Is Charlotte County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Charlotte County was a Seller'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
$356,459
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Charlotte County have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Charlotte County was $356,459 in March 2024, down 4.3% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $138.7K | -0.9% |
| 2 Bedrooms | $264.5K | $259.7K | -1.8% |
| 3 Bedrooms | $418K | $399K | -4.5% |
| 4 Bedrooms | $430K | $395K | -8.1% |
| 5+ Bedrooms | $649K | $560K | -13.7% |
Summary: Charlotte County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 13.7%.
Median Sold Price Compared To Nearby Counties
| Lee County | $381.4K | $397K | +4.1% |
| Sarasota County | $449.8K | $450.4K | 0.1% |
| Charlotte County | $372.4K | $356.4K | -4.3% |
| DeSoto County | $250.7K | $238.2K | -5.0% |
Housing Supply in Charlotte County, FL
How many homes are available in Charlotte County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5,108 | 5,386 | +5.4% |
Summary: The Charlotte County real estate market had 5,386 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 58 | 65 | +12.1% |
| 2 Bedrooms | 1,415 | 1,497 | +5.8% |
| 3 Bedrooms | 2,819 | 2,965 | +5.2% |
| 4 Bedrooms | 730 | 763 | +4.5% |
| 5+ Bedrooms | 86 | 96 | +11.6% |
Summary: The Charlotte County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 11.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 513 | 609 | +18.7% |
Asking Price vs. Sold Price
461 Homes Were Sold
Under Asking
104 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte County, you may be able to get a good deal. 75.7% of homes here sold below asking price last month.
Summary: A total of 609 homes were sold or pending in Charlotte County in March 2024, up by 18.7% month-over-month. Of the 609 sold homes, 76% were sold under asking, 17% were sold at asking, and 7% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 75 Days | +78.0% |
Summary: Homes in Charlotte County had an average of 75 days on market in Mar 2024, up by 78% compared to last year.
Breakdown of Home Sale Times
221 Homes Were Sold
Under 30 Days
193 Homes Were Sold
In 30 - 90 Days
195 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlotte County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 609 homes were sold in Charlotte County; 36% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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