🏡 Gabriel Martinez, REALTOR®, brings you the latest market trends in Cape Coral, Florida! 🌴
📆 As of August 2023, here's what you need to know:
1️⃣ Months Supply of Inventory: Currently, there's a 4.8 months supply of inventory in Cape Coral. This means that if no new homes were listed, it would take approximately 4.8 months to sell all the existing homes on the market.
📈 Over the last 12 months, the Months Supply of Inventory has seen a remarkable increase of 95.92%. This suggests a growing demand for properties in our beautiful city! 📊
2️⃣ List to Sold Price Percentage: Sellers, rejoice! The List to Sold Price percentage stands at an impressive 97.7%. This indicates that, on average, homes in Cape Coral are selling very close to their listed price. 💰
3️⃣ Median Days on Market: The median days on market is 42, reflecting the average time it takes for a property to sell. This relatively short period signifies a vibrant real estate market and increased buyer interest. ⏳
4️⃣ Median Sold Price: The median sold price in Cape Coral is currently $390,000. This figure represents the middle value of all homes sold in the area, indicating the overall price range in our market. 💵
📢 Whether you're buying or selling, these market trends provide valuable insights into Cape Coral's real estate landscape. Trust Gabriel Martinez, REALTOR®, to guide you through the process with professionalism and expertise. Contact me today to navigate the market with confidence! 🤝
Cape Coral, Florida August 2023
🏡 Attention Buyers and Sellers in Fort Myers, Florida! 🌴
📅 It's August 2023, and here's your market update from Gabriel Martinez, your trusted REALTOR®:
📊 Market Trends Data:
📈 Currently, there are 3.62 Months Supply of Inventory in Fort Myers, indicating a balanced market. This means there is a good supply of homes available for buyers to choose from, allowing for more options during your search. 🏠
💥 Over the last 12 months, the Months Supply of Inventory has shown a significant increase of +120.73%. This suggests a growing demand for housing in the area, making it an opportune time for sellers to list their homes and potentially generate higher returns. 💰
💰 The List to Sold Price percentage is an impressive 96.8%, indicating that sellers are receiving close to their asking price. This demonstrates the strong negotiating power and competitiveness of the market. 💪
⌛️ The median days on market stands at 35, indicating that properties in Fort Myers are selling relatively quickly. This means buyers should be prepared to act promptly when they find a home they love, as it may not stay available for long. ⏳
💲 Lastly, the median Sold Price in Fort Myers currently stands at $364,000. This provides a benchmark for buyers and sellers to evaluate the value of properties in the area. 💵
🔍 Whether you're looking to buy or sell, understanding these market trends is crucial in making informed decisions. As your dedicated REALTOR®, I'm here to guide you through the process and help you achieve your real estate goals.
📞 Contact me to discuss your specific needs and let's navigate this dynamic market together.