Market report for 2013-2015 for Cape Girardeau Board

Real Estate Broker/Owner with Riverbend Realty, Cape Girardeau, MO 2004008944

Real estate market snapshots for the last three years in the Cape Girardeau service area show a remarkably stable real estate market. Highlights of the market are as follows:

Total number of properties sold were 1599, 1511, and 1428 (for 2014, 2013, 2012 respectively).

Average sold price for the years were $140,699, $139,647, and $138,625 (for 2014, 2013, 2012 respectively).

The charts below are broken down into categories. RE is residential, and it is additionally broken down into subsections according to the number of bedrooms. Homes with three bedrooms netted the highest list to sold price in 2014 with 95.86% in 2014. Houses on the ends of the spectrum brought smaller list to sold prices in 2014 with one bedroom units bringing 87.29% of listed value, while five and five plus homes tallied 84.87% of listed price.

In 2013, homes with three bedrooms netted the highest list to sold price with 95.87%. Houses on the ends of the spectrum brought smaller list to sold prices in with one bedroom units bringing 93.68% of listed value, while five and five plus homes tallied 95.33% of listed price.

What the charts do not tell, however, are ORIGINAL list prices to sold prices. The statistics reflect the listed price when the properties sold, without taking into account how many price reductions were required to get to the magic list price that brought a successful contract.

Additional categories on the charts: VF category denotes Vacant Land or Farms, CI denotates Commercial/Industrial, MF denotes Multi Family.


Market snapshot for year 2014

Market snapshot 2014


Market snapshot for year 2013

market snapshot for 2013


Market snapshot for year 2012

Market snapshot for 2012

Statistics represent sales as reported in the Cape Girardeau County Board of Realtors MLS. CGCBOR primarily serves the counties of Cape Girardeau, Bollinger, Perry and parts of Scott and Stoddard counties.

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If you are looking for a foreclosure in Cape Girardeau, Perry, N. Scott, or Bollinger counties, I am the region's most experienced REO agent. As the area's ONLY Fannie Mae direct listing agent, I list more foreclosure properties than any other agent in this MLS. I am among the few local agents approved to both list and sell HUD properties. Give me a call if you are looking for help with the purchase of a foreclosure property.

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Comments (2)

Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Oh, wow! I don't know what went wrong with the formatting of my blog...I will try to fix it...

...fixed two hours later by deleting the table and substituting charts converted to artwork...

I still don't know how to embed a table. Oh well, the charts work this way!

Jan 23, 2015 03:03 PM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

 Thank you for sharing this local market data Liz Lockhart.

It is most informative for buyers and sellers alike!

Jan 23, 2015 11:29 PM