Prices on the Rise! November 2013 Month End | Local Housing Report

Here we are in mid-December and the November month end numbers are quite interesting. Have a look at some of them:

  • Cape Coral prices have seen a 20% rise in one year and 37% since 2011 (that’s some good data folks – “the bottom” has come and gone.)
  •  The average sales price is now at $213,000
  • November 2013 concludes 36th consecutive months of price increases
  • Cape Coral housing inventory is the highest it’s been since June of 2011 with more than 1,600 single family homes
  • We’ve seen an increase in Traditional (non-foreclosure, non-short sale) listings by more than 10% in Cape Coral
  • Distressed sales (bank-owned/short sale) are decreasing in our market with 27% distressed (down from 30%)

Like Charts and Graphs?

Click images to enlargeMonthly Comp - 11.2013

 

CC Active SFH - 11.2013

 

CC Sold SFH - 11.2013