Is Port Charlotte, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Port Charlotte was a Seller's Market.
Housing Prices in Port Charlotte, FL
How much do homes in Port Charlotte, FL cost?
Median Sold Price
$325,048
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Charlotte was $325,048 in April 2024, up 1.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $135K | +3.8% |
2 Bedrooms | $225K | $225K | 0.0% |
3 Bedrooms | $373.6K | $354.7K | -5.1% |
4 Bedrooms | $389K | $389.9K | 0.3% |
5+ Bedrooms | $525K | $520K | -1.0% |
Summary: Port Charlotte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
Port Charlotte | $320K | $325K | +1.6% |
Arcadia West | $287.5K | $278K | -3.3% |
North Port | $381.9K | $365K | -4.4% |
Punta Gorda | $424.5K | $377.2K | -11.1% |
Housing Supply in Port Charlotte, FL
How many homes are available in Port Charlotte, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,580 | 2,683 | +4.0% |
Summary: The Port Charlotte real estate market had 2,683 homes for sale in April 2024, a 4.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 27 | 29 | +7.4% |
2 Bedrooms | 684 | 732 | +7.0% |
3 Bedrooms | 1,376 | 1,401 | +1.8% |
4 Bedrooms | 440 | 473 | +7.5% |
5+ Bedrooms | 53 | 48 | -9.4% |
Summary: The Port Charlotte housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 9.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
342 | 316 | -7.6% |
Asking Price vs. Sold Price
221 Homes Were Sold
Under Asking
64 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 316 homes were sold or pending in Port Charlotte in April 2024, down by 7.6% month-over-month. Of the 316 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Port Charlotte, FL
How long does it take to sell a home in Port Charlotte, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 66 Days | +81.7% |
Summary: Homes in Port Charlotte had an average of 66 days on market in Apr 2024, up by 81.7% compared to last year.
Breakdown of Home Sale Times
123 Homes Were Sold
Under 30 Days
108 Homes Were Sold
In 30 - 90 Days
85 Homes Were Sold
Over 90 Days
Summary: During April 2024, 316 homes were sold in Port Charlotte; 39% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.