This chart is based on sales as reported in the Rapattoni MLS system for Greater Fort Myers and the Beaches. It tracts the real estate market trends for Cape Coral, Florida. Note how the sales volume spikes in the 2nd quarter each year. This sales volume follows our typical tourist season. Average sales prices are continuing to decline and have fallen below 2003 prices when calculated on the $/Sq.Ft. Average days on market remain high at 90 days or higher.
For more market data or for more specific data for your sub-market feel free to contact me.
Kathleen Bryce
State Certified Real Estate Appraiser RD-4424
appraiserkat@earthlink.net
http://www.leecountyappraisals.com
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