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| Cape Coral Florida Median Home Price Stats - updated 06/30/09 |
Average Listing Price
$283,409 - Up $62,065 - / +28.0% w-o-w
Week ending June 24
Median Sale Price
$85,000 - Down $70,300 - / -45.3% y-o-y
The median sales price for homes in Cape Coral FL was $85,000 down $70,300 or 45.3%. There are 4303
Pre-Foreclosures and 3104 Bank Owned Properties in the Cape Coral market place as per RealtyTrac.com.
Order a property appraisal in Cape Coral - HERE
$283,409 - Up $62,065 - / +28.0% w-o-w
Week ending June 24
Median Sale Price
$85,000 - Down $70,300 - / -45.3% y-o-y
The median sales price for homes in Cape Coral FL was $85,000 down $70,300 or 45.3%. There are 4303
Pre-Foreclosures and 3104 Bank Owned Properties in the Cape Coral market place as per RealtyTrac.com.
Order a property appraisal in Cape Coral - HERE
| Toll Free: 866-775-3395 Palm Beach: 561-674-0498 Cell Line: 954-415-1630 Fax Line: 561-892-0913 |
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Collect, Define, Inform
| Cape Coral Florida Market History |
Cape Coral is a city in Lee County, Florida, United States. With over 400 miles (640 km) of navigable waterways,
Cape Coral has more miles of canals than any other city on earth.
Over the course of a few years, beginning in 1958, canals were dug, homes and businesses built, and a city was
born. Celebrities were brought in to tout the benefits of "the Cape," as it is known by the locals. The first building was
a four-plex at the corner of Coronado and Cape Coral Parkway. This building was the Rosen's company
headquarters and the temporary home of Cape Coral's first permanent resident, Kenny Schwartz, the Rosens' new
general manager. Cape Coral's first four homes were completed in May 1958 on Riverside and Flamingo drives.
Since its inception Cape Coral had been known as a "sleepy" community with its large retirement population. This all
changed with the population boom of the 1990s that brought with it young working class families. There is still a
larger than normal retirement population. While some of the community still has to cross the river to Fort Myers for
work and entertainment, this has become less of a requirement with new stores, restaurants and nightclubs opening
up every year. Today, Cape Coral offers a lively strip of restaurants and stores along Cape Coral Parkway, Del Prado
Blvd. and Pine Island Road.
Cape Coral has more miles of canals than any other city on earth.
Over the course of a few years, beginning in 1958, canals were dug, homes and businesses built, and a city was
born. Celebrities were brought in to tout the benefits of "the Cape," as it is known by the locals. The first building was
a four-plex at the corner of Coronado and Cape Coral Parkway. This building was the Rosen's company
headquarters and the temporary home of Cape Coral's first permanent resident, Kenny Schwartz, the Rosens' new
general manager. Cape Coral's first four homes were completed in May 1958 on Riverside and Flamingo drives.
Since its inception Cape Coral had been known as a "sleepy" community with its large retirement population. This all
changed with the population boom of the 1990s that brought with it young working class families. There is still a
larger than normal retirement population. While some of the community still has to cross the river to Fort Myers for
work and entertainment, this has become less of a requirement with new stores, restaurants and nightclubs opening
up every year. Today, Cape Coral offers a lively strip of restaurants and stores along Cape Coral Parkway, Del Prado
Blvd. and Pine Island Road.