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

Sat Sep 30 2023
This week the median list price for Punta Gorda, FL 33950 is $599,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 179. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Punta Gorda, FL 33950

Sat Sep 30 2023
This week the median list price for Punta Gorda, FL 33950 is $599,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 179. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Punta Gorda market.
Median List Price $599,900
Median Price of New Listings $469,900
Per Square Foot $332
Average Days on Market 95
Median Days on Market 70
Price Decreased 49%
Price Increased 1%
Relisted 7%
Inventory 179
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,247,500 2,440 0.25 - 0.5 acre 3 3 23 3 0 77
$789,250 2,048 8,000 - 10,000 sqft 3 2 37 4 6 63
$469,000 1,812 8,000 - 10,000 sqft 3 2 17 3 3 49
$354,000 1,404 6,500 - 8,000 sqft 2 2 35 9 1 105