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Cape Coral is passing through a growing moment in foreclosure market. Nowadays, we have 167 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Cape Coral started September with 118 foreclosures available. October registered a rise to 131 homes, or 11.02%. The city had a down in November: -24.43%, leaving 99 properties in the market. Things got better in December with a increase to 107 homes in foreclosure available (8.08%). Opportunities kept abundant for buyers last month, with another rise, when Cape Coral registered 113 foreclosures, a 5.61% increase comparing to December.
As for the cost, Cape Coral has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Cape Coral for $120,023, a value 29.71% below the US average price ($170,764), and a 2.11% decrease compared to the prices of January in the city.