How's the Real Estate Market??

Punta Gorda, FL

Single-Family Homes

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



Punta Gorda, FL

Wed Jul 06 2022
This week the median list price for Punta Gorda, FL is $589,900 with the market action index hovering around 49. This is less than last month's market action index of 56. Inventory has increased to 267. 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.

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.

Punta Gorda, FL

Wed Jul 06 2022
This week the median list price for Punta Gorda, FL is $589,900 with the market action index hovering around 49. This is less than last month's market action index of 56. Inventory has increased to 267. 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.

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 Punta Gorda market.
Median List Price $589,900
Median Price of New Listings $575,000
Per Square Foot $298
Average Days on Market 52
Median Days on Market 35
Price Decreased 43%
Price Increased 3%
Relisted 4%
Inventory 267
Median Rent
Market Action 49
Strong Seller's Market

The market is 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
$1,350,000 2,780 0.25 - 0.5 acre 3 3 21 8 9 56
$699,500 2,203 0.25 - 0.5 acre 3 2 30 14 7 28
$524,900 2,021 0.25 - 0.5 acre 3 2 24 14 6 28
$319,000 1,310 0.25 - 0.5 acre 3 2 33 13 10 21