Suncoasteam Blog

By Don Jancovich

Charlotte County is a growing region that will have a projected population of 177,800 by the year 2010. That’s an increase of over 20,000 residents from the latest census.

According to a recent article in the Charlotte Sun-Herald, single family home permits are 32% higher than they were last year at this time and commercial permits are more than ten percent higher than last year’s numbers.

Yes, it is growing fast, however there is not a big city atmosphere anywhere in the county. It boasts pristine wooded areas and open countryside as well as magnificent beaches and waterfront. The area continues on its trends, as evidenced by the statistics. It’s a wonderful place in which to settle, work or retire.

Don Jancovich (941) 743-8780
Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

No Comments Yet: Be The First

Sales of homes in Burnt Store Isles, FL have been very slow in 2006. Since June 1, 2006, only 7 homes have sold in BSI. There are currently 66 homes for sale in Burnt Store Isles, Florida. Buyers will find very motivated sellers and negotiate an attractive purchase at this time. Burnt Store Isles is a waterfront community although there are many homes built on the golf course as well.

The breakdown of home sales is as follows:

9-2006: 1 home sold, $750,000

8-2006: 0 homes sold

7-2006: 5 homes sold, low price, $295,000, high price, $699,000, median price, $460,000

6-2006: 1 home sold, $7898,000

Condominiums in Burnt Store Isles, FL are mostly new construction with only a few resales. There are currently 38 Condos For Sale In Burnt Store Isles, Florida. The price range is $195,000 - $499,000 and a median price of $299,000.

Three have sold since June 1, 2006 at $180,000, $242,000 and $407,000.

The sale of lots in Burnt Store Isles, FL has also been quite slow in 2006. There are presently 75 building Lots For Sale In Burnt Store Isles, Florida. The price range is $119,900 - $699,000 with a median price of $400,000. There have been no lots sold in BSI since June, 2006 and only 8 all this year. The price range was $160,000 - $490,000. The median price was $300,000.

Your Suncoasteam is committed to finding the best property available to fit your needs. We work for you to get the best deal possible. If you’re not happy, we’re not happy. Please consider Your Suncoasteam when buying and selling real estate in Burnt Store Isles, FL.

Andy Leonard and Jim Mulligan are real estate brokers serving Burnt Store Isles, FL and the surrounding areas. The following handy links, will take you to our Burnt Store, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Burnt Store Isles, FL is the most comprehensive service provided by any broker in southwest Florida. Please “bookmark€ this search page and use it as your exclusive source for real estate in Burnt Store Isles, FL.

Burnt Store (Burned Store) West, Isles & Meadows:

Homes For Sale In Burnt Store Isles, Florida

Condos For Sale In Burnt Store Isles, Florida

Lots and Land For Sale In Burnt Store Isles, Florida

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

No Comments Yet: Be The First

Homes for sale in Deep Creek, FL

Home sales in Deep Creek, FL have been slow during the second half of 2006. There are currently 336 actively marketed homes for sale in Deep Creek, Florida. Single family home prices start at $169,900 with a high asking price of $699,000. This high asking price is exceptionally high for the area. The next highest asking price is $499,000 with a few homes listed at this price. The median asking price of homes for sale in Deep Creek, FL is $260,000.

This has created opportunities for those now seeking retirement, vacation or full time homes. Deep Creek also has a nice inventory of available condos and vacant land on which to build your home.

In order to help buyers and sellers better understand the current real estate market, your Suncoasteam has assembled a report of real estate sales in Deep Creek, FL since June, 2006.

The breakdown of home sales is as follows:

9-2006: 11 homes sold, low price, $178,000, high price, $310,000, median price, $240,000

8-2006: 19 homes sold, low price, $170,000, high price, $399,000, median price, $245,000

7-2006: 21 homes sold, low price, $200,000, high price, $370,000, median price, $265,000

6-2006: 43 homes sold, low price, $209,000, high price, $380,000, median price, $250,000

While factors such as age of the home, number of bedrooms, square footage and whether it has a pool will affect the price of a home in Deep Creek, the price range of homes sold reflects the softening of prices. Most buyers seek homes with pools in Deep Creek, FL. Pools usually add $25,000 to $50,000 to the price of a home.

Sales of Condominiums in Deep Creek, FL have fared better than home sales. While the inventory of condos has remained high, more reasonable asking prices have attracted buyers. There are currently 160 condos listed for sale in Deep Creek, FL. The lowest asking price is $110,000 and the highest price is $389,900. The median asking price for condos for sale in Deep Creek, FL is $159.000.

Recent sales of Condos in Deep Creek, Florida:

9-2006: 19 condos sold, low price, $122,000, high price, $206,000, Median price, $171,000.

8-2006: 14 condos sold, low price, $122,000, high price, $207,500, Median price, $158,600.

7-2006: 20 condos sold, low price, $90,000, high price, $176,500, Median price, $149,900.

6-2006: 14 condos sold, low price, $130,000, high price, $381,000, Median price, $150,000.

The sale of lots in Deep Creek, FL has stagnated in 2006. There is a large area of Deep Creek that has been determined to be a nesting area for scrub jays, an endangered species of bird. Obtaining building permits in an area designated a Scrub Jay Hazard Area can be a lengthy process. It is very important that a buyer of vacant land in Deep Creek, Florida employ a real estate broker with knowledge of Scrub Jay Hazard areas. The real estate brokers of your Suncoasteam have attended seminars on this subject and have a great deal of experience with such properties. We will be happy to discuss your concerns.

There are presently 264 building lots for sale in Deep Creek, FL. The price range is $19,000 - $249,900 with a median price of $64,000. The price of lots for sale in Deep Creek, Florida will depend on the size, presence of scrub jays and its proximity to a golf course or waterfront. Keep in mind that waterfront property in Deep Creek does not have access to open water. Waterfront in Deep Creek is exclusively lakefront.

Recent lands sales in Deep Creek, FL:

9-2006: 1 sold, $45,000.

8-2006: 1 sold: $50,500.

7-2006: 7 sold: Low price, $45,000 high price, $52,000, median price, $50,000

6-2006: 5 sold: Low price, $58,000 high price, $75,000, median price, $60,000

Your Suncoasteam is committed to finding the best property available to fit your needs. We work for you to get the best deal possible. If you’re not happy, we’re not happy. Please consider Your Suncoasteam when buying and selling real estate in Deep Creek, FL.

Andy Leonard and Jim Mulligan are real estate brokers serving Deep Creek, FL and the surrounding areas. The following handy links, will take you to our Deep Creek, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Deep Creek and Punta Gorda Isles, FL is the most comprehensive service provided by any broker in southwest Florida. Please “bookmark€ this search page and use it as your exclusive source for real estate in Deep Creek, FL.

Deep Creek Section:

Homes For Sale In Deep Creek, Florida

Condos For Sale In Deep Creek, Florida

Lots and Land For Sale In Deep Creek, Florida

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

No Comments Yet: Be The First

Sales of homes in Punta Gorda Isles, FL have been very slow since January, 2006. Since June 1, 2006, only 35 homes have sold in PGI. There are currently 241 homes for sale in Punta Gorda Isles, FL. This creates great buyer’s opportunities.

The breakdown of home sales is as follows:

9-2006: 5 homes sold, low price, $350,000, high price, $1,155,000, median price, $505,000

8-2006: 9 homes sold, low price, $350,000, high price, $850,000, median price, $540,000

7-2006: 10 homes sold, low price, $400,000, high price, $830,000, median price, $550,000

6-2006: 12 homes sold, low price, $390,000, high price, $1,165,000, median price, $590,000

Sales of Condominiums in Punta Gorda Isles, FL have fared even worse than home sales. There are currently 369 condos for sale in Punta Gorda Isles, FL. The price range is $149,000 to $1,349,000 with a median price of $349,000.

Recent sales of Condos in Punta Gorda Isles, Florida:

9-2006: 3 condos sold, low price, $215,000, high price, $575,000, Median price, $347,000.

8-2006: 3 condos sold, low price, $210,000, high price, $368,000, Median price, $287,500.

7-2006: 6 condos sold, low price, $199,000, high price, $490,000, Median price, $300,000.

6-2006: 11 condos sold, low price, $199,000, high price, $900,000, Median price, $286,000.

Faring worst of all is the sale of lots in Punta Gorda Isles, FL. There are presently 275 building lots for sale in Punta Gorda Isles, FL. The price range is $75,000 - $4,000,000 with a median price of $400,000. Vacant land is much more difficult to quantify than existing homes or condos, however the number available compared to sales show trends in the market.

Recent lands sales in Punta Gorda Isles, FL:

9-2006: 2 sold, $255,000 and $325,000.

8-2006: 1 sold: $330,000.

7-2006: 1 sold: $455,000.

6-2006: 3 sold: $365,000, $590,000, $625,000.

Your Suncoasteam is committed to finding the best property available to fit your needs. We work for you to get the best deal possible. If you’re not happy, we’re not happy. Please consider Your Suncoasteam when buying and selling real estate in Punta Gorda Isles, FL.

Andy Leonard and Jim Mulligan are real estate brokers serving Punta Gorda Isles, FL and the surrounding areas. The following handy links, will take you to our Punta Gorda, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Punta Gorda Isles, FL is the most comprehensive service provided by any broker in southwest Florida. Please “bookmark€ this search page and use it as your exclusive source for real estate in Punta Gorda Isles, FL.

Punta Gorda Isles:

Homes For Sale In Punta Gorda Isles, Florida

Condos For Sale In Punta Gorda Isles, Florida

Lots and Land For Sale In Punta Gorda Isles, Florida

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

No Comments Yet: Be The First

When someone is thinking of moving here from up north, one of the first things they ask is, ” How much do homes with pools in Englewood, FL cost?€

This link should help answer that question….

No Comments Yet: Be The First

Rotonda West FL Real Estate (Rotunda West Florida Real Estate)

Real estate in Rotonda West, Florida has been volatile in 2006. September has been more of the same. At your Suncoasteam we strive to help you understand the market and get the most for your money.

First, some statistics about sales of real estate in Rotonda West, FL during the month of September, 2006. There are currently 269 homes for sale in Rotonda West, FL, up from 263 in August. The prices range from $175,000 for a 3 bedroom home in Oakland Hills to $661,000 for a huge, new 4 bedroom home on Boundary Blvd in the White Marsh section. The mean price of homes currently available in Rotonda West is $350,000. These prices have not changes since last month. This is a very high inventory and to make it more understandable we need to narrow this down.

There are 188 homes with pools in Rotonda West, FL on this date with a mean asking price of $359,000 and a price range of $179,900 on the low end and $661,000 on the high end.

Sales for the month of September in Rotonda West, Fl is quite revealing. Only one home with a pool sold in September, 2006 in Rotonda West, Fla. That home was in the Pinehurst section and had a sale price of $285,000. It was a 3 bedroom, 2 bath, 2 car garage home built in 1999.

Two homes without pools in Rotonda West, Florida sold during that time frame. A 2/2/1 in Oakland Hills sold for $158,000 and the other was a builder’s model, unsold since 2004. It sold for $279,000.

Rotonda West, FL lots and land are also easing in price and buying opportunities exist for those wishing to build a home. While prices soared last year to over $100,000, very nice parcels can be found in the nicest sections at well below that price.

The more expensive lots to sell in Rotunda West, FL are either on the water or oversize lots, that is, building lots larger than 125×80 or 10,000 square feet. They are also found in the eastern sections of Rotunda West, Florida.

There were 39 condos for sale in Rotonda (Rotunda) West, FL

Rotonda West, FL is located on Florida's southwest coast. It is west of Port Charlotte, FL and south of Venice, FL. Rotonda West, Florida is only a short drive to Englewood Beach, FL.

The links below will take you to reports of the wonderful homes and real estate in Rotonda West, FL. Once at the site, you can refine your search for homes in Rotonda West, FL with the form at the bottom of the page.

Rotonda West:

Homes For Sale In Rotonda (Rotunda) West, Florida

Condos For Sale In Rotonda (Rotunda) West, Florida

Lots and Land For Sale In Rotonda (Rotunda) West, Florida

When you find a property in Rotonda West Fl real estate in one of these reports, call your Suncoasteam and we will make sure it fits your needs. Your Suncoasteam is here to help you find the home of your dreams.

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Questions questions@suncoasteam.com

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

No Comments Yet: Be The First

To search the MLS click the link above.

PUNTA GORDA AND PORT CHARLOTTE FL REAL ESTATE SALES STATISTICS FOR SEPTEMBER 2006

On October 10, 2006 there are currently 5,755 single family homes listed for sale in the Punta Gorda, Port Charlotte, North Port MLS. This area stretches from Venice in the north to Punta Gorda in the south and Englewood and Rotonda in the west to the east end of Charlotte County.

In Port Charlotte and Punta Gorda ONLY there are 2945 homes listed.

During the month of September, 2006, we have seen a leveling in the price of homes sold in our area while the number of homes sold declined. I base this on a study of “standard homes€ sold during that month. I define a standard home as the most popular, 3/2/2, 1500 – 2000 s/f home.

In the Punta Gorda, Port Charlotte areas ONLY, (All Punta Gorda, Port Charlotte: P-Sections 101 – P 124) according to the MLS, there were 193 standard homes with pools (3/2/2, 1500 – 2000 s/f) actively listed for sale and 243 without pools.

Homes for sale with pools in Punta Gorda, Florida (FL)

Homes for sale without pools in Punta Gorda, Florida (FL)

Homes for sale with pools in Port Charlotte, Florida (FL)

Homes for sale without pools in Port Charlotte, Florida (FL)

This eliminates all the two bedroom homes, all the very small and very large homes and homes on acreage. It only studies the standard, most popular home in the area. I feel this gives a benchmark on what prices are really doing.

Sales in August, 2006

Standard Homes Closed Sales September 1 – 30, 2006, Port Charlotte and Punta Gorda, FL average sale price:

3/2/2, 1500 – 2000 s/f, w/pool $223,500 (4)

no/pool, $233,000 (10)

Actually, sales were so dismal that precise numbers are difficult to determine. The few homes sold in the “standard€ category exemplify the problems of this slow market. Sellers are doggedly maintaining their prices. Buyers, likewise, are determined to find the best deal available. Pool home buyers bought smaller, older homes. The only standard home newer than the late 80’s to sell in PCPC during September was in Deep Creek. It sold for $284,000. Built in 2004, this home would have sold in the mid 300 range during the peak. The more reasonable price offered in this market allowed it to sell in 2 weeks.

When one looks at all homes sold in the area, regardless of size or features, there were 82 non waterfront sold, median price of $187,000. All including waterfront, 98, median price $200,000. While the total number of homes sold in each category was down by about 20 percent, the median price was up slightly.

Of the 16 true waterfront homes with gulf access, the median price was $375,000, down from in August $480,000. There are currently 681 waterfront homes in Punta Gorda and Port Charlotte, FL on the market.

Your Suncoasteam guarantees your satisfaction with our services. If you list your home with your Suncoasteam, you may cancel that agreement at your discretion with 24 hours written notice. We will never lock you into a contract. If you are not happy with our services, we do not deserve your business.

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

featured Properties:
Real Estate For Sale In Southwest Florida, Florida

Sellers – Know what your Southwest Florida home is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your Southwest Florida Home.

Search the Southwest, Florida MLS

No Comments Yet: Be The First

Statistics: Lots and land sales in Rotonda (Rotunda) West, White Marsh and Pine Valley, FL: September, 2006

Sales of lots and land have been very slow in Southwest Florida for most of 2006. Rotonda (Rotunda) White Marsh, FL had 63 standard building lots listed for sale in the Englewood / Rotonda (Rotunda) MLS system in the month of September, 2006. No lot sold in this section, according to the MLS, in the month of September.

Sales of lots and land have been very slow in Southwest Florida for most of 2006. Rotonda (Rotunda) Pine Valley, FL had 107 standard building lots listed for sale in the Englewood / Rotonda (Rotunda) MLS system in the month of September, 2006. Only one lot sold in this section, according to the MLS, in the month of September. That lot is on Pine Valley Court and sold for $58,000. It has a small lake view and is adjacent to a golf course to be built in 2008.

White Marsh and Pine Valley are the newest sections in Rotonda (Rotunda) West. Most of the homes were built after 2000 with a handful in the late 90’s. Buyers are looking for a lot to build a luxury home in the, White Marsh and Pine Valley Sections. The modern styling and higher storm code ratings of most homes in Rotonda (Rotunda) West, White Marsh and Pine Valley will help keep the value higher. The median price of homes currently for sale in White Marsh and Pine Valley is $525,000.

Of the 63 available lots in Rotonda (Rotunda) White Marsh FL, the lowest asking price was $69000, a very good buy for someone intending to build soon. The highest asking price was $139,900. Of the 107 available lots in Rotonda (Rotunda) Pine Valley FL, the lowest asking price was $69000, a very good buy for someone intending to build soon. The highest asking price was $150,000. Lots and land for sale in Rotonda (Rotunda) West, Florida are very similar in size and features and White Marsh and Pine Valley can be very competitive with other sections of Rotonda (Rotunda) West.

It is doubtful that a significant rebound in prices will occur in the near future. Investors have left the market and the vast majority of buyers are in the market for personal use. White Marsh and Pine Valley Have an abundance of vacant lots and a buyer should be able to select from a large number of acceptable lots and negotiate a favorable purchase.

While there are homes in White Marsh and Pine Valley with values well into the $600,000’s, most values are in the $500,000 range or lower. Buyers of lots in White Marsh and Pine Valley will be able to find beautiful parcels under $100,000. There are many large and luxurious homes in this area, however, if a buyer intends to build a home valued at over $700,000, areas such as Eagle Preserve and Cape Haze, communities with homes of similar and greater value.

Sellers – Know what your Rotonda (Rotunda) property is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your specific lot.

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Your Suncoasteam’s Featured Properties

Search the Southwest, Florida MLS Systems

Homes For Sale In Florida Southwest Suncoast

No Comments Yet: Be The First

Statistics: Lots and land sales in Rotonda (Rotunda) Long Meadow, FL: September, 2006

Sales of lots and land have been very slow in Southwest Florida for most of 2006. Rotonda (Rotunda) Long Meadow, FL had 49 standard building lots listed for sale in the Englewood / Rotonda (Rotunda) MLS system in the month of September, 2006. No lot sold in this section, according to the MLS, in the month of September.

Long Meadow is a newer sections in Rotonda (Rotunda) West. Most of the homes were built in the later 2000 with a handful in the mid 90’s. Buyers are looking for a lot to build a high quality home in the Long Meadow Section. The modern styling and higher storm code ratings of most homes in Rotonda (Rotunda) West Long Meadow will help keep the value higher. The median price of homes currently for sale in Long Meadow is $387,000.

Of the 49 available lots in Rotonda (Rotunda) Long Meadow, FL, the lowest asking price was $72,000, a very good buy for someone intending to build soon. The highest asking price was $150,000. Lots and land for sale in Rotonda (Rotunda) West, Florida are very similar in size and features and Long Meadow can be very competitive with other sections of Rotonda (Rotunda) West.

It is doubtful that a significant rebound in prices will occur in the near future. Investors have left the market and the vast majority of buyers are in the market for personal use. While there are a good number of homes in Long Marsh, there are many vacant lots and a savvy buyer can negotiate a very good price. Buyers should consider another section if their intended new home will exceed the $430,000’s in today’s prices. While there are homes in Long Meadow with values well over $400,000 and even $500,000, they become more difficult to resell in an area where there are many homes valued under $360,000. While there are more lots available in Long Meadow than Broadmoor, they have similar attributes and demographics and pricing will be relatively close.

Buyers of lots in Long Meadow should not pay more than $70,000 at this time and should not construct a new home valued over $360,000 ($430,000 total land, home, impact) at this time. If your intended new home will be more expensive, shop in the White Marsh or Pine Valley section of Rotonda (Rotunda) West, FL.

Sellers – Know what your Rotonda (Rotunda) property is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your specific lot.

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Your Suncoasteam’s Featured Properties

Search the Southwest, Florida MLS Systems

Homes For Sale In Florida Southwest Suncoast

No Comments Yet: Be The First

Statistics: Lots and land sales in Rotonda (Rotunda) Broadmoor, FL: September, 2006

Sales of lots and land have been very slow in Southwest Florida for most of 2006. Rotonda (Rotunda) Broadmoor, FL had 34 standard building lots listed for sale in the Englewood / Rotonda (Rotunda) MLS system in the month of September, 2006. Only one lot sold in this section, according to the MLS, in the month of September. That lot sold for $95,000. It is located on Rotonda Circle and it is a waterfront lot.

Broadmoor is a newer section in Rotonda (Rotunda) West. Most of the homes were built in the later 90’s and into the 2000’s. Buyers are looking for a lot to build a little better than a middle priced home in the Broadmoor Section. The newer styling of most homes in Rotonda (Rotunda) West Broadmoor will help keep the value higher. The average (and median) price of homes currently for sale in Broadmoor is $386,000.

Of the 44 available lots in Rotonda (Rotunda) Broadmoor, FL, the lowest asking price was $59000, a very good buy for someone intending to build soon. The highest asking price was $158,900. Lots and land for sale in Rotonda (Rotunda) West, Florida are very similar in size and features and Broadmoor can be very competitive with other sections of Rotonda (Rotunda) West.

It is doubtful that a significant rebound in prices will occur in the near future. Investors have left the market and the vast majority of buyers are in the market for personal use. While there are still a fair number of lots available, Broadmoor is largely built. Buyers should consider another section if their intended new home will exceed the low $400,000’s in today’s prices. While there are homes in Broadmoor with values well over $400,000, they become more difficult to resell in an area where there are many homes valued under $325,000.

Buyers of lots in Broadmoor should not pay more than $65,000 at this time and should not construct a new home valued over $350,000 ($415,000 total land, home, impact) at this time. If your intended new home will be more expensive, shop in a different section of Rotonda (Rotunda) West, FL.

Sellers – Know what your Rotonda (Rotunda) property is worth in today’s market. Click here for a FREE, NO OBLIGATION MARKET ANALYSIS of your specific lot.

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033

Your Suncoasteam’s Featured Properties

Search the Southwest, Florida MLS Systems

Homes For Sale In Florida Southwest Suncoast

No Comments Yet: Be The First