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Punta Gorda, FL and Port Charlotte, FL Home Sales Statistics 1/2007 Report

Punta Gorda, FL and Port Charlotte, FL Home Sales Statistics 1/2007 Report

Homes Sold in Punta Gorda, Florida and Port Charlotte, Florida

This chart is intended to help buyers and sellers 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

ACTIVE STATISTICS

2/5/2007
All Active S/F/H Listings – 3321
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $265,900 (222),
n/pool, $233,900 (285)

1/10/2007
All Active S/F/H Listings – 3136
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $265,900 (277),
n/pool, $234,900 (370)

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)

SOLD STATISTICS

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

1/2007- pool – $240,000 (8) – no pool- $205,000 (4)

12/2006- pool – $250,975 (9) – no pool- $178,000 (16)

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 a great selection. The median price for homes in the area has leveled off and there are many great deals as sellers have come to realize that asking prices of the last year were too high. With the new year and the “snowbird season€, there are a good number of lookers.

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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