Cape Coral Real Estate Market Update - February 2023
Channel: Cape Coral Lots
Date: 11/02/2023

𝗚𝗿𝗲𝗲𝘁𝗶𝗻𝗴𝘀 𝗮𝗻𝗱 𝗵𝗮𝗽𝗽𝘆 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆! 𝗛𝗲𝗿𝗲 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗖𝗮𝗽𝗲 𝗖𝗼𝗿𝗮𝗹 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲!

As of 2/10/23, there are currently 1339 single family homes actively listed in Cape Coral. 

In the past 7 days, there have been:
⭐181 new listings
⭐98 sold listings
⭐189 pending listings 

January 2023 was a Neutral market! The number of for sale listings was up 210.2% from one year earlier and down 0.7% from the previous month. The number of sold listings decreased 32.8% year over year and decreased 9.2% month over month. The number of under contract listings was up 53.3% compared to previous month and down 16% compared to previous year. 

𝐒𝐢𝐧𝐠𝐥𝐞-𝐅𝐚𝐦𝐢𝐥𝐲 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐏𝐞𝐫𝐦𝐢𝐭𝐬:
Cape Coral issued 455 building permits in January 2023.
Total building permits for the fiscal year are 1292. 

𝐍𝐞𝐰 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 
Lake Kennedy Racquet Center
City Council approved the recommended bid package and corresponding contract for Charles Perry Partners, Inc. to construct Phases 1 and 2 of this project. Construction is expected to begin in March 2023.

#capecoral #capecoralrealestate #swflrealestate #swflrealtor #landforsale #marketupdate #capecoralmarketupdate #capecorallots

Cape Coral Lots
239-230-3930
info@capeshorerealty.com
www.capecorallots.com