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

Wed Feb 21 2024
This week the median list price for Punta Gorda, FL 33950 is $724,999 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 335. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Punta Gorda, FL 33950

Wed Feb 21 2024
This week the median list price for Punta Gorda, FL 33950 is $724,999 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 335. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Punta Gorda market.
Median List Price $724,999
Median Price of New Listings $899,000
Per Square Foot $364
Average Days on Market 108
Median Days on Market 77
Price Decreased 53%
Price Increased 1%
Relisted 5%
Inventory 335
Median Rent
Market Action 27
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,275,000 2,546 0.25 - 0.5 acre 3 3 21 12 3 49
$849,000 2,169 8,000 - 10,000 sqft 3 2 32 5 1 52
$595,000 1,789 0.25 - 0.5 acre 3 2 42 7 4 101
$349,999 1,510 8,000 - 10,000 sqft 3 2 17 5 2 91