Real Estate Market Update for
33983 (Punta Gorda, FL)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to this month's "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 24% from one year earlier and down 5% 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 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 20% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 140-thousand dollars. Overall, The number of units sold Increased 9% year-over-year and Increased 96% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. 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 33983 (Punta Gorda, FL)
Area Information for 33983 (Punta Gorda, FL)
Community Character:Stable Population, Moderate Residential Turnover, Coastal Area
Population:14,283
Median Age:51.78 yr
Median Commute Time:18.04 mins
Educational Climate*:4
Recycling Likelihood**:119
Sales Tax:7%
Population Density:1,210/sq mi
Population Change Since 2000:32%
Closest Airport:Southwest Florida International
Closest College:Florida Gulf Coast University
Closest Jr. College:Southwest Florida College
Median Household Income:$48,009
Annual Residential Turnover:17.13%
Median Years in Residence:4.39 yr
Median Home Sales Price:$95,000
Closest Major Sports Team:Gulf Coast Red Sox (r)
Change Avg. Household Income Since 2000:13%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 33983 (Punta Gorda, FL)
Median Age: 51.78Married: 60%Number of Households: 6,339Households with Children: 1,529
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)