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Mike Canzano Cape Coral Real Estate Specialist

Cape Coral Home Sales - February

The February Cape Coral Home sales are out and they continue to be strong.

Other Cape Coral Market Statistics include:

  • active home listings are as low as they've been in 27 months
  • pending sales for the month are 594!!!
  • closed sales for the month were 426
  • average selling price did increase substantially....but this might be a blip...will have to see what happens over the next month or two

Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".

Copyright © 2008 By Mike Canzano, All Rights Reserved. Cape Coral Home Sale – February 2009

North Fort Myers Sailboat Access Home

I had a chance to preview this Sailboat Access home in North Ft. Myers, FL yesterday.  This
Short Sale is currently listed for sale $94,900.  Direct access canal front property at less than $100,000 is really a great opportunity for someone willing to do some fixing up.

 

Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".

Cape Coral Gulf Access Home

I had an opportunity to show this Cape Coral Gulf Access Home today. I’m just amazed at current pricing and the great values that exists. In this case this home was being sold by a seller that could sell. No having to look for Lender Approval with a Cape Coral Short Sale or multiple offers with a Cape Coral Foreclosure. This home also included the adjacent Gulf Access Lot. The asking price was below $380,000 which when you consider it includes an additional buildable lot is a great value.

Take a look for yourself.

Cape Coral Home Sales - January 2009

The January 2009 Cape Coral home sales numbers are out and once again more than 400 homes were sold in the month. If these numbers hold steady we can expect to see more than 5000 home to sell in Cape Coral in 2009.

Cape Coral Homes Sales

Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".

Cape Coral Home Sales Take Off

As reported in the News-Press today

"Buyers from across the nation and around the world snapped up bargain-priced homes in Lee County in December, pushing sales up 146 percent from a year ago.

Realtors assisted in the selling of 1,064 homes in Lee in December - up from 432 in December 2007 - according to the Florida Association of Realtors. Last month, 600 existing homes were sold.

The median sales price fell 50 percent to $106,900, from $215,200 in December 2007. The median price was essentially flat from November, up about $800.

For the year, 8,217 existing homes sold in Lee, up 43 percent from the 5,753 in 2007. The median price was $158,200, down 38 percent from $254,700 in 2007.

Statewide, existing home sales continued to rise in December as prices fell. Realtors helped sell 11,053 homes in December, a 27 percent increase compared to the same period a year ago, according to the Florida Association of Realtors."

The most impressive aspect of this news is that 1064 homes sold in Lee County in the month of December. This represents almost 10% of the home sales in the entire state of Florida.

Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".