Cape Coral, and the rest of Southwest Florida, is a beautiful, thriving area to move. If you’re thinking about making the move down here, the summer is a great time to do it! In Florida, summer is the “off season,” which means there are fewer people down here looking for houses, and the prices are a bit lower.
When looking for a home down here in the summer, you have more choices and you are able to better negotiate prices for a home. With fewer people looking to buy in the summer, the chances of you finding a home are higher. Why stress yourself out? In the summer, you can take your time looking for homes and not rush to compete with others.
Renting in Florida can get expensive, especially as rents continue to rise, so buying can be a better financial decision for you and your family.
The summer is also a great time to explore the Southwest Florida area when the roads are less crowded, and the lines are less long. Plus, you’ll get to experience Florida’s hottest temperatures first-hand.
According to RealtyTrac, a site that shares real estate data, news, and trends, there are 2,257 homes for sale in Cape Coral. Cape Coral home sales for March 2018 were up 43% compared with the previous month, and up 104% compared with a year ago. RealtyTrac also shared that May (start of the off season) is the best time to buy in Cape Coral and a buyer can receive a discount while buying at this time.
Ultimately, the best time to buy is when you are ready to buy. Buying a home is a big, long-term investment. You want to buy when you’re financial able, but also when you find a home that makes sense for you and your family.
As for 2018, it’s also a good time to buy now because interest rates are starting to go up, prices are slowly climbing, and inventory is going up.
Moving to Cape Coral and Southwest Florida
If you’re ready to buy, let us, Sue and Tom Demogenes, help you find your dream home in Southwest Florida. We have many listings to share with you, and will work with you to find the ideal home that fits your needs and budget. To search properties in Cape Coral or to contact us, visit our Cape Coral waterfront home page or call 239-357-6118.