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

Sun May 29 2022
This week the median list price for Punta Gorda, FL 33950 is $750,000 with the market action index hovering around 50. This is less than last month's market action index of 58. Inventory has increased to 101. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Punta Gorda, FL 33950

Sun May 29 2022
This week the median list price for Punta Gorda, FL 33950 is $750,000 with the market action index hovering around 50. This is less than last month's market action index of 58. Inventory has increased to 101. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Punta Gorda market.
Median List Price $750,000
Median Price of New Listings $589,450
Per Square Foot $387
Average Days on Market 56
Median Days on Market 35
Price Decreased 36%
Price Increased 5%
Relisted 4%
Inventory 101
Median Rent
Market Action 50
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here. We’ll look at the Market Action Index later in the report to gauge the leading indicators.

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
$1,598,000 3,107 0.25 - 0.5 acre 3 3 23 2 2 28
$899,000 2,293 8,000 - 10,000 sqft 3 2 30 4 0 28
$636,800 2,024 0.25 - 0.5 acre 3 2 37 3 1 35
$379,500 1,592 0.25 - 0.5 acre 3 2 32 9 6 56