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Cape Coral Fl New Home Construction

09/14/2013

The new home building permit data compiled by the City of Cape Coral through August 2013 contains more good news for the real estate market in the city. For the fourth consecutive year, since this key matrix bottomed in 2009, the number of new home building permits issued will increase when compared to the previous year. The August 2013 results represent a 39% increase vs  2012.

There have been 342 new house permits issued through August 2013 vs 246 through the same period in 2012. That number already exceeds the total permits issued for 2012. Click the chart below to enlarge it and view the trend lines.

The Sandoval development continues to be a key contributor to the increase. The amenity rich community accounted for 79 of the 342 permits issued for a new homes year to date or 23%. Click here to view the MLS listings for Sandoval. 

Cape Coral Florida property values continue to rise with gulf access, no bridge or one bridge properties soaring in value. Home sites in Tarpon Point, Cape Coral’s premier community, are listed as high as the $1,000,000 range. Tarpon Point Landings includes spectacular views. To learn more about Tarpon Point and browse MLS listings click here.

Buyers are returning, according to the data. Why not? Cape Coral still has its 400 miles of canals, the Caloosahatchee River, Gulf of Mexico, proximity to Naples, Fl and Fort Myers, Fl and desirable Southwest Florida climate to attract those seeking to purchase a piece of paradise at huge discounts when compared to a few short years ago.

Look at these numbers representing new home building permits from 2008 through June of each year. The trend is obvious.

  • 2008 - 172
  • 2009 - 118
  • 2010 - 163
  • 2011 - 177
  • 2012 - 246
  • 2013 - 342

Contact me and I will be happy to guide you through the process of buying or selling a house. I'll assist you in weighing the pros and cons of building a new home or discuss the existing resale property opportunities. Call me today at (239) 738-8088! Please like us on Facebook if you found this article helpful. Thank You!

Click to contact Michael Rogala, Broker Associate or 

call 239-738-8088 today to learn more about Cape Coral, Fort Myers or Southwest Florida Real Estate!

Serving Cape Coral and Fort Myers - Lee County, Southwest Florida.