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Cape Coral. As of November 2024, the median sale price of Cape Coral homes was $389,450, according to Redfin. This is notably more affordable than the median sale price of $429,963 for all U.S. homes.
Try This: How To Start Investing In Real Estate – Even If You’re Not Rich. Trending Now: ... “The average sale price in Cape Coral in April 2024 was around $310,600, a 5.3% drop from a year ...
Aside from the number of homes for sale in Ocala being at the highest level within the last seven years, the excess supply is almost 50% above what it was pre-pandemic. ... Cape Coral / Fort Myers.
The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land purchases. In the late 1960s, GALC sold 173,000 mi (278,000 km) of swampland, dubbed Golden Gate Estates , to about 40,000 buyers.
Cape Coral from the International Space Station, 2016. Cape Coral is a city in Lee County, Florida, United States, on the Gulf of Mexico.Founded in 1957, the city's population had grown to 194,016 as of the 2020 census, a 26% increase from 154,309 at the 2010 census, making it the ninth-most populous city in Florida.
The number of homes built during this period exceeded the total number of homes constructed during the preceding 50 years. [7] But as in much of the United States, the real-estate boom of the 2000s went bust. The median house price in the Fort Myers area peaked in late 2005 at $322,300. Three years later, it had plummeted to $106,900.
Cape Coral, Fla., is off 7 percent from its recent peak, while North Port, Fla., has dropped 6 percent. Those numbers don’t represent a crash, but they do show a housing market coming back to earth.
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