Is Charlotte County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlotte County is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Charlotte County has remained a Buyer's Market.

Key Takeaway

Charlotte County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Charlotte County, FL

How much do homes in Charlotte County, FL cost?

Median Sold Price

$359,385

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$12,718(-3.4%)

Key Takeaway

Homes in Charlotte County have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Charlotte County was $359,385 in February 2024, down 3.4% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $142.5K$138.7K
-2.6%
2 $261.8K$259.9K
-0.7%
3 $417.8K$399.6K
-4.3%
4 $440.1K$394.7K
-10.3%
5+ $671K$552.5K
-17.7%

Summary: Charlotte County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 17.7%.

Median Sold Price Compared To Nearby Counties

Lee County
+4.3%
Sarasota County
+1.5%
Charlotte County
-3.4%
DeSoto County
-3.4%

Housing Supply in Charlotte County, FL

How many homes are available in Charlotte County, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4,6935,200+10.8%

Summary: The Charlotte County real estate market had 5,200 homes for sale in February 2024, a 10.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 5760
+5.3%
2 1,2751,459
+14.4%
3 2,5852,837
+9.7%
4 698750
+7.4%
5+ 7894
+20.5%

Summary: The Charlotte County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 20.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
355468+31.8%

Asking Price vs. Sold Price

353 Homes Were Sold
Under Asking

77 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlotte County, you may be able to get a good deal. 75.4% of homes here sold below asking price last month.

Summary: A total of 468 homes were sold or pending in Charlotte County in February 2024, up by 31.8% month-over-month. Of the 468 sold homes, 75% were sold under asking, 16% were sold at asking, and 8% were sold over asking.

Days on Market for Charlotte County, FL

How long does it take to sell a home in Charlotte County, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
38 Days71 Days+85.2%

Summary: Homes in Charlotte County had an average of 71 days on market in Feb 2024, up by 85.2% compared to last year.

Breakdown of Home Sale Times

183 Homes Were Sold
Under 30 Days

149 Homes Were Sold
In 30 - 90 Days

136 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charlotte County are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 468 homes were sold in Charlotte County; 39% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Charlotte County, FL

Nearby Markets to Charlotte County, FL

What housing markets are near Charlotte County, FL?