FL ARCHIVED October 2016 | Page 46

Market Action Report

City: Punta Gorda

Punta Gorda
Agent Name

Market Action Report

City: Punta Gorda

October 2016

Title
Phone
Agent
Name
Website
Other
Title

October 2016

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Month
Website

Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con

LM

Trending versus*:
L3M PYM
LY

$319,000
3%
14%
Other
$383,454 Trending
2% versus*:
11%
Month
LM 24%
L3M 12%
PYM 20%
LY
$252,000
$319,000
3% 20% 8%
14% 24%
$293,248
$383,454 746
2% 10% 11% 7%
$252,000 117
24% -16%
12% 20% -20%
22%
$293,248 111
20% 13%
8% 18%
24% 56%
21%
746 10%
7%
$173 8% 7% 9%
117 -16%
-20%
$148 9% 5% 19%
111 13% 18% 56% 21%
6.4 30% 15% 34%
$173 8% 7% 9% 19%
92.5% -1.9% -.9% -2.3%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings

Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
October
Sales
Price
OctoberMedian
Number
of Properties
Sold
October Average Sales Price

October Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

October Number of Properties Sold

October Sold Price per Square Foot

October Average Days on Market (Solds)

October Month's Supply of Inventory

Asking Price per Square Foot (based on New Listings)

October Sale Price vs List Price Ratio

October Sold Price per Square Foot

$148 9% 5% 19%
6.4 30% 15% 34%
92.5% -1.9% -.9% -2.3%

October Sale Price vs List Price Ratio

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

Trending versus*:

Prior YTD 10%
Prior Year 9%
22% YTD
$225,000
21%
$265,278
10%
9%

$225,000 1,437
10%
$265,278
10%
21%
88

-17%9%
-6% 9%
$159
12%
1,437 -17%
$141
13%
88
-6%
-4%
5.5
20%
$159
12%
10%
93.7%
1%

19%
16%
35%
-.7%

-4%
10%
10%
16%
1%

16%
$141
13%
10%
35%
5.5
20%
16%
Number
of93.7%
Properties
-.7%
1% Sold 1%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

October Month's Supply of Inventory

Trending versus*:
Prior YTD Prior Year

YTD

3 Mo Avg

250

October Property sales were 117, down 20.4% from 147 in
October of 2015 and 15.8% lower than the 139 sales last month.
Property
Sales
October 2016
sales were at their lowest level compared to
250 200
October
were 117,
down 20.4%
fromof147
in are
OctoberProperty
of 2015sales
and 2014.
October
YTD sales
1,437
October
2015 and
15.8%
lower
than
the 139 sales
lastof
month.
runningof17.0%
behind
last
year's
year-to-date
sales
1,731.
200 150
October 2016 sales were at their lowest level compared to

13

350
330
310
290
270
250
230
210
190
170
150

117

139

127

142

165

169

190

149

123

116

197

102

147

156

134

183

177

219

230

210

147

128

157

103

144

142

136

154

183

226

168

163

117

139

127

142

165

169

190

149

123

116

197

102

147

156

134

183

177

219

230

210

147

128

157

103

144

142

136

154

163

183

226

168

138

133

Median Sales Price and Average Sales Price

3 Mo Avg

10.0
10.0

800

600
A comparatively lower MSI is more beneficial for sellers while a 600 400
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a6.4 400
higher
MSI
is better
for buyers.
October with
2016October
MSI of 6.4
months
was
at its highest
levelThe
compared
of 2015 200 200
months
was at its highest level compared with October of 2015
0
and 2014.
0

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

1,065
1,103
1,159
1,065
1,150
1,103
1,0941,159
1,044 1,150
980 1,094
913 1,044
785
980
767
913
778
785
829
767
846
778
855
829
946
846
948
872855
805 946
948
716
872
674
642 805
643 716
626 674
699
642
734
643
748
626
793
699
855
734
861
748
840
793
764
855
762
861
713
840
676
764
680
746762

1,000

800

46 | c

3 Mo Avg

16

N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O

Inventory & MSI

and 2014.

15

16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16

The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,400
October
was 746, up
9.7% fromavailable
680 lastfor
month
and
The
Total Inventory
of Properties
sale as
of up 6.7%
from 699
October
of last
October
2016
at 1,200
October
wasin746,
up 9.7%
fromyear .
680 last
month
andInventory
up 6.7% was 1,400
from
699
in October
of last
year.
October
2016and
Inventory
a mid
level
compared
with
October
of 2015
2014. was at 1,2001,000
a mid level compared with October of 2015 and 2014.

14

8.0
6.0

713
676
680
746

290
270
250
230
210
190
170
150

156

N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
13
14
15
16
N D J F M A M J J A
S
O
N
D
J
F
M
A
M
J
J
A
S
O
N
D
J
F
M
A
M J J A S O
Median Sales Price and Average Sales Price

Prices

The Median Sales Price in October was $252,000, up 20.0%
Prices
from $210,000 in October of 2015 and up 23.8% from
The
Median last
Salesmonth.
Price inThe
October
was Sales
$252,000,
$203,500
Average
Priceup
in 20.0%
October was
350
from
$210,000
October
of $235,801
2015 and in
upOctober
23.8% from
$293,248,
up in
24.4%
from
of 2015 and up
330
$203,500
last $243,544
month. The
Average
Price 2016
in October
was at the
20.4% from
last
month.Sales
October
ASP was
310
$293,248,
up 24.4%
from to
$235,801
of 2015
highest level
compared
OctoberinofOctober
2015 and
2014.and up

138

0

133

50

156

50
119

100

0

20.4% from $243,544 last month. October 2016 ASP was at the
highest level compared to October of 2015 and 2014.

3 Mo Avg

150 100

119

October of 2015 and 2014. October YTD sales of 1,437 are
running 17.0% behind last year's year-to-date sales of 1,731.

Number of Properties Sold

4.0
2.0
0.0

8.0
6.0
4.0
2.0
0.0

N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O

N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O
13 14
15
16
13 14
15
16

.

Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l dResidential
w e l Real
l bEstate
a n/ k
e r Banker
h o United,
mes
c o| Price
m

Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
FloridaMLS,
Regional
MLS,
Board of REALTORS,
REALTORSofAssociation
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
FortFort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County,County,
Miami Association
of REALTORS,
My FloridaMy
Regional
Naples
AreaNaples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.