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cape coral market watch: Cape Coral Market Watch.....(Absorption Rate) - 07/24/10 08:08 AM

Paradise is selling fast! 
There are currently:
2525 single family homes for sale in Cape Coral, FL
1582 homes have sold in the past three months
That leaves us with an absorption rate of: 4.7 months  
What does that mean? 
Let's say that not another house went on the market.  How long would it take to sell the existing inventory?  Only 4.7 months.... 
Rule of thumb:
A ‘normal' real estate market (if there is such a thing) has an absorption rate of 6%
When is it a buyers market?  When the absorption rate is over 6 %
When is it a sellers … (3 comments)

cape coral market watch: Cape Coral FL - 24 Hr Market Watch...... - 07/24/10 07:47 AM
Cape Coral, FL
24 hour market watches....


7.24.10
32 new Residential listings, 26 went under agreement, and 17 SOLD!!! 7.23.10
44 new Residential listings, 28 went under agreement, and 12 SOLD!!! 7.22.10
33 new Residential listings, 24 went under agreement, and 15 SOLD!!! 7.21.10
34 new Residential listings, 27 went under agreement, and 15 SOLD!!! 7.15.10
33 new Residential listings, 21 went under agreement, and 18 SOLD!!! 7.1.10
35 new Residential listings, 33 went under agreement, and 43 SOLD!!! 6.29.10
31 new Residential listings, 27 went under agreement, and 36 SOLD!!! 6.28.10
9 new Residential listings, 6 went under agreement, and 5 SOLD!!! 6.24.10
33 new Residential listings, 27 went under agreement, and 17 SOLD!!! 6.22.10
39 … (0 comments)

 
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Debbie Cullen-Your Cape Coral, FL Specialist

Cape Coral, FL

More about me…

REMAX Realty Team-Cape Coral, FL

Office Phone: (239) 233-2322

Cell Phone: (239) 233-2322

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