January Monthly Market Data Cape Coral - Fort Myers Florida
If you note above, Median days on market, Active listings, and
Month supply of inventory are all showing negative numbers. This does not mean
it is bad for the housing market. What is being shown is the housing market is
in demand, that prices are more in favor of the sellers, because homes are
being brought at brought quicker than a year ago. Buyers may find it hard to negotiate
lower prices when you are competing against other buyers and having fewer
houses. The law of supply and demand is enforced. Chances of future prices are
in favor of moving higher because of new bottom of prices are moving higher in
the overall market.
Keep Track of the Market as all Realtors do. Sign up for
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