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Investment | "The Cole Team" Blog

Thursday, May 03, 2018   /   by Brooke Cole

March Market Report -- Lee County

MARKET REPORT
- Lee County -
"March was a huge month for the housing market in Lee County compared to the previous month," according to the Royal Palm Coast REALTOR Association.
The Month of March Numbers:
1,281 Closings
$260,000 Median Sale Price (Single Family)
$190,000 Median Sale Price (Townhouses & Condos)
Single Family Home Inventory - Up 2.1% from March 2017

Ready to sell?
Houses are selling for 2% more than this time last year.
Buyers aren't waiting long to make an offer.
Houses go under contract 11.9% quicker than this time last year.


If you're ready to make a move, call us today to discuss options!
239-542-3332

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Wednesday, March 14, 2018   /   by Brooke Cole

Where/What to Buy in Cape Coral When Thinking About Retirement

What do you picture when you think of retirement? Is it sunshine? Palm Trees? Boating? Drinks by the pool?
If that's the case, you're probably right in considering Cape Coral.
We have the water, weather, sunshine, views, restaurants, you name it.

It's easy to understand why Forbes ranks it in the top 25 places to retire.

Now that you know what city to aim for, there are also some factors to consider. I recently read an article by "Keeping Current Matters." I loved what it had to say. I work with a lot of people moving to this area for retirement, so I thought you might enjoy the highlights as well. Their key points to consider include affordability, equity, maintenance, security, pets, mobility, and convenience.

Now -- here's where we TRULY excel:

Affordability 2018
Cape Coral average sale prices:
Single Family Homes: $241,100
Condos (Low-High-Rise): $159,416
Let's be honest, it's hard pressed to find anywhere else where you can live on the water at such an affordable ...

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Monday, March 12, 2018   /   by Brooke Cole

MARKET UPDATE -- 2018 -- Feb./March Stats

MARKET UPDATE
Cape Coral, Single Family Homes 
Active Today:
$100k-$150k  = 8
$150k-$200k  = 214
$200k-$250k  = 468
$250k-$300k  = 325
$300k-$350k  = 236
$350k-$400k  = 168
$400k-$500k  = 231
$500k-$600k  = 107
$600k-$700k  = 88
$700k-$800k  = 54
$800k-$900k  = 37
$900k-$1M  = 11
$1M+  = 68
As of February, 2018:
Median Days to Sell: 38
Median List Price: $257,000
Feb. List Price by Sq.Ft. Ratio: $163
March List Price vs. Sale Price: List = $259,990, Sale = $252,995
2018 Sales-to-date
$75k-$100k  = 1
$100k- $150k  = 21
$150k-$200k  = 191
$200k-$250k  = 244
$250k-$300k  = 141
$300k-$350k  = 66
$350k-$400k  = 39
$400k-$450k  = 40
$450k-$500k  = 18
$500k-$600k  = 25
$600k-$700k  = 10
$700k-$800k  = 7
$800k-$900k  = 4
$900k-$1M  = 2
$1M+  = 9

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Monday, June 26, 2017   /   by Brooke Cole

Buying "Older" Rather Than "Newer"

Hello friends,

We all know that great feeling of walking into a never-been-lived-in, clean home. Usually, that means the builder just finished construction. Everything is brand spankin' new. Seems perfect, right? Well, there are some other facts about older homes you might want to consider before you exclude everything 2010 and older from your home search.

Our daughter Brooke took the challenge of turning around an eyesore house to a whole new level. In all seriousness, it became a MAJOR project for all of us, but we renovated it and we renovated it with STYLE. Realtor.com recently released an article called "5 Reasons Why Buying an Old House Is a Great Idea." Now, we're breaking it down to show you we agree, based on real-life experience.

Keep in mind as you read this.... her house was built in 1966. You don't need to go THAT old, but it can be done. 
Before:

Middle:

After:

She's still working on that front yard. Also, forgive the terrible cell phone photo. ...

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"The Cole Team" RE/MAX Realty Group
Brenda Cole
1337 Cape Coral Pkwy East
Cape Coral , FL 33904
239-542-3332

2017 Royal Palm Coast REALTORĀ® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than RE/MAX Realty Group IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 1/21/2019 10:50 AM CST
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than RE/MAX Realty Group are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact RE/MAX Realty Group Data last updated 1/21/2019 10:50 AM CST.
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