How's the Real Estate Market??

Port Charlotte, FL

Single-Family Homes

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



Port Charlotte, FL

Mon Sep 28 2020
This week the median list price for Port Charlotte, FL is $274,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 425. 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

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.

Port Charlotte, FL

Mon Sep 28 2020
This week the median list price for Port Charlotte, FL is $274,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 425. 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

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 Port Charlotte market.
Median List Price $274,000
Per Square Foot $157
Days on Market 111
Price Decreased 24%
Price Increased 10%
Relisted 2%
Inventory 425
Median Rent $2,400
Most Expensive $2,000,000
Least Expensive $4,200
Market Action 46
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$500,000 2,296 0.25 - 0.5 acre 3 2 16 12 12 132
$315,552 1,900 8,000 - 10,000 sqft 3 2 9 14 11 123
$241,728 1,712 8,000 - 10,000 sqft 3 2 9 14 11 106
$189,900 1,328 8,000 - 10,000 sqft 3 2 42 20 30 83