Market Action Report
City: Punta Gorda
October 2016
Punta Gorda
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for October was 111, up 13.3% from 98
days last month and up 56.3% from 71 days in October of last
year. The October 2016 DOM was at a mid level compared with
October of 2015 and 2014.
3 Mo Avg
140
113
120
111
100
80
71
60
40
20
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
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The October 2016 Selling Price per Square Foot of $148 was up
9.4% from $135 last month and up 19.1% from 124 in October of
last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
148
124
117
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The October 2016 Selling Price vs Original
List Price of 92.5% was down from 94.3% last month and down
from 94.7% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
94.7%
95%
94%
92.5%
93%
91.5%
92%
91%
90%
89%
88%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,400
746
680
713
676
764
762
861
840
855
793
748
734
699
643
626
674
642
805
400
716
948
872
946
855
846
829
778
785
600
767
980
913
1,094
1,159
1,044
800
1,150
1,000
1,103
1,200
1,065
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in October 2016 was 217, up 38.2% from 157 last month and
down 9.6% from 240 in October of last year.
200
0
N D J F M A M J J A S O