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Homes Sold in Punta Gorda, Florida and Port Charlotte, Florida – Price Trends

Homes Sold in Punta Gorda, Florida and Port Charlotte, Florida – Price Trends

Punta Gorda, Florida Real Estate

Statistics posted monthly, approximately the 10th of the month for the preceding month. If this report is not for the most recent month, Click here for most recent area real estate sales statistics. Then bookmark that page to get the most recent updates every month€¦

This is a table to help understand the trend in homes sold in the area over the last two years. In mid 2005 prices soared and seemed to hold while sales slowed. During the Spring and Summer of 2006 prices began to moderate. This chart follows the sale of the average home in our area. For the purpose of this report we call the home a Standard Home (STD).

Notes:

STD: Standard home is a non-waterfront, 3 bedroom, 2 bathroom, 2 car garage, between 1500 and 200 square feet of air conditioned living area. Median sale price (half sold for more, half sold for less) was determined for homes with a pool and homes without.

All Active S/F/H Listings: All homes listed for sale per month in PC-PG

Active Median List Price: STD homes in PG & PC sections.

STD SFH Sold/month: Number and median price of Standard Homes (STD) sold in PC&PG sections each month, separated into with pool and without pool categories. Number of homes sold in each category in parentheses (#).

All Punta Gorda, Port Charlotte: MLS Sections 101 – P 124

12/15/2006
All Active S/F/H Listings – 3224
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $274,500 (251),
n/pool, $244,900 (329)

7/15/2006
All Active S/F/H Listings – 2888
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $284,900 (182),
n/pool, $244,900 (241)

6/9/06
All Active S/F/H Listings – 2862
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $289,500 (184),
n/pool, $249,900 (250)

5/25/06
All Active S/F/H Listings – 2901
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $299,900 (217),
n/pool, $249,900 (280)

STD SFH Sold/month: $-STD/with pool $STD/no pool

11/2006- pool – $232,000 (10) – no pool- $205,000 (8)

10/2006- pool – $230,000 (10) – no pool – $205,000 (11)

9/2006- pool – $237,000 (5) – no pool – $207,000 (14)

8/2006- pool – $252,500 (12) – no pool – $195,000 (17)

7/2006- pool – $249,000 (16) – no pool – $209,000 (12)

6/2006- pool – $245,000 (17) – no pool- $220,000 (16)

5/2006- pool – $255,000 (14) – no pool- $220,000 (12)

4/2006- pool – $245,000 (15) – no pool – $219,900 (19)

3/2006- pool – $285,000 (19) – no pool – $235,000 (11)

2/2006- pool – $269,000 (5) – no pool – $229,000 (8)

1/2006- pool – $247,000 – no pool – $225,000

12/2005- pool – $260,000 – no pool – $239,500

11/2005- pool – $270,000 – no pool – $241,900

10/2005- pool – $285,000 – no pool – $227,000

9/2005- pool – $270,000 – no pool – $225,000

8/2005- pool – $252,450 – no pool – $225,000

7/2005- pool – $262,000 – no pool – $220,000

6/2005- pool – $254,000 – no pool – $225,000

5/2005- pool – $240,000 – no pool – $192,000

4/2005- pool – $220,000 – no pool – $199,500

3/2005- pool – $215,000 – no pool – $209,000

2/2005- pool – $240,000 – no pool – $195,000

1/2005- pool – $203,500 – no pool – $234,900

12/2004- pool – $198,900 – no pool – $189,850

11/2004- pool – $194,000 – no pool – $155,000

10/2004- pool – $180,000 – no pool – $172,500

9-2004- pool – $180,000 – no pool – $173,250

8/2004- pool – $185,000 – no pool – $172,900

7/2004- pool – $197,000 – no pool – $170,000

6/2004- pool – $205,000 – no pool – $168,000

5/2004- pool – $179,900 – no pool – $150,900

4/2004- pool – $181,500 – no pool – $154,000

3/2004- pool – $170,000 – no pool – $144,000

2/2004- pool – $170,000 – no pool – $164,900

1/2004- pool – $163,000 – no pool – $134,000

Discussion: 2007 should be a great time to buy a home in this area. There is a large inventory and the buyers have the upper hand. For instance, there were about 250 standard homes with pools available in November, 2006 and only 10 were sold. The median price of $232,000 for a 3/2/2 pool home is a very good buy! The analysis shows that prices have leveled out and should remain at this level with the onset of the buying season.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

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