Cape Harbour had 20 single family homes sell in 2011 with a median sales price of $751,000. The graph below compares homes sales figures by year.
Sales figures per year:
2007- 5 homes sold
2008- 18 homes sold
2009- 13 homes sold
2010- 9 homes sold
2011- 20 homes sold
The graph below shows the median home sale price in Cape Harbour year over year.
The median homes sales price in Cape Harbour by year is as follows:
2007- $1,615,000
2008- $942,500
2009- $670,000
2010- $890,000
2011- $751,000
The data tell me that the units will sell quickly if they are priced aggressively even in a tough economy. Once the median price fell below the $800,000 mark, sales shot up from 9 homes in 2010 to 20 homes in 2011. That is a huge increase. It is still a buyer’s market. That being said Cape Harbour is an extremely desirable place to live and if the inventory is priced right there are plenty of buyers for it.
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Erik Elsea, Real Estate Superstar
Jones & Co Realty, Broker Associate
239-415-5881 office
erik@erikelsea.com
Cape Harbour Properties 