Tamina Aratari "s Market Update

Punta Gorda, FL 33950

Single-Family Homes

Luxury Waterfront Realtor | 941-286-9647 | puntagordaisles@gmail.com


Punta Gorda, FL 33950

Mon Jun 05 2023
This week the median list price for Punta Gorda, FL 33950 is $599,949 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 150. Click here to stay informed with the Punta Gorda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Punta Gorda, FL 33950

Mon Jun 05 2023
This week the median list price for Punta Gorda, FL 33950 is $599,949 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 150. Click here to stay informed with the Punta Gorda market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Punta Gorda market.
Median List Price $599,949
Median Price of New Listings $779,000
Per Square Foot $359
Average Days on Market 82
Median Days on Market 49
Price Decreased 47%
Price Increased 1%
Relisted 5%
Inventory 150
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,250,000 2,500 0.25 - 0.5 acre 3 3 23 2 1 42
$749,000 1,955 8,000 - 10,000 sqft 3 2 44 3 0 56
$464,500 1,752 6,500 - 8,000 sqft 3 2 21 1 1 63
$364,900 1,513 6,500 - 8,000 sqft 3 2 17 3 2 42