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Fort Myers Area Home Prices Rise 32%

07/28/2013

Cape Coral House Sale, Cape Coral, Fl, Florida, House, Home, Property, Properties

There is good news for home owners in the Fort Myers and Cape Coral Fl area. The median price of an existing single family home rose to $185,000 in June, compared with $140,000 in June of 2012.  That equates to a big jump of 32.1%. 

The declining inventory of foreclosures and short sales has affected the total inventory of homes available while also driving up the median home prices. 

New home building was also up over the previous year. You can read my blog detailing how Cape Coral Florida  new home building permits were also up 29% in June 2013 vs the same period in June of 2012 by clicking here. There is no doubt the recovery in the Fort Myers Florida metro area housing market is now taking place.

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.