Real Estate Market Update for Cape Coral, FL

Video: Real Estate Community Tour for Cape Coral, FL

See Real estate community tour for Cape Coral, FL Cape Coral, on Florida's Gulf Coast, was developed in 1957 as a master-planned city. By design, it features over 400 miles of canalsmore than any other city in the world. Once known as a retirement hot spot, the population and construction boom in the 1990s brought many younger families and professionals to the area. Today, millennials outnumber baby boomers in Cape Coral. Cape Coral's beach front location and warm climate allow for year-round fun. In addition to beaches, residents enjoy seven golf courses as well as a variety of museums and performing arts venues. The local economy is dominated by healthcare, retail, and construction. Public and private education opportunities abound, both in Cape Coral and in the adjoining community of Fort Myers. With abundant sunshine, Cape Coral residents make the most of all there is to do in the area. Popular neighborhoods include Cape Harbour and Bayshore. You can find the perfect water front home or a comfortable residence in a friendly community, with the ocean never more than 20 minutes away in this sunny town. Find your perfect home at century21.com.
Welcome to December's Market Update. Lets take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 22% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 25%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold decreased 50% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Cape Coral, on Florida's Gulf Coast, was developed in 1957 as a master-planned city. By design, it features over 400 miles of canalsmore than any other city in the world. Once known as a retirement hot spot, the population and construction boom in the 1990s brought many younger families and professionals to the area. Today, millennials outnumber baby boomers in Cape Coral. Cape Coral's beach front location and warm climate allow for year-round fun. In addition to beaches, residents enjoy seven golf courses as well as a variety of museums and performing arts venues. The local economy is dominated by healthcare, retail, and construction. Public and private education opportunities abound, both in Cape Coral and in the adjoining community of Fort Myers. With abundant sunshine, Cape Coral residents make the most of all there is to do in the area. Popular neighborhoods include Cape Harbour and Bayshore. You can find the perfect water front home or a comfortable residence in a friendly community, with the ocean never more than 20 minutes away in this sunny town. Find your perfect home at century21.com.
Show Transcript
Map Information for Cape Coral, FL
Area Information for Cape Coral, FL
  • Population: 173,872
  • Median Age: 44.31 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 1,644/sq mi
  • Population Change Since 2000: 66.11%
  • Closest Airport: Southwest Florida International
  • Closest College: Southwest Florida College
  • Closest Jr. College: Florida College Of Natural Health
  • Median Household Income: $50,965
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $172,900
  • Closest Major Sports Team: Gulf Coast League Twins (r)
  • Change Avg. Household Income Since 2000: 22.82%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cape Coral, FL
Median Age: 44.31 Married: 44% Number of Households: 68,184 Households with Children: 19,589
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cape Coral, FL

      School Name Distance Type Grades School Rating Parent Rating
      Patriot Elementary School 0.1 mi Public PRESCHOOL-5 3 0
      Skyline Elementary School 0.2 mi Public PRESCHOOL-5 3 0
      Challenger Middle School 0.2 mi Public 6-8 3 0
      Cape Coral Preparatory And Fitness Academy 0.9 mi Public K-8 1 0
      Cape Coral High School 1.1 mi Public 9-12 4 3
      Cape Coral Christian School 1.4 mi Private K-12 0 0
      Grace Community School Of Skyline 1.6 mi Private - 0 0
      Trafalgar Elementary School 1.7 mi Public K-5 4 0
      Trafalgar Middle School 1.9 mi Public 6-8 4 5
      Cape Coral Charter School 1.9 mi Public PRESCHOOL-8 2 0
      North Nicholas High School 1.9 mi Public 9-12 1 0
      Young Explorers Early Learning Center 2.2 mi Private - 0 0
      Nicaea Academy Inc 2.3 mi Private - 0 0
      Nicaea Academy Of Cape Coral 2.3 mi Private PRESCHOOL-12 0 0
      Pelican Elementary School 2.3 mi Public K-5 3 0
      Hector A. Cafferata Jr Elementary School 2.5 mi Public K-5 3 0
      Alternative Learning Center West 2.8 mi Public 6-12 0 0
      Cape Coral Technical College 2.8 mi Public UNGRADE-UNGRADE 0 0
      Gulf Elementary School 2.9 mi Public K-5 4 0
      Providence Christian School 2.9 mi Private PRESCHOOL-8 0 0
      Gulf Middle School 2.9 mi Public 6-8 4 4
      Ida S. Baker High School 3.0 mi Public 9-12 3 3
      St. Andrew Catholic 3.0 mi Catholic PRESCHOOL-8 0 0
      Mariner Middle School 3.0 mi Public 6-8 2 0
      Caloosa Elementary School 3.2 mi Public PRESCHOOL-5 3 0
      Christa Mcauliffe Charter Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      Oasis Charter High School 3.2 mi Public 9-12 3 3
      Oasis Charter Middle School 3.2 mi Public 6-8 4 0
      Caloosa Middle School 3.2 mi Public 6-8 2 3
      Mariner High School 3.3 mi Public 9-12 3 3
      Oasis Charter Elementary School 3.3 mi Public PRESCHOOL-5 4 0
      Cape Academy 3.4 mi Private 3-12 0 0
      A Little Piece Of Me Montessori Academy 3.9 mi Private - 0 0
      Cape Elementary School 4.3 mi Public K-5 3 0
      Grace Community School 4.6 mi Private PRESCHOOL-K 0 0
      Kid's World Preschool Inc 4.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Diplomat Elementary School 4.9 mi Public K-5 4 0
      Diplomat Middle School 5.0 mi Public 6-8 3 3
      New Testament Baptist School 6.2 mi Private - 0 0
      Island Coast High School 8.1 mi Public 9-12 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Cape Coral, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.