My blog is about the latest Real Estate News, Mortgage and investment information, homes and condos for sale and the most reasoned market updates. For additional information call Lilo Clacher at the RE/MAX Realty Team at 239-699-0142
Babcock Ranch is an eco-centric new town embedded in nature and powered by the sun, by innovation, and by the great outdoors. It is a place to live with purpose, passion, and energy, a place that inspires individuals and families to create their futures in their own way.
Cape Coral active single family homes on the rise, total increase was 5% from October with a total of 1,660
320 total sales for the Cape Coral area a sizeable jump from 2015 (18%) not that much of a drop from last month, approximately 18
Cape Coral's average reported sales price for November is $257,000 a modest gain over 2015 (4.4%)
The increase in inventory for Cape Coral hasn't yet tipped the scales, Cape Coral continues to be a neutral market with the inventory at 5.1 months.
Single-family permits jumped by nearly 60% in one year and 20% in one month!
Property Information: Cape Coral Yacht Club Waterfront Pool Home LOCATION, LOCATION, LOCATION! This Sailboat Gulf access Pool and Spa Home is located four Lots from the River and within Walking Distance to Downtown Cape Coral and the Mid Point Bridge.
Short Boating Distance to Fort Myers Beach and Sanibel Island.
HUGE lanai with electric heated pool and Spa, boat dock with lift and beautiful lush tropical landscaping, 3 Bedrooms and 2 and 1/2 Bath, 2 Car Garage, circle driveway, newer A/C, laundry room, sliding glass doors, newer windows.
Property comes TURNKEY (all furnished, accessories, bedding, linens and kitchenware) and is currently in a very successful vacation rental Call Lilo Realtor for additional information at 239-699-0142
and please visit my website ar www.LiloRealtor.com
Cape Coral Sales are down slightly from the month before at 326 which is expected for this time of year. Inventory rising nearly 5% from last month, we currently have 4.8 months of inventory, which is considered a "neutral market" (doesn't favor a seller or a buyer). The average sales price in Cape Coral up 12% to $257k.
Fort Myers with 249 Sales reported in October. Inventory is up 8% from the previous month which borderlines a "buyers market" (under 4 mo. is considered a seller's market, over 4-6mo. is considered a neutral market, over 6 is considered a buyer's market). The average sales price in Ft. Myers is up 11% to $317k.
Bonita and Estero Sales in this area are stagnant, 89 for October. This market has been in a pricing shift for the majority of the year. For six out of the last ten months prices have fallen below last years prices. Some factors to consider are: An implosion of new construction, relocation and new corporate businesses flooding to this market driving prices up far above what buyers are willing to pay, causing affordability and sustainability problems which is evident in the decrease of sale prices.
For more information please contact Lilo Clacher, Realtor
#I Dont Work From 9-5, I Work From Start To Finish"