Market sales of homes by the numbers in Cape Coral.
These numbers are the past 30 days of information from the MLS.
337 single family homes closed
719 under contract
48 under contract but contingent upon some other factor before closing (probably will close)
458 active contingent short sales (a small chance of closing)
But, these are real buyers wanting a home.
4512 active homes on the market in Cape Coral
What does this mean? Well, I think the market is moving along nicely but we have a ways to go. It’s a buyer’s market. There are still a lot of foreclosures to hit the market. Any one who has any money should buy as fast as they can to capitalize on these prices. It won’t happen again in our life time.