sitting" on the market. Buyers have plenty of choices. The best updated and priced homes are the ones that are flying off the shelves.
As always, if I can help you with information regarding real estate or a specific property please give me a call. I look forward to hearing from you. Judy 239 910-3443