Is Punta Gorda, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Punta Gorda is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Punta Gorda has remained a Seller's Market.

Key Takeaway

Punta Gorda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Punta Gorda, FL cost?

Median Sold Price

$459,100

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$90,256(+24.5%)

Key Takeaway

Homes in Punta Gorda have sold for 24.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $194K$170K
-12.4%
2 $210K$280K
+33.3%
3 $429.7K$565.1K
+31.5%
4 $618K$725K
+17.3%
5+ $787K$696.5K
-11.5%

Median Sold Price Compared To Nearby Cities

Grove City-Rotonda
+24.6%
Punta Gorda
+24.5%
Port Charlotte
+21.1%

How many homes are available in Punta Gorda, FL?

Number of Homes For Sale

Nov 2021Dec 2021%
279266-4.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 21
-50.0%
2 9887
-11.2%
3 149147
-1.3%
4 2527
+8.0%
5+ 54
-20.0%

Number of Homes Sold

Nov 2021Dec 2021%
5988+49.2%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Punta Gorda, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
61 Days27 Days-55.1%

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Punta Gorda, FL

There are 266 homes are for sale in Punta Gorda, FL real estate market. In December 2021 in Punta Gorda, FL there were 4.7% less homes for sale than in November 2021. Listings spent 27 days on the market in December 2021, and had a median list price of $459,100 during the same period. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties became 12.4% more cheaper, 2 bedrooms properties became 33.3% more expensive, the cost of 3 bedrooms properties went up by 31.5%, 4 bedrooms properties became 17.3% more expensive, prices of 5 bedrooms properties went down by 11.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 50%, 2 bedrooms homes became 11.2% less available, number of 3 bedrooms homes decreased by 1.3%, volume of 4 bedrooms homes went up by 8%, 5 bedrooms homes became 20% less available. In December 2021 more than 23 listings in Punta Gorda, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 40 were sold below.

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