How's the Real Estate Market??

Punta Gorda, FL

Single-Family Homes

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



Punta Gorda, FL

Wed Oct 20 2021
This week the median list price for Punta Gorda, FL is $599,900 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has decreased to 129. 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

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.

Punta Gorda, FL

Wed Oct 20 2021
This week the median list price for Punta Gorda, FL is $599,900 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has decreased to 129. 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

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 Punta Gorda market.
Median List Price $599,900
Median Price of New Listings $399,950
Per Square Foot $276
Average Days on Market 81
Median Days on Market 49
Price Decreased 28%
Price Increased 5%
Relisted 5%
Inventory 129
Median Rent $3,300
Market Action 56
Strong Seller's Market

The market appears to be hovering around these current levels. 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
$1,362,500 3,226 0.25 - 0.5 acre 4 3 19 4 1 66
$757,000 2,347 0.25 - 0.5 acre 3 2 33 6 6 45
$449,500 1,768 0.25 - 0.5 acre 3 2 31 5 11 45
$299,000 1,468 8,000 - 10,000 sqft 3 2 32 11 14 42