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Cape Coral Housing Market Thriving

More good news for the local real estate market posted today regarding 2010 numbers and 2011 outlook. Highlights:

  • Cape Coral also led the state in highest number of property sales.
  • In 2010, distressed home sales accounted for 62 percent of total sales. Today’s Cape Coral home inventory is made up of only 35 percent of short sales and foreclosures combined.
  • In January 2007, Cape Coral had 6,073 single-family homes on the market. Today, we have 2,387 homes.

 

From the News-Press

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