2315 Sagramore Place Cape Coral, FL 33914
John J. Milaski LLC Broker Associate
Mobile: 239.314.8016 jmilaski@miloffaubuchonrealty.com capeharbourhomes.com
THE IMPACT OF
RISING MORTGAGE RATES
Cape Harbour
Empowering your next bold move.™ Assistance with BUYING, SELLING and BUILDING
JULY 2022 REAL ESTATE MARKET REPORT
YEAR-TO-DATE
continue to increase in the year ahead. While that news may have you questioning the timing of selling your home, the market is still
+35.5% over YTD 2021
favoring sellers. A balanced market is 4-6 months of inventory. As of June, inventory in zip code 33914 is at 2 months and rising. Rising interest rates may greatly reduce the number of qualified buyers, affecting what your home sells for. However, serious
Committed to be your Ambassador, Strategist and Negotiator
buyers are approaching the rising rates as a motivating factor to buy sooner before rates increase even more.
WH A T D O E S T HIS MEAN F O R YO U? Sellers should act fast. Listing your home now provides an excellent stage to highlight your home before the market potentially levels off or declines, especially as new listing competition continues to rise. Let’s leverage my proven community knowledge and marketing experience to list and make your home stand out from the crowd!
JOHN J MILASKI LLC
BSEE, MBA, GRI, PSA, MRP, CSP, ACCRS, CNE Cape Harbour Resident for over 23 Years, and a Boater Have listed and sold multiple properties in Cape Harbour MILOFF AUBUCHON REALTY GROUP, INC. Broker Associate and Certified New Home Sales Professional (CSP) with the NAHB
4707 SE 9th Place, Cape Coral, FL 33904 Mobile: 239.314.8016 | jmilaski@miloffaubuchonrealty.com
REAL
ESTATE
CONDOS Sold Price
from Freddie Mac inched up over 6%, and rates are forecast to
John J. Milaski
Leonardo and Angelica Washington
R A TE S AR E ON THE R IS E In the last few weeks, the average 30-year fixed mortgage rate
PRESENTED BY
PREPARED ESPECIALLY FOR
Price Per Sq. Ft. +44.7% over YTD 2021
LOW AVERAGE
LOW AVERAGE HIGH
REVIEW
|
CAPE
HARBOUR
GULF ACCESS HOMES
$505,000 $647,379 $800,000
HIGH
Your Cape Harbour Real Estate Specialist & Neighbor for over 23 Years
$363 $424 $471
Sold Price +98.2% over YTD 2021
Price Per Sq. Ft. +49.0% over YTD 2021
LOW
$1,450,000
AVERAGE
$2,377,000 $3,150,000
HIGH
LOW
$383
AVERAGE HIGH
$584 $714
19
7
99.5%
10
36
95.3%
TOTAL CONDOS SOLD
AVERAGE DAYS ON MARKET
AVERAGE SP/LP RATIO
TOTAL HOMES SOLD
AVERAGE DAYS ON MARKET
AVERAGE SP/LP RATIO
Data based on listings from SWFLAMLS from January 1st to June 20th, 2021 and 2022. Information deemed accurate but not guaranteed. THIS MARKET REPORT IS NOT INTENDED TO SOLICIT PROPERTIES ALREADY LISTED FOR SALE NOR INTENDED TO CAISE A BREACH OF AN EXISTING AGENCY RELATIONSHIP.
Leonardo and Angelica,
Cape Harbour
Don’t wait to get your home on the market. Let my experience work for you. Reach out to me
JULY 2022 REAL ESTATE MARKET REPORT
today at 239.314.8016 for a FREE SCA N H ERE!
no obligation market analysis for your property.
JOHN J. MILASKI | 239.314.8016 | JMILASKI@MILOFFAUBUCHONREALTY.COM | VISIT: CAPEHARBOURHOMES.COM
CONDOS LUXURY CONDOS RECENTLY SOLD
G U L F A C C E S S S I N G L E - F A M I LY H O M E S |
AS OF 06/20/2022
GULF ACCESS HOMES RECENTLY SOLD
MARINA VIEW CONDOS B A TH S
EST. S Q. F T .
YE AR BU IL T
S OL D P RIC E
P RIC E P E R S Q. F T .
S O LD DA T E
DO M
5706 Cape Harbour Drive #210
2
2.0
1,600
2004
$639,000
$399
03/01/22
1
5702 Cape Harbour Drive #302
2
2.0
1,600
2004
$635,000
$397
02/22/22
2
5706 Cape Harbour Drive #410
2
2.0
1,600
2004
$589,000
$368
11/05/21
5702 Cape Harbour Drive #203
2
2.0
1,600
2004
$560,000
$350
08/31/21
5706 Cape Harbour Drive #310
2
2.0
1,600
2004
$615,000
$384
5706 Cape Harbour Drive #311
2
2.0
1,600
2004
$590,000
5704 Cape Harbour Drive #106
2
2.0
1,702
2004
$631,000
5706 Cape Harbour Drive #112
3
2.0
2,454
2004
$880,000
B E DS
B A T HS
E ST . SQ . FT .
YE A R B U I LT
SO LD P RICE
PRICE PER SQ. F T.
SOLD DATE
2200 El Dorado W Pky
3
2.1
2,883
1998
$1,450,000
$503
05/25/22
9
2030 El Dorado W Pky
3
3.0
3,315
2015
$2,325,000
$701
04/19/22
52
33
5711 Yardarm Court
5
4.0
3,970
2003
$2,835,000
$714
04/04/22
5
35
2304 El Dorado W Pky
3
4.0
3,680
2015
$2,600,000
$707
03/21/22
3
08/04/21
7
2138 El Dorado W Pky
3
4.1
2,985
2011
$2,015,000
$675
03/09/22
26
$369
07/13/21
5
5502 Harbour Preserve Circle
6
7.2
7,925
2008
$3,150,000
$397
03/01/22
229
$371
06/28/21
3
1921 Harbour Circle
3
3.2
3,571
2015
$2,500,000
$700
01/31/22
9
$359
06/21/21
4
5502 Merlyn Lane
5
4.1
4,951
2009
$2,195,000
$443
01/28/22
10
A DDR E SS
MONTHLY HISTORY OF AVERAGE PRICE PER SQUARE FOOT BETWEEN 06/01/2021 & 06/20/2022
$344
JUN
$369
JUL
AUG
$397
$368
$367 0
0
SEP
OCT
NOV
0
0
DEC
JAN
FEB
$399
MAR
$564 0
0
0
APR
MAY
JUN
DOM
MONTHLY HISTORY OF AVERAGE PRICE PER SQUARE FOOT BETWEEN 06/01/2021 & 06/20/2022
$531
$587
$587
$498
$558
$501
$708
$593
$535
$503
0 JUN
MARINA SOUTH I & II CONDOS
JUL
AUG
SEP
OCT
NOV
DEC
JAN
0
FEB
MAR
APR
MAY
JUN
DATA BELOW SHOWING ALL SINGLE FAMILY HOMES SOLD BETWEEN 06/01/2021 - 06/20/2022
B ED S
B A TH S
EST. S Q. F T .
YE AR BU IL T
S OL D P RIC E
P RIC E P E R S Q. F T .
S O LD DA T E
DO M
5793 Cape Harbour Drive #1220
3
2.0
1,544
2007
$727,000
$471
06/01/22
0
5793 Cape Harbour Drive #1012
2
2.0
1,737
2007
$725,000
$417
05/31/22
18
5793 Cape Harbour Drive #1312
3
2.0
1,737
2007
$800,000
$461
05/24/22
0
5781 Cape Harbour Drive #809
3
2.0
1,737
2006
$777,000
$447
05/10/22
0
5781 Cape Harbour Drive #1106
2
2.0
1,393
2006
$589,000
$423
04/27/22
0
5781 Cape Harbour Drive #703
2
2.0
1,276
2006
$549,900
$431
04/14/22
1
5781 Cape Harbour Drive #807
3
2.0
1,740
2006
$750,000
$431
04/12/22
0
ADD RE S S
AS OF 06/20/2022
GULF ACCESS SINGLE FAMILY HOMES
B ED S
ADD RE S S
|
MEDIAN SOLD PRICE
|
HOMES SOLD
$3,500,000
$1,495,000
$1,400,000
$1,595,000
$1,917,500
$1,782,500
$2,600,000
$2,347,500
$2,580,000 $1,450,000
$1,200,000 0
0
4 3
MONTHLY HISTORY OF AVERAGE PRICE PER SQUARE FOOT BETWEEN 06/01/2021 & 06/20/2022
$336
$363
$334
$338
$340
$413
$417
$411
$426
$428
$442
$471
JUL
AUG
1
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
1
1
2
1
2 1
1 0
0 Jun-21
0 JUN
2
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
John Milaski and Miloff Aubuchon are not in any way affiliated with Cape Harbour Home Owners Association, nor is this in any way an official advertisement or publication of Cape Harbour. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the SWFLAMLS as of June 20th, 2022. All listings and sales presented anywhere in this report may not be those of Miloff Aubuchon. The SWFLAMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022