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 $6,773. In the following month the price per sq.feet decreased to $5,799. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has had a considerable increase of 130 % 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 $7,322 to $9,519 during March, and April.
Based upon to the price in Cape Coral (cities), this has gone up in the last 6 months. The price in November is $515,119, rising in December till $565,636. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 $660,533 they are 70 % more affordable than the average price for Cape Coral. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $629,791.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $203 / sq.feet, with an average $7,382 / sq.feet price in Cape Coral. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $7,487 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $660,533 it is 75 % cheaper than the average price in Cape Coral. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $625,909 it is 5 % 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 $26 / sq.feet followed by "Condo" priced at $249 / sq.feet. "House" is the most costly type of property with a $8,849 / sq.feet cost followed by "Commercial" with an average price of $3,842 / sq.feet.