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Port Charlotte, FL – Sales Statistics – 6/2007

Port Charlotte, FL – Sales Statistics – 6/2007

Port Charlotte, Florida Real Estate

There are currently 1,572 Homes For Sale In Port Charlotte, Florida (Sections P101 – 106). The price range is $61,900 – $7,992,000. The median price is $206,900. (Excluding uninhabitable and mobile homes)

It is encouraging to see the number of sales creeping up and it seems that the median price is rising with sales volume. A closer look reveals that the median price is reflected in buyers getting more for their money. The typical $200,000 home sold in Port Charlotte last month would have sold for as much as 25% more at this time last year.

One must understand that there are modest one-bedroom retirement homes as well as extravagant waterfront estates in Port Charlotte. This town has something for everyone. Boaters and Sailors can find homes on gulf access canals and those on fixed incomes can find a cozy Florida cottage.

Sold:

6-2007: 70 homes sold, $75,000 – $1,400,000. Median price: $200,000.
5-2007: 67 homes sold, $75,000 – $875,000. Median price: $169,000.
4-2007: 65 homes sold, $75,000 – $900,000. Median price: $165,000.
3-2007: 55 homes sold, $82,000 – $1,985,000. Median price: $195,000.
2-2007: 51 homes sold, $70,000 – $650,000. Median price: $160,000.
1-2007: 44 homes sold, $60,000 – $600,000. Median price: $165,000.
12-2006: 75 homes sold, $79,000 – $600,000. Median price: $200,000.
11-2006: 61 homes sold, $68,250 – $635,000. Median price: $185,000.
10-2006: 85 homes sold, $95,000 – $521,000. Median price: $169,500.
9-2006: 69 homes sold, $67,000 – $570,000. Median price: $190,000.
8-2006: 91 homes sold, $65,000 – $500,000. Median price: $179,000.
7-2006: 85 homes sold, $50,000 – $1,100,000. Median price: $185,000.
6-2006: 94 homes sold, $75,000 – $749,900. Median price: $193,000.
5-2006: 120 homes sold, $70,000 – $1,275,000. Median price: $180,000.
4-2006: 101 homes sold, $105,000 – $650,000 Median price: $185,000.
3-2006: 125 homes sold, $99,000 – $1,300,000. Median price: $190,000.
2-2006: 84 homes sold, $95,000 – $975,000. Median price: $195,000.
1-2006: 74 homes sold, $65,000 – $1,300,000. Median price: $191,000.

Condominiums in Port Charlotte, FL can be a great value. There are many very reasonably priced. There are currently 303 condos for sale in Port Charlotte, Florida.
The price range is $49,900 – $795,000 and a median price of $123,000. The change in median price reflects the sale of condos at the low price of the market. Condo sales in Port Charlotte, Florida remain soft in 2007 and this creates opportunities for buyers.

Sold:

6-2007: 7- $ 50,000 – $170,000. Median price: $87,400
5-2007: 11- $ 70,000 – $220,000. Median price: $114,900
4-2007: 11- $ 55,000 – $175,000. Median price: $114,900
3-2007: 13- $ 55,000 – $150,000. Median price: $95,000
2-2007: 11- $ 50,000 – $172,000. Median price: $125,000.
1-2007: 5- $ 72,000 – $110,000. Median price: $72,500.
12-2006: 9- $ 75,000 – $450,000. Median price: $117,000.
11-2006: 9- $ 90,000 – $144,500. Median price: $119,900.
10-2006: 8 – $73,000 – $121,000. Median price: $84,900.
9-2006: 8- $ 65,000 – $319,000. Median price: $120,000.
8-2006: 8- $ 76,900 – $125,000. Median price: $101,000.
7-2006: 7- $ 95,000 – $222,500. Median price: $108,000.
6-2006: 11- $ 44,000 – $150,000. Median price: $115,000.
5-2006: 14- $ 108,000 – $251,800. Median price: $118,000.
4-2006: 9- $ 89,000 – $195,000. Median price: $115,000.
3-2006: 13- $ 80,000 – $385,000. Median price: $119,000.
2-2006: 11- $ 72,000 – $185,000. Median price: $113,500.
1-2006: 11- $ 72,000 – $310,000. Median price: $110,000.

The sale of lots in Port Charlotte, FL has also been quite slow in 2006 and now into 2007. Prices have fallen since the speculation boom of 2004 – 2005 and are unlikely to rebound any time soon. Many speculators have been burdened with a large inventory of lots and are selling at reduced prices. There is a very nice opportunity for buyers to find a great deal on a building site for their new home.

There are presently 1,100 building lots and land for sale in Port Charlotte, Florida. (1/2 acre or less, residential with public water on paved road) For the purpose of this report we will consider ONLY lots with public water service. It may be possible to find lots that require a well for somewhat less money. The price range for lots with public water service is $13,800 – $1,400,000 for a waterfront lot with spectacular views of Charlotte Harbor. Median price: $43,500. Keep in mind that waterfront lots or extra large lots sell for quite a bit more than a standard, neighborhood dry lot.

Sold:

6-2007: 10 – $10,400 – $112,000. Median price: $20,000
5-2007: 14 – $14,000 – $175,000. Median price: $16,000
4-2007: 18 – $10,000 – $300,000. Median price: $16,000
3-2007: 13 – $11,000 – $600,000. Median price: $33,500
2-2007: 7 – $14,900 – $87,500. Median price: $29,000.
1-2007: 27 – $18,000 – $43,000. Median price: $20,000.
12-2006: 12 – $15,000 – $159,900. Median price: $30,000.
11-2006: 15 – $15,000 – $1,200,000. Median price: $24,000.
10-2006: 17 – $24,375 – $165,000. Median price: $25,000.
9-2006: 12 – $19,000 – $165,000. Median price: $26,500.
8-2006: 22 – $18,000 – $205,000. Median price: $35,000.
7-2006: 16 – $24,500 – $304,000. Median price: $30,000.
6-2006: 26 – $16,500 – $155,000. Median price: $31,000
5-2006: 22 – $25,000 – $850,000. Median price: $33,000.
4-2006: 30 – $12,500 – $185,000. Median price: $40,000.
3-2006: 30 – $30,900 – $255,000. Median price: $45,000.
2-2006: 37 – $28,000 – $216,500. Median price: $48,900.
1-2006: 50 – $22,000 – $550,000. Median price: $48,000.

Your Suncoasteam is committed to finding the best property available to fit your needs. We work for you to get the best deal possible. If you’re not happy, we’re not happy. Please consider Your Suncoasteam when buying and selling real estate in Port Charlotte, FL.

Andy Leonard and Jim Mulligan are real estate brokers serving Port Charlotte, FL and the surrounding areas. The following handy links, will take you to our Burnt Store, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Port Charlotte, FL is the most comprehensive service provided by any broker in southwest Florida. Please “bookmark€ this search page and use it as your exclusive source for real estate in Port Charlotte, FL.

Port Charlotte Section:

Port Charlotte – Northeast:

Homes For Sale In Port Charlotte. Florida – Northeast Section

Condos For Sale In Port Charlotte, Florida – Northeast Section

Lots and Land For Sale In Port Charlotte, Florida – Northeast Section

Port Charlotte – Southwest:

Homes For Sale In Port Charlotte, Florida – Southwest Section

Condos For Sale In Port Charlotte, Florida – Southwest Section

Lots and Land For Sale In Port Charlotte, Florida – Southwest Section

James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938

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

sales@suncoasteam.com“>Questions sales@suncoasteam.com

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Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
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