Cape Coral Real Estate & Homes for Sale in Florida
With spectacular natural beauty and unparalleled quality of life, Cape Coral in Lee County is the perfect environment for outdoor enthusiasts, beach lovers, retirees, students and hard-working families. Located on southwest Florida's Gulf Coast between Naples and Sarasota, Cape Coral is often referred to as ?Paradise? or ?Boater?s Paradise? by the local residents. Four hundred plus miles of saltwater and freshwater canals ? ideal for fishing and boating ? affordable housing, outstanding education and a low crime rate are just a few of the gems in the Cape?s crown. (more)
Consisting of 114 square miles, Cape Coral is second only to Jacksonville in terms of land mass and is home to more than 120,000 residents. Industries that provide employment in Cape Coral include tourism, educational, health and social services, retail trade, construction, and professional, scientific, management, administrative and waste management services. Students in Cape Coral attend excellent schools; several schools have even been recognized with National Schools of Excellence Blue Ribbon awards. Many colleges and universities are in proximity for those who wish to attain a degree in higher education. The city of Cape Coral is considered one of the hottest real estate markets in the entire country, with options consisting of single-family detached homes, condominiums, townhouses, gated communities, riverfront and waterfront homes, and land for custom building.
Price Range of Cape Coral Houses
Prices for residences in Cape Coral are wide-ranging to accommodate any budget. Single-family detached homes start from the low $100,000s to more than $5 million for luxurious and expansive waterfront estates with swimming pools, spas and scenic river and canal views. Prices for magnificent waterfront estates start in the mid-$900,000s. As the city is surrounded by water, the real estate market features many single-family detached homes that have direct access to the Gulf of Mexico via miles of boating canals and provide views of stunning Intracoastal waterfront areas. (more)
Others have access to numerous freshwater lakes. More affordable single-family detached homes with community facilities, golf course locations in Country Clubs can be purchased in the low $200,000s. Condominiums and townhouses range from below $100,000 for properties with garden views to more than $1 million for villa-style models with riverfront and lakefront properties in gated communities. Land and lots are also available for custom development.
Cape Coral, Florida Average Home Sizes and Asking Prices
Cape Coral Real Estate Stats and Trends for the week of December 9th, 2019: homes priced around $272,200 compared to $506,562 the previous week, showing a decrease of less than -86%. For Monday, December 9th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.