Tuesday, June 19, 2012


2012 1st Quarter Snapshot
Cape Coral and Lee County

Look below, the statistics reveal that home prices continue to sky rocket, the demand also remains equally as high, and the inventory is slowly spiraling downward. 


CAPE CORAL, FL:
Total Sales - 1248 Closings (-21% Compared to 2011)
Median Price - $124,900 (
+26% Over 2011 or +$26,000)
Average Price - $169,400 (
+21% Over 2011 or +$29,700)

Gulf Access - 289 Closings (-7% Compared to 2011)
Median Price - $290,000 (
+14% Over 2011 or +$35,800)
Average Price - $382,000 (
+12% Over 2011 or +$36,400)

Gulf Access No Bridges - 124 Closings (Flat Comp - No Decline)
Median Price - $295,500 (
+19.4% Over 2011 or +$48,000)
Average Price - $382,000 (
+18.7% Over 2011 or +$60,600)

Off Water - 831 Closings (-26.7% Compared to 2011)
Median Price - $99,000 (
+24% Over 2011 or +$18,587)
Average Price - $110,610 (
+19% Over 2011 or +$17,522)

LEE COUNTY:
Transactions - 2943 (-25% Compared to 2011)
Median Price - $124,900 (
+39% Over 2011 or +$34,900)
Average Price - $188,565 (
+24% Over 2011 or +$36,600)



I bet your thinking, So... what does this have to do with me? Think about it when prices are creeping up and the inventory is low it makes for the perfect time to find the home of your dreams.

STEP 1 - Begin making plans to come to a visit in the beautiful and sunshine filled SW Florida!   
Whether you are looking to BUY or SELL, I will do everything I can to help.  Contact me today, Tad 239.281.6692.
Thank you and I look forward to doing business with you! 

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