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Cape Coral Real Estate Market Update

Cape Coral Market update: The market continues to improve in Cape Coral.  The average sale price jumped to $198,000 for July 2015.   Please realize we are up 18% in average sale price over the beginning of the year.  If you are thinking of buying, it is not prudent to wait until next year.  Prices will be higher. We have just 4.5 months of inventory for sale.  July single family sales for the Cape were 487.  Our average time on market was just 39 days.  Lower end properties go under contract within a matter of a few days and are closed…

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