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Cape Coral & Lee County Home Sales July 2013

08/24/2013

The Realtors Association of Greater Fort Myers and The Beach released sales data for July 2013. The news is good for Cape Coral, Fl, Fort Myers Fl and other communities, mostly in Lee County. 

Prices continue to rise versus 2012 while inventories decline. The decrease in the number of short sales and foreclosures continue to have a positive influence on prices and is also impacting the number of houses available to buyers. 

Closed sales for single family homes in Cape Coral increased to 390 from 378 a year ago or 3.2%. Cape Coral condo closed sales saw a significant increase to 69 from only 37 in 2012 or 86.5%. 

Fort Myers closed sales improved to 272 from 250 vs July 2012. Fort Myers condo closed sales jumped to 230 compared to 192 for the same period last year or 19.8%.

These are a few other highlights of the data for Cape Coral, Fort Myers and Lee County Fl for July 2013 vs July 2012.

  • Closed sale price for single family homes increased by 6.8% (1005 vs 941)
  • Closed sale price for condos increased by 33.3% (516 vs 387)
  • Median sale price for single family homes increased by 20.7% ($163,000 vs $135,000)
  • Median sale price for condos increased by 8.9% ($140,000 vs $128,000)
  • Active listings single family home down 13.1% (4924 vs 5668)
  • Active listings condo down 15.0% (3078 vs 3623)

The new pending sales numbers are also up substantially which indicates the trends will continue. New pending sales are up 24.6% for July 2013 at 1149 compared to 922 for the same period last year. Condo new pending sales show an even greater increase to 560 vs 395 in 2012 or 41.8%

All price points from $100,000 to $999,999 are reporting gains in closed sales for single family homes and only condos under $100,000 are showing a decline when compared to the previous year.

Click the chart to see all the data contained in the report. 

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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.