Cape Coral, Florida - Real Estate
Cape Coral is located in Lee County, on the west coast of Florida. The city itself has 127,985 residents, according to a 2004 estimate, while its greater metropolitan area has a population of 514,295.
Housing prices in the Cape Coral-Fort Myers region are well above the U.S. national average, with the median cost of a home $293,100 at the end of 2005. This number has grown significantly over the past few years, especially in 2005, which saw runaway growth of 48%.
This is making Cape Coral an increasingly harder market to enter, even for established homebuyers. There is some hope of finding a good deal, however, with foreclosure listings in the area presenting themselves from time to time.
To find foreclosures and rock-bottom real estate bargains in Cape Coral, Florida and other cities across America, please click here.