How's the Real Estate Market??

North Port, FL

Single-Family Homes

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



North Port, FL

Mon Jan 17 2022
This week the median list price for North Port, FL is $398,350 with the market action index hovering around 89. This is less than last month's market action index of 92. Inventory has increased to 76. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Jan 17 2022
This week the median list price for North Port, FL is $398,350 with the market action index hovering around 89. This is less than last month's market action index of 92. Inventory has increased to 76. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $398,350
Median Price of New Listings $396,253
Per Square Foot $219
Average Days on Market 31
Median Days on Market 11
Price Decreased 22%
Price Increased 8%
Relisted 0%
Inventory 76
Median Rent $2,255
Market Action 89
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change 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
$550,000 2,203 0.25 - 0.5 acre 3 2 18 7 6 14
$424,700 1,990 0.25 - 0.5 acre 3 2 16 8 5 14
$367,000 1,708 0.25 - 0.5 acre 3 2 18 9 10 7
$274,000 1,319 0.25 - 0.5 acre 3 2 30 9 11 7