Cape Coral Florida Real Estate News
February 2019
State and National News:
- Fla. sees more out-of-state Buyers from high-tax States Read more…
- Coldest temperatures ever recorded in all 50 States Read more…
- Buying a home before age 35 worth it now — and later Read more…
Taxes, Financing, Insurance, Scams, and more:
- Fed holds interest rates steady, signals patience Read more…
Cape Coral and SW Florida News:
- Forbes: 25 Best Places to Retire Read more…
- Two Southwest Florida Cities top list of “boomer boomtowns” Read more…
- Interactive Map: Cape Coral Parks to get millions of dollars in upgrades Read more…
- Cape Coral’s $13 million Streetscape project is complete Read more…
- The 16 Best Small Towns in Florida Read more…
- Some Cape Coral Homeowners due a UEP refund Read more…
- Cape Coral Council moves to maintain existing density allowance at Four Corners Read more…
- Fort Myers’ Midtown inches closer to reality Read more…
- Cape land use changes submitted to State Read more…
- 10 Happiest and Healthiest places to live on the beach Read more…
- Cape Coral’s booming population makes it the eight-largest City in Florida Read more…
Real Estate Tips:
- 28 spots to never, ever skip when spring cleaning Read more…
- Outdated advice Buyers should ignore Read more…
- Dear Investor: Are you sure you want an Airbnb? Read more…
- Questions first-time buyers should ask their Lender Read more…
- 17 Clever home improvement ideas under $200 Read more…
Nature and Parks:
- Cape Coral snowbirds of a different feather Read more…
- Cape Coral to make parks more accessible Read more…
- New kayak launch open at Sirenia Vista Park Read more…
- Cape Coral Parks & Recreation activity Calendar Read more…
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TWO FEATURED Properties:
3623 SW 6th Ave, Cape Coral — Just Reduced!!! Pool home only $224,900
Beautiful Home with SOLAR HEATED POOL & WATERFALL. City water/sewer utilities and ASSESSMENTS PAID!!! Floor plan offers split floor design with master on one side of the home and guest room on the other side for the utmost privacy. Screened entryway for those nice breezy days. Master Bedroom has BIG walk-in closet. Master bathroom, with TRAY CEILING, is a pool bath–offering separate entrance to the Pool area. Living room sliders pocket behind the wall for open-air living. Large screened lanai has pass thru window to kitchen and oversized pool deck. Kitchen also with TRAY CEILING, pantry, and some STAINLESS appliances. CATHEDRAL CEILING. Tile on the diagonal. NEW CARPET in guest bedroom. Lush landscape with PALM TREES and FENCED backyard with mango and citrus fruit trees. Off-set backyard offers privacy from neighbors. City website shows location is NOT IN A SPECIAL HAZARD FLOOD AREA. Cape Coral Community boat ramps offer boating access to the Gulf of Mexico. Close to Sanibel Beach, Fort Myers Beach, Cayo Costa, Cabbage Key& Boca Grand. Great location! Close to everything—yet set back in well-kept neighborhood. Fort Myers International airport is only about 20 miles away.
Click here to see more…
1813 Palaco Grande Pkwy, Cape Coral — NEW ON THE MARKET $319,000
Superbly maintained home with over 2,600 SQ FT of living area located on TRIPLE LOT in the PALACO GRANDE NEIGHBORHOOD. Lots of room for that big family and entertaining. City water/sewer in and ASSESSMENTS PAID!!! Floor plan features split floor design with master on one side of the home and guest rooms on the other for the utmost privacy. Striking TRAVERTINE flooring in Master Bedroom with en suite bath. Master bath offers multi showerhead travertine shower and frameless door, claw-foot tub to relax in, and a BIG walk-in closet with plenty of storage. French doors in living room, breakfast nook and Master Bedroom all open to a spacious screened and tiled lanai area. Oversized 800sf Garage (24’ x 33’+) with 8’ doors will store your prized possessions. Kitchen offers Cherry and Maple cabinetry and STAINLESS appliances with convection oven. HIGH CEILINGS throughout. Beautiful backyard with WATERFRONT VIEW of the canal. Cape Coral Community boat ramps offer boating access to the Gulf of Mexico, Sanibel Beaches, Fort Myers Beach, Cabbage Key, Boca Grand, and more. Close to everything—shopping, restaurants, Ft Myers bridge, and Ft Myers Int’l airport is only 17 miles away.
Click here to see more…
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“Backyard News – Cape Coral”
- Over 2,200 single family traditional homes on the market, highest level in over 10 years. New inventory has risen approximately 4% since July 2018. This is a natural build up that repeats yearly.
- Home sales dropped in January to 261, even with the steady rise in inventory in the last few months, the number of properties coming off the market than those coming on the market are higher.
- Cape Coral home prices rose 4% from last year, even with the surge in inventory, salable homes are selling within 97% of asking price and make up approximately 10-20% of the total market.
- New construction fell last month, the first time in year over year comparisons by 38%. Approximately 23% of all active inventory is new construction.
“Fort Myers News”
- An average growth in inventory of 5% since August, in one month the inventory levels surged 11%, although high, when comparing last year, we are below projected levels.
- Sales fell by 16% from January 2018 to January 2019. Total single family homes sold in January was 202.
- Average sales price of a single family home in Fort Myers virtually unchanged from a year ago. Although real estate markets are driven by supply and demand, buyer demand is driven by affordability and perception.
- New construction rose by 15%, new construction has an impact on inventory, in Fort Myers this impact is approximately 11%.
For more… click here for Cape Deb’s Blog…..
Cape Coral Weekly Market Watch
Have questions? Need Cape Coral Real Estate assistance? Call Deb Cullen at (239) 233-2322 or click here…..
