The prices in real estate in Cape Coral, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Cape Coral has increased strongly during the last 6 months. In November, the average price per sq.feet was $212. In the following month the price per sq.feet increased to $223. In the following two months the price per sq.feet has increased 106 %, going from $217.5 to $230 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $223.75 to $287.5 during March, and April.
Based upon to the price in Cape Coral (cities), this has gone up considerably in the last 6 months. The price in November is $364,663, rising in December till $402,065. During the following two months (January, February) the price has had an average incrementation from $383,364 to $428,037. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $535,299 they are 63 % more affordable than the average price for Cape Coral. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $547,634.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $226 / sq.feet, with an average $296 / sq.feet price in Cape Coral. The properties with the highest average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 4 bedrooms with a price at $294 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $535,299 it is 68 % cheaper than the average price in Cape Coral. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $504,910 it is 3 % 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 $50 / sq.feet followed by "Duplex" priced at $136 / sq.feet. "Land" is the most costly type of property with a $191,930 / sq.feet cost followed by "Commercial" with an average price of $3,938 / sq.feet.