The Summer of 2013 has been hot to say the least and we aren’t talking temperatures, we’re talking real estate. The market in Lehigh Acres, a city of 86,784 in Lee County, is on fire this summer with land and home buyers finding great deals throughout the 95.98 square mile town especially on lots and acreage for sale.
Hit hard by the decline of the real estate market in 2008, Lehigh Acres has seen a large resurgence in its real estate market over recent years. Land and home values are up and selling near market value, making it a great sellers’ market. On the flip side, there are many great existing homes to be found at low prices through short sale and foreclosure, although they are becoming fewer and farther between.
For the first time since 2007, property values in Lee County are projected to have increased, at nearly 2 percent, with almost all 91 taxing districts seeing its numbers in the black. Lehigh Acres real estate also has the highest projected increase in overall valuation in Lee County at 5.66 percent.
One of the perks of the Lehigh Acres market is the amount of vacant, available land for home building and investment purchases. There are many great land deals to be found throughout the city. gratiagroup.com is a top seller of Lehigh Acres land and lots and has an extensive property catalog of lots include dry and freshwater. Visit us at www.9CoreRealty.com or call us at (239) 333-2221 to discuss your Lehigh Acres land needs!