Cape Coral Real Estate Home Sales
Are we still selling homes in Cape Coral? The answer is yes, and in record numbers. We have been getting so much negative national media attention, that our ideas are clouded with misinformation. The National Association of Realtors published their polls and it shows that in 2009 with the assistance of realtors, 16,260 homes were sold. In 2005 when the housing boom began, the record was 12,123 However one significant change is the declining home prices. In 2005 the median home price was 278,200, now in 2009 we were at 90,400. This decline is due to the record number of short sales and foreclosures now flooding the real estate listings. Sellers are now coming to their senses and listing their homes more realistically, their homes are worth significantly less from…