Local home sales slide

Dec 23, 2008 1 min read

Sales of existing homes in the Cape Coral-Fort Myers metro area were

up 64 percent for the month of November compared to November 2007,

according to a report from the Florida Association of Realtors

released today.

The year-over-year increase is a continuing trend, but sales dipped

when compared to October’s numbers.

A total of 600 existing single-family homes were sold during

November, up from tally of 365 during the same month last year, but

down from the 720 that were sold in October.

The median sale price also dropped to $106,100 in November, down from

October’s median price of $139,500.