Real Estate Market Update for 33953 (Port Charlotte, FL)
Hide / View Video Transcript
Hide / View Video Transcript
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 8% from one year earlier and down 2% 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 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 170-thousand dollars. Overall, The number of units sold Decreased 35% year-over-year and Decreased 45% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. 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 33953 (Port Charlotte, FL)
Area Information for 33953 (Port Charlotte, FL)
  • Community Character: Moderate Residential Turnover, Coastal Area
  • Population: 5,692
  • Median Age: 51.67 yr
  • Median Commute Time: 20 mins
  • Recycling Likelihood**: 102
  • Sales Tax: 7%
  • Population Density: 316/sq mi
  • Population Change Since 2000: 73%
  • Closest Airport: Sarasota/bradenton International
  • Closest College: Everglades University
  • Closest Jr. College: Keiser College
  • Median Household Income: $52,616
  • Annual Residential Turnover: 17.11%
  • Median Years in Residence: 3.76 yr
  • Median Home Sales Price: $150,000
  • Closest Major Sports Team: Gulf Coast Orioles (r)
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 33953 (Port Charlotte, FL)
Median Age: 51.67 Married: 60% Number of Households: 2,660 Households with Children: 320
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      Local Weather for 33953 (Port Charlotte, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.