Cape Coral Homes - Cape Coral property market overview for week ending Oct. 9, 2009. The median list price for Cape Coral homes this week is $134.888. The 3354 properties have been on the market for an average of 205 days.
The homes market has been consistently cool for several weeks. Demand levels are low relative to the available inventory. It's a buyer's market in homes for sale. Demand measured by the market action index is increasing and days on market is holding steady. Look for a persistent shift in market action before prices plateau or begin to rise again.
Cape Coral Homes Real Time Market Profile
|
Median List Price |
$134,888 |
|
Average List Price |
$233,456 |
|
Asking Price per Square Foot |
$73 |
|
Average Days on Market (DOM) |
205 |
|
Inventory of Properties Listed |
3354 |
Inventory of homes has been climbing lately, Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with the available supply of homes for sale.
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