Property prices for sale in Cape Coral (Florida)
The prices in real estate in Cape Coral, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cape Coral has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $10,095. In the following month the price per sq.feet decreased considerably to $6,773. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 129 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $7,761.5 to $9,996.5 during February, and March.
Based upon to the price in Cape Coral (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $524,167. In November This price remains at $515,119. In the following two months the average price has remained the same with regard to the previous two months from $519,643 to $535,599.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $527,621.25 and $551,805.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $612,560 they are 68 % more affordable than the average price for Cape Coral. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $617,406.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $165 / sq.feet, with an average $11,656 / sq.feet price in Cape Coral. The properties with the highest average prices have 4 bedrooms. They are 33 % more expensive than the average followed by properties with 3 bedrooms with a price at $12,347 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $612,560 it is 80 % cheaper than the average price in Cape Coral. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $657,028 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $27 / sq.feet followed by "Condo" priced at $274 / sq.feet. "House" is the most costly type of property with a $16,089 / sq.feet cost followed by "Commercial" with an average price of $3,846 / sq.feet.
