Lee County home sale values double since 2010

FORT MYERS -- Home price appreciation is slowing down in many parts of the country, but not in the Cape Coral-Fort Myers market, where median home prices have doubled since 2010.

Buying a home in Lee County typically cost $151,500 in February, according to a new report from RealtyTrac. That's a 102% increase over the median price reported in November 2010 of $74,900 -- the fourth largest growth in the nation behind Detroit; Grand Rapids, Mich.; and San Francisco.

Cape Coral and Fort Myers were the only Florida cities to have such a boost from the market bottom, with half the top 10 list coming from California.