Monday, September 3, 2012

Market View for Fort Myers & Cape Coral 09/03/2012


Market View for Fort Myers


Avg. Listing Price$285,547Wk ending Aug 22
-$1,105
-0.4%
w-o-w
Median Sales Price$135,000May '12 - Jul '12
+$15,750
+13.2%
y-o-y




Fort Myers Summary

Average price per square foot for Fort Myers FL was $95, an increase of 20.3% compared to the same period last year. The median sales price for homes in Fort Myers FL for May 12 to Jul 12 was $135,000 based on 1,497 home sales. Compared to the same period one year ago, the median home sales price increased 13.2%, or $15,750, and the number of home sales decreased 28.4%. There are currently 3,721 resale and new homes in Fort Myers on Trulia, including 1 open house, as well as 3,601 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Fort Myers FL was $285,547 for the week ending Aug 22, which represents a decrease of 0.4%, or $1,105, compared to the prior week. Popular neighborhoods in Fort Myers include McGregor and Whiskey Creek, with average listing prices of $390,770 and $186,799.

The median sales price for homes in Fort Myers FL for May 12 to Jul 12 was $135,000. This represents an increase of 9%, or $11,100, compared to the prior quarter and an increase of 13.2% compared to the prior year. Sales prices have depreciated 44.9% over the last 5 years in Fort Myers. The average listing price for Fort Myers homes for sale on Trulia was $285,547 for the week ending Aug 22, which represents a decline of 0.4%, or $1,105, compared to the prior week and a decline of 1.2%, or $3,400, compared to the week ending Aug 01. Average price per square foot for Fort Myers FL was $95, an increase of 20.3% compared to the same period last year. Popular neighborhoods in Fort Myers include McGregor, Whiskey Creek, Pelican Preserve, Arborwood, Tice, and Forum.

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Market View for Cape Coral


Avg. Listing Price$254,232Wk ending Aug 22
-$4,471
-1.7%
w-o-w
Median Sales Price$115,800May '12 - Jul '12
+$20,800
+21.9%
y-o-y




Cape Coral Summary


Average price per square foot for Cape Coral FL was $86, an increase of 17.8% compared to the same period last year. The median sales price for homes in Cape Coral FL for May 12 to Jul 12 was $115,800 based on 1,155 home sales. Compared to the same period one year ago, the median home sales price increased 21.9%, or $20,800, and the number of home sales decreased 44.8%. There are currently 3,442 resale and new homes in Cape Coral on Trulia, including 3,429 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 $254,232 for the week ending Aug 22, which represents a decrease of 1.7%, or $4,471, compared to the prior week. Popular neighborhoods in Cape Coral include Pelican and Caloosahatchee, with average listing prices of $342,414 and $266,456.


The median sales price for homes in Cape Coral FL for May 12 to Jul 12 was $115,800. This represents an increase of 0.7%, or $800, compared to the prior quarter and an increase of 21.9% compared to the prior year. Sales prices have depreciated 49.7% over the last 5 years in Cape Coral. The average listing price for Cape Coral homes for sale on Trulia was $254,232 for the week ending Aug 22, which represents a decline of 1.7%, or $4,471, compared to the prior week and a decline of 1.4%, or $3,647, compared to the week ending Aug 01. Average price per square foot for Cape Coral FL was $86, an increase of 17.8% compared to the same period last year. Popular neighborhoods in Cape Coral include Pelican, Caloosahatchee, Hancock, Mariner, Trafalgar, and Burnt Store.

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