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 Oct 20 2021
This week the median list price for Punta Gorda, FL 33950 is $757,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has decreased to 60. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Punta Gorda, FL 33950

Wed Oct 20 2021
This week the median list price for Punta Gorda, FL 33950 is $757,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has decreased to 60. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Punta Gorda market.
Median List Price $757,000
Median Price of New Listings $600,000
Per Square Foot $366
Average Days on Market 70
Median Days on Market 49
Price Decreased 33%
Price Increased 3%
Relisted 7%
Inventory 60
Median Rent $4,400
Market Action 48
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,350,000 3,140 8,000 - 10,000 sqft 3 3 19 2 1 77
$925,000 2,341 0.25 - 0.5 acre 3 2 32 0 1 70
$630,888 1,935 0.25 - 0.5 acre 3 2 46 3 4 28
$366,000 1,377 0.25 - 0.5 acre 3 2 41 4 7 63