Real Estate summary for Cape Coral.

Average price per square foot for Cape Coral FL was $104, an increase of 5.1% compared to the same period last year. The median sales price for homes in Cape Coral FL for Dec 13 to Mar 14 was $146,250 based on 838 home sales. Compared to the same period one year ago, the median home sales price increased 7.3%, or $10,000, and the number of home sales decreased 27.4%. There are currently 5,708 resale and new homes in Cape Coral including 19 open houses, as well as 2,886 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Cape Coral FL was $300,277 for the week ending Mar 12, which represents a decrease of 1.7%, or $5,188, compared to the prior week. Cape Coral home values have gone up 17.6% over the past year and Zillow predicts they will rise 8.1% within the next year. The median rent price in Cape Coral is $1,249. Time to sell and move to Detroit!!!!