How's the Real Estate Market??

Punta Gorda, FL

Single-Family Homes

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



Punta Gorda, FL

Thu Sep 16 2021
This week the median list price for Punta Gorda, FL is $550,000 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has increased to 147. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Thu Sep 16 2021
This week the median list price for Punta Gorda, FL is $550,000 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has increased to 147. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $550,000
Median Price of New Listings $419,999
Per Square Foot $272
Average Days on Market 72
Median Days on Market 42
Price Decreased 29%
Price Increased 5%
Relisted 3%
Inventory 147
Median Rent $3,200
Market Action 57
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
$1,287,000 2,964 0.25 - 0.5 acre 4 3 18 1 2 45
$700,000 2,232 0.25 - 0.5 acre 3 2 28 10 7 42
$428,160 1,832 0.25 - 0.5 acre 3 2 33 6 6 42
$269,900 1,373 8,000 - 10,000 sqft 3 2 32 12 9 28