Real Estate Market Update for
33950 (Punta Gorda, FL)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 15% from one year earlier and down 6% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 10% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 180-thousand dollars. Overall, The number of units sold Decreased 1% year-over-year and Increased 39% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 33950 (Punta Gorda, FL)
Area Information for 33950 (Punta Gorda, FL)
Community Character:Stable Population, Moderate Residential Turnover, Coastal Area
Population:20,909
Median Age:53.38 yr
Median Commute Time:16.51 mins
Educational Climate*:5
Recycling Likelihood**:120
Sales Tax:7%
Population Density:880/sq mi
Population Change Since 2000:10%
Closest Airport:Southwest Florida International
Closest College:Florida Gulf Coast University
Closest Jr. College:Southwest Florida College
Median Household Income:$56,161
Annual Residential Turnover:16.82%
Median Years in Residence:3.55 yr
Median Home Sales Price:$153,000
Closest Major Sports Team:Gulf Coast Red Sox (r)
Change Avg. Household Income Since 2000:34%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 33950 (Punta Gorda, FL)
Median Age: 53.38Married: 57%Number of Households: 10,443Households with Children: 1,474
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)