How's the Real Estate Market??

North Port, FL

Single-Family Homes

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



North Port, FL

Mon Nov 30 2020
This week the median list price for North Port, FL is $252,900 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has held steady at or around 273. Click here to stay informed with the North Port 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 been flat for several weeks. 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.

North Port, FL

Mon Nov 30 2020
This week the median list price for North Port, FL is $252,900 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has held steady at or around 273. Click here to stay informed with the North Port 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 been flat for several weeks. 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 North Port market.
Median List Price $252,900
Per Square Foot $154
Days on Market 78
Price Decreased 23%
Price Increased 14%
Relisted 1%
Inventory 273
Median Rent $1,698
Most Expensive $1,199,000
Least Expensive $113,900
Market Action 52
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
$347,509 2,060 0.25 - 0.5 acre 3 1 14 8 12 83
$269,900 1,835 0.25 - 0.5 acre 3 1 1 2 18 97
$239,700 1,680 0.25 - 0.5 acre 3 1 15 7 16 64
$199,000 1,252 0.25 - 0.5 acre 3 1 33 12 28 65