Cape Coral-Fort Myers housing market trend for 2014-2015

The appreciation forecast for Cape Coral-Fort Myers, according to CNN Money and courtesy of Corelogic data prognostics are strong. As an established Realtor in Lee county we have seen the writing on the wall for three years. 

 

 


Home prices: Your local forecast

384 markets tracked

After 2013’s big gains, home prices are expected to moderate this year. CoreLogic Case-Shiller expects prices to increase by the mid-single digit percentages for the 12 months through September. See how your market is expected to fare.
Cape Coral-Fort Myers, FL Metropolitan Statistical Area
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Forecast change: third quarter, 2013 – third quarter, 2014
+7.5%
Forecast change: third quarter, 2014 – third quarter, 2015
+7.4%
Market fundamentals
Median Family Income

(Second quarter 2013)

$56,000
Median Home Price

(Third quarter 2013)

$165,000
Change in Home Prices

(From Third quarter 2012 through Third quarter 2013)

+15.9%
Worst 1-Year Home Price Change

(1980-2013)

-33.7%
(2008:Q2 )
Forecast as of January, 2014, courtesy of CoreLogic.

and H

Happy Hunting,

Lloyd Nichols

Premier Florida Realty of SWFL

homesbythesea@gmail.com

cell 239-810-2980

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