03Sep 2009 by Susan Milner

Lee County real estate market statistics

Buyers, Cape Coral Real Estate, SW Florida Real Estate
Welcome to September. I can't believe we're 2/3 through 2008 already. This year seemed to FLY by. It has proved to be a very historical year so far for real estate here in SW Florida. With unprecedented foreclosures and short sales in Lee County, the values definitely continued to decline. Sales went up over the year however. I'd like to share with you statistics I pulled up today. From January - August residential sales (not including multi-family or land) in Lee County by the year. 2009: 13,505 * 2008: 7,252 2007: 5,414 2006: 8,052 2005: 10,896 * 2004: 9,351 * 2005 was our peak year for values & volumes prior to 2009 which clearly shows nearly 125% more sales than in 2005! I also calculated the median sales price to…
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28Sep 2008 by Susan Milner

Cape Coral Real Estate Economics

Buyers, Cape Coral Real Estate, Opinion, SW Florida Real Estate
Cape Coral, FL  Are you concerned about what to do with your cash in light of the current economy? Have you considered investing in real estate? Are you looking for an investment property? Second home? Retirement property? SW Florida was hit hard with the decline as we experienced such a high in the boom. You can now purchase great homes in Cape Coral under $75,000! You can purchase gulf access vacant land under $75,000! You can buy a gulf access condo under $150,000 in Cape Coral. You can buy a Cape Coral gulf access single family house under $200,000. Looking at a smaller investment? You can buy an off water vacant lot in Cape Coral under $15,000! These are just some opportunities that are available. Real estate is safe. So…
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