Cape Coral Market report: homes with gulf access under $500K

By
Real Estate Agent with Premier Florida Realty of SWFL

One of the major attraction of living in Cape Coral is living near a boat ramp, being on fresh water and of course having a home with gulf access, either on canal or smack on the river.These days with the market adjusting, owning a single home on a gulf access canal is much more affordable. Waterfront properties in cape Coral are a way of life.

 

It is an exciting time for these of you who are looking for that dream home in South West Florida but do not want to be taken to the cleaners, and still, want a quality home in a great location.

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The choices varies tremendously.One thing for sure: there are 489 Active single homes under $500,000 with gulf access in Cape Coral as of August 2, 2007 listed on the MLS. A terrific choice.

The prices range from:   $327,500 but I saw that home and would not recommend it unless you want to fix it and have money to burn. I saw the first "decent "home starting at an asking price of $389,000 for a 3/2 build in 1989 single home to a 2000 square feet, completely remodeled in 2002 for $499,000, 10 mn to the river with a pool and yes its a short sale.That means South West Cape Coral.Remember that even though its not a rule, as averages are just averages, the difference between asking and selling price is  6-8%.

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 Active: 492 Pending: 33 Sold: 79 Other: 0 Total: 604

  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
 Minimum 1  1.00  925  $149,941  $230,000  0 
 Average 3  2.15  1,789  $402,608  $364,442  122 
 Median   1,762  $399,900  $362,000   98 
 Maximum 5  4.00  3,126  $599,900  $500,000  754 
 Total Dollar Value      $28,790,900  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days  31-60 Days  61-90 Days  91-120 Days  120+ Days 
 No. of Listings  12   12   14   13   28 
 Breakdown %  15.19   15.19   17.72   16.46   35.44 
 Avg % SP/LP  93.75   93.36   98.07   92.29   90.32 


For more information regarding homes under $500,000 on canal  with gulf access in Cape Coral or waterfront homes in South West Florida contact me. You may look at these listings by clicking on the following link after you leave your e-mail address.That simple. www.mlsouthwestfloridahomes.com -You may also contact me at realtorlloydn@aol.com It is indeed a great time to get that dream home in Cape Coral or South West Florida.

 

    
LLoyd Nichols
Real Estate Network Services
6360 Presidential Court, suite 4
Fort Myers , Florida 33919
cell: 239-810-2980
fax: 239-463-4826

web site: 
http://homesftmyersfl.com/ 
web site:
http://www.mlsouthwestfloridahomes.com/
Real Estate Blog:  http://activerain.com/lloydn

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