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 buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Punta Gorda was a Seller's Market.

Key Takeaway

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

How much do homes in Punta Gorda, FL cost?

Median Sold Price

$599,773

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$126,356(+26.7%)

Key Takeaway

Homes in Punta Gorda have sold for 26.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $190K-
N/A
2 $281.3K$360K
+27.9%
3 $575K$742.6K
+29.1%
4 $755K$987.5K
+30.8%
5+ $582K$820K
+40.9%

Median Sold Price Compared To Nearby Cities

Punta Gorda
+26.7%
Port Charlotte
+25.4%

How many homes are available in Punta Gorda, FL?

Number of Homes For Sale

Dec 2022Jan 2023%
220258+17.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 01
+100.0%
2 6475
+17.2%
3 136159
+16.9%
4 1518
+20.0%
5+ 55
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
3726-29.7%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 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. 88.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
34 Days53 Days+53.8%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 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.

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

About Punta Gorda, FL

Homes for sale in Punta Gorda, FL have reached 258. The number of listings in Punta Gorda, FL increased by 17.3% between December 2022 and January 2023. In January 2023, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $599,773. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 27.9% more expensive, prices of 3 bedrooms properties went up by 29.1%, prices of 4 bedrooms properties increased by 30.8%, prices of 5 bedrooms properties went up by 40.9%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes became 17.2% more available, 3 bedrooms homes became 16.9% more available, the quantity of 4 bedrooms homes went up by 20%, volume of 5 bedrooms homes stayed the same. While more than 0 listings in Punta Gorda, FL in January 2023 were sold above asking price, there were more than 3 listings sold at asking price, and more than 23 were sold below.

Related Housing Market Reports