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Home Prices Rise in US and Cape Coral Florida

10/03/2012

 

A measure of U.S. home prices jumped 4.6 percent in August compared to a year ago, the largest year-over-year increase in more than six years.

Steady price increases, combined with greater home sales and rising builder confidence, suggest the housing recovery may be sustainable.

You can read the entire article here

Cape Coral Fl property values have also increased follow the trend in the United States. Cape Coral Fl home prices are up 13.7% over last year through August. The 33991 zip code area which represents the southwest section of Cape Coral Fl, including Sandoval and Cape Royal has seen property values increase 15.7% through August 2012.

The chart below shows the real estate trends for Cape Coral Fl and selected zip codes over the last year, courtesy of Zillow. You can see the graph by clicking here.

Cape Coral Florida Property Values

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