Monthly Archives: July 2012

Cape Harbour Farmers Market

Cape Harbour Farmers Market Saturday 8am to 12pm

Cape Harbour hosts a Farmers Market every Saturday from 8am-12pm during the summer. Come get fresh vegetables, fruits, honey, breads, plants, as well as seafood. There are many vendors with special offers on products and services.

Pignoli’s on the Harbour is open for breakfast or get a coffee at Runaground’s.

This is a great place to bring your family and your pets and pick up fresh produce.

For information on properties and the lifestyle in Cape Harbour feel free to contact me.

Erik Elsea, Broker Associate

Jones & Co Realty, Sales Manager

239-405-4063 cell

239-415-5881 off


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Cape Harbour Single Family Home Market Update


There are currently 10 Active listings on the market in Cape Harbour with a median price of $1,098,250. The highest priced listing is a 11447 sq. ft. 6 bedroom 9 bathroom home for $6,950,000. The lowest priced listings in Cape Harbour are currently two homes listed at $699,900.

There are 3 homes in Cape Harbour that are under contract.

Sales have been fairly strong in Cape Harbour so far this year. There have been 8 homes sold through July. This  is nearly as many as were sold in all of 2010. This shows me that there is strong demand even as prices continue to rise. Out of those 8 sales 7 of them were Gulf Access homes. None of them were distressed properties (short sales or foreclosures).

The median sales price so far this year is $808,500. The highest sold single family home went for $2,100,000 and the lowest sold price was $515,000. The average sale price in Cape Harbour so far in 2012 is $970,875. This is slightly up from last year.

The average days on market was 79 and the homes sold on average at 96% of their list price.

With the amount of inventory decreasing prices will continue to rise. With other factors such as extremely low interest rates now is the time to buy in Cape Harbour.

If you would like to search MLS like and agent CLICK HERE

Erik Elsea, Broker Associate

Jones & Co Realty, Sales Manager

239-405-4063 cell


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Cape Harbour High Rise Condo Market Report

Cape Harbour High Rise Condo Market Report

The median sales price of a condo in Cape Harbour has rebounded off the bottom from 2011 of $265,000 and is currently $284,500 through the first half of 2012. While most economic indicators have shown housing prices rebounding in Lee County and Cape Coral specifically it has taken condominiums a little longer to catch the wave of recovery.

So far in 2012 there have been 10 sold units with the highest priced sale at $430,000 and the lowest priced at $190,000. The average sale price so far this year is $284,000.

There are currently 10 active listings in the high rise towers at Cape Harbour. The least expensive list price is $190,000 and the highest price unit is $337,000. The average list price is currently $272,090. Four of these are short sales and the rest are traditional sellers. There are currently 6 units under contract. At current sales rates there is about a 6 months supply of inventory. This is a little on the high side and is because prices have increased so demand has slightly decreased. Buyers are still trying hard to find a deal.

My belief is that the prices have bottomed and are on the way back up. How quickly they increase is going to be determined by many factors. With interest rates at historical lows now is probably the time to buy before prices and rates increase much more.

 To search properties in Cape Harbour go to

Erik Elsea, Broker Associate

Jones & Co Realty, Sales Manager

239-415-5881 off

239-405-4063 cel

Information obtained from MLS


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