Cape Coral Home Sales Update 1st Quarter 2014

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For the 1st quarter of 2014 (January 1, 2014-March 31, 2014) there were 804 single family home sales in Cape Coral including 178 gulf access homes. Here is a breakdown of the numbers: The average listing price was $224,580 with an average price per square foot at $110. The average sale price was $214,549 and the days on market was 119 days on market. Out of these 804 sales there were only 46 short sales closed and it took an average of 273 days on the market to sell those short sales. There were 141 foreclosure sales in this time period with an average sold price of $129,169 and an average price per square foot of $78.

Let’s compare the sales numbers for the same time period from last year. There were 1121 single family home sales in Cape Coral. The average listing price was $204,205 with an average price per square foot of $99.97 and average sold price of $195,758. Out of these 1121 sales there were 150 short sales closed with an average sold price of $141,474 and average price per square foot of $72. There were 158 foreclosure sales last year during this 1st quarter with an average sold price of $135,408 and an average price per square foot of $73.69.

In the zip code of 33904 for the first quarter of 2014 for single family home sales in Cape Coral there were 146 sold homes with an average sold price of $215,012 and an average price per square foot of $119.65 and days on the market of 107.

For the zip code of 33909 there were 121 sold homes with an average sold price of $128,362 and an average price per square foot of $78.16 and days on the market of 111 days. For the zip code 33914 there were 202 single family home sales with an average sales price of $313,101 and an average price per square foot of $143.60 and days on market of 125 days on average.

For the zip code of 33990 there were 106 single family home sales with an average sold price of $172,918 with an average price per square foot of $99.30 and average days on the market of 113.

For the zip code of 33991 there were 106 single family home sales with an average sold price of $202,510 and an average price per square foot of $104 and days on the market at 134 days.

In the zip code of 33993 there were 119 home sales with an average sold price of $176,857 and average price per square foot of $92.74 and days on market at 121 days. In the same time period two years ago, the average for the zip code 33993 sold price was $124,895 and price per square foot was $64.91!

If you would like some more in depth information on Cape Coral home prices feel free to contact me by email through the contact form on this site or by phone. I can go over the different areas throughout Cape Coral and give you a more historical perspective on the areas of Cape Coral that I feel have the most appreciation potential.

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