How's the Real Estate Market??

Port Charlotte, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Port Charlotte, FL

Mon Jan 17 2022
This week the median list price for Port Charlotte, FL is $353,400 with the market action index hovering around 71. This is less than last month's market action index of 76. Inventory has increased to 231. Click here to stay informed with the Port Charlotte market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Port Charlotte, FL

Mon Jan 17 2022
This week the median list price for Port Charlotte, FL is $353,400 with the market action index hovering around 71. This is less than last month's market action index of 76. Inventory has increased to 231. Click here to stay informed with the Port Charlotte market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Port Charlotte market.
Median List Price $353,400
Median Price of New Listings $339,950
Per Square Foot $217
Average Days on Market 51
Median Days on Market 21
Price Decreased 17%
Price Increased 10%
Relisted 3%
Inventory 231
Median Rent $2,500
Market Action 71
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$879,900 2,400 0.25 - 0.5 acre 3 3 16 4 8 63
$428,200 1,895 8,000 - 10,000 sqft 3 2 19 8 13 21
$330,000 1,600 8,000 - 10,000 sqft 3 2 1 7 6 7
$252,500 1,337 8,000 - 10,000 sqft 3 2 48 12 13 7