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.
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Erik Elsea, Broker Associate
Jones & Co Realty, Sales Manager