Looking for Great Cape Coral Land Prices?
If you are thinking about snatching up some vacant lots in Southwest Florida, particularly Cape Coral, you’ll love this trend chart. Dry lots that were close to $100,000 over a year ago are now selling for under $30,000. Freshwater Cape Coral lots are on a similar trend, going from $140,000 at the peak down to $45,000 at the bottom (Freshwater appears to be edging back up a bit).
Good news for buyers. Not so good for sellers (there is a surplus of vacant lots on the market right now, so sellers, if you can, hold off until inventory is reduced).