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Reducing Florida Homeowner Insurance Rates

Posted by Jim Mulligan on January 17th 2007 to Insurance

A special legislative session in Tallahassee is working to find ways to lower homeowner property insurance in Florida. Rates for some owners, especially those with older homes, have sometimes tripled in recent years.

Beach and island homes in southwest Florida have been especially hard hit with rate increases. Several insurance companies have not renewed policies and will not write new ones. This leaves owners with only one choice€¦ Citizens Property Insurance Corp., the state run insurance company.

Legislators are trying to find ways that will allow Citizens to reduce rates and hold them down. There area several proposals for cutting costs at Citizens and private insurers. Among the proposals is to require companies that sell homeowner policies in other states to offer them in Florida. Some companies “cherry pick€ policies, only writing high profit auto insurance. Another idea is to prohibit a company from setting up a Florida only subsidiary to insulate its national company’s profits.

Some have suggested that Citizens be allowed to become a competitive company, writing policies for less vulnerable properties and perhaps even auto insurance. This, it is said, will make insurance more competitive across the board.

Other ideas are to allow policy holders to forego high premium wind coverage, purchase policies with higher deductibles or have exclusions such as vulnerable pool and lanai cages.

New building codes will go a long way toward improving homes ability to withstand high winds. When homes are stronger, insurers will be happy to take the risk. As more new and stronger homes are constructed, overall risk should lessen.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest Florida

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Homes For Sale In Charlotte County, FL

Charlotte County Florida Real Estate:

Land For Sale In Charlotte County, FL

Homes For Sale In Port Charlotte. Florida – Northeast Section

Sales Statistics for Port Charlotte, Florida - 2006 Annual Report

Posted by Jim Mulligan on January 11th 2007 to Price Trends

There are currently 1,804 homes for sale in Port Charlotte, FL.

There are currently 1760 homes listed for sale in Port Charlotte (Sections P101 – 106). The price range is $55,000 - $7,992,000. The median price is $224,900.

One must understand that there are modest one bedroom retirement homes as well as extravagant waterfront estates in Port Charlotte. This town has something for everyone. Boaters and Sailors can find homes on gulf access canals and those on fixed incomes can find a cozy Florida cottage.

Sold:

12-2006: 75 homes sold, $79,000 - $600,000. Median price: $200,000.
11-2006: 61 homes sold, $68,250 - $635,000. Median price: $185,000.
10-2006: 85 homes sold, $95,000 - $521,000. Median price: $169,500.
9-2006: 69 homes sold, $67,000 - $570,000. Median price: $190,000.
8-2006: 91 homes sold, $65,000 - $500,000. Median price: $179,000.
7-2006: 85 homes sold, $50,000 - $1,100,000. Median price: $185,000.
6-2006: 94 homes sold, $75,000 - $749,900. Median price: $193,000.
5-2006: 120 homes sold, $70,000 - $1,275,000. Median price: $180,000.
4-2006: 101 homes sold, $105,000 - $650,000 Median price: $185,000.
3-2006: 125 homes sold, $99,000 - $1,300,000. Median price: $190,000.
2-2006: 84 homes sold, $95,000 - $975,000. Median price: $195,000.
1-2006: 74 homes sold, $65,000 - $1,300,000. Median price: $191,000.

Condominiums in Port Charlotte, FL can be a great value. There are many very reasonably priced. There are currently 315 condos for sale in Port Charlotte, FL. The price range is $61,900 - $750,000 and a median price of $130,000.

Sold:
12-2006: 9- $ 75,000 - $450,000. Median price: $117,000.
11-2006: 9- $ 90,000 - $144,500. Median price: $119,900.
10-2006: 8 - $73,000 - $121,000. Median price: $84,900.
9-2006: 8- $ 65,000 - $319,000. Median price: $120,000.
8-2006: 8- $ 76,900 - $125,000. Median price: $101,000.
7-2006: 7- $ 95,000 - $222,500. Median price: $108,000.
6-2006: 11- $ 44,000 - $150,000. Median price: $115,000.
5-2006: 14- $ 108,000 - $251,800. Median price: $118,000.
4-2006: 9- $ 89,000 - $195,000. Median price: $115,000.
3-2006: 13- $ 80,000 - $385,000. Median price: $119,000.
2-2006: 11- $ 72,000 - $185,000. Median price: $113,500.
1-2006: 11- $ 72,000 - $310,000. Median price: $110,000.

The sale of lots in Port Charlotte, FL has also been quite slow in 2006. There are presently 1,357 building lots for sale in Port Charlotte, FL. (1/2 acre or less, residential with public water on paved road) For the purpose of this report we will consider ONLY lots with public water service. It may be possible to find lots that require a well for somewhat less money. The price range for lots with public water service is $19,000 - $1,950,000 for a lot in gated Grassy Point with spectacular view of Charlotte Harbor. Median price: $47,000. Keep in mind that waterfront lots or extra large lots sell for quite a bit more than a standard, neighborhood dry lot.

Sold:

12-2006: 12 - $15,000 - $159,900. Median price: $30,000.
11-2006: 15 - $15,000 - $1,200,000. Median price: $24,000.
10-2006: 17 - $24,375 - $165,000. Median price: $25,000.
9-2006: 12 - $19,000 - $165,000. Median price: $26,500.
8-2006: 22 - $18,000 - $205,000. Median price: $35,000.
7-2006: 16 - $24,500 - $304,000. Median price: $30,000.
6-2006: 26 - $16,500 - $155,000. Median price: $31,000
5-2006: 22 - $25,000 - $850,000. Median price: $33,000.
4-2006: 30 - $12,500 - $185,000. Median price: $40,000.
3-2006: 30 - $30,900 - $255,000. Median price: $45,000.
2-2006: 37 - $28,000 - $216,500. Median price: $48,900.
1-2006: 50 - $22,000 - $550,000. Median price: $48,000.

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 Port Charlotte, FL.

Andy Leonard and Jim Mulligan are real estate brokers serving Port Charlotte, 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 Port Charlotte, 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 Port Charlotte, FL.

Port Charlotte Section:

Port Charlotte – Northeast:

Condos For Sale In Port Charlotte, Florida – Northeast Section

Lots and Land For Sale In Port Charlotte, Florida – Northeast Section

Port Charlotte – Southwest:

Homes For Sale In Port Charlotte, Florida – Southwest Section

Condos For Sale In Port Charlotte, Florida – Southwest Section

Lots and Land For Sale In Port Charlotte, Florida – Southwest Section

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

Homes For Sale In Burnt Store Isles, Florida

Sales Statistics - Burnt Store Isles – 2006 Annual Report

Posted by Jim Mulligan on January 10th 2007 to Price Trends

Burnt Store Isles, Florida Real Estate

Statistics posted monthly, approximately the 10th of the month for the preceding month. If this report is not for the most recent month, Click here for most recent area real estate sales statistics. Then bookmark that page to get the most recent updates every month€¦

There are currently 69 homes for sale in Burnt Store Isles, FL. The price range is $299,000 - $1,295,000 and a median price of $629,000. This is unchanged from last two months. Buyers will continue to find very motivated sellers.

The breakdown of home sales is as follows:

12-2006: 0 homes sold.

11-2006: 4 homes sold, $410,000 - $575,000. Median price: $520,000.

10-2006: 4 homes sold, $340,000 - $990,000. Median price: $776,000.

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 44 Condos For Sale In Burnt Store Isles, FL. The price range is $184,900 - $499,000 and a median price of $299,000, unchanged changed during the last three months of the year.

12-2006: none sold

11-2006: none sold

None sold in October, 2006.

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

There are presently 78 building lots for sale in Burnt Store Isles, FL. The price range is $119,900 - $685,000 with a median price of $375,000.

No lots sold in BSI during the month of November or December 2006 and only 8 have sold all this year.

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:

Condos For Sale In Burnt Store Isles, Florida

Lots and Land For Sale In Burnt Store Isles, Florida

Burnt Store Marina, Lakes & Village:

Homes For Sale In Burnt Store Marina, Florida

Condos For Sale In Burnt Store Marina, Florida

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

Visit our Suncoasteam Blog to read discussions on local real estate trends and reports on prices of land in homes in our area€¦ and you can leave your own comments or ask questions.

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

Homes For Sale In Deep Creek, Florida

Sales Statistics – Deep Creek, Florida – 2006 Annual Report

Posted by Jim Mulligan on January 10th 2007 to Price Trends

There are currently 322 homes for sale in Deep Creek, FL. Single family home prices start at $157,000 with a high asking price of $599,000, unchanged from the previous month. The median asking price of homes for sale in Deep Creek, FL is $259,000.

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:

12-2006: 17 homes sold, $169,000 - $268,900. Median price: $225,000

11-2006: 15 homes sold, $157,900 - $368,000. Median price: $231,000

10-2006: 11 homes sold, $189,900 - $402,000. Median price: $230,000.

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

There are currently 156 condos for sale in Deep Creek, FL. The lowest asking price is $100,000 and the highest price is $389,900. The median price: $159,900.

Recent sales of Condos in Deep Creek, Florida:

12-2006: 16 condos sold, $89,000 - $198,625. Median price: $169,610.

11-2006: 8 condos sold, $150,000, $198,800. Median price: $170,000.

10-2006: 3 condos sold, $105,000, $144,900, $319,900.

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 258 lots for sale in Deep Creek, FL. (Smaller than 1/2 acre) The price range is $18,000 - $249,000 with a median price of $60,000.

Recent lands sales in Deep Creek, FL:

12-2006: 1 sold - $45,000

11-2006: 0 sold

10-2006: 1 sold, $67,500.

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

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:

Condos For Sale In Deep Creek, Florida

Lots and Land For Sale In Deep Creek, Florida

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

homes for sale in Rotonda, Florida.

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Sales Statistics – Rotonda, Florida – 2006 Annual Report

Posted by Jim Mulligan on January 10th 2007 to Price Trends

Rotonda is divided into several sections. These include Rotonda West, Rotonda Lakes, Rotonda Sands, Rotonda Villas and Meadows and Rotonda Heights.

Rotonda West is further divided into seven pie shaped subdivisions: Oakland Hills, Pebble Beach, Pinehurst, Broadmoor, Long Meadow, White Marsh and Pine Valley, named to emphasize the golf course community.

Rotonda West is the most fully developed and therefore has the most resale homes. Rotonda Heights and Rotonda Lakes also have resale homes while the remaining communities are sparsely developed resulting in few resale homes. Most of the real estate sales in Rotonda Sands, Rotonda Villas and Meadows are vacant lot sales.

There are currently 389 homes for sale in Rotonda, FL.
The price range is $165,000 - $949,900. The median price is $319,000.

The breakdown of single-family home sales is as follows:

12-2006: 18 homes sold, $192,500- $449,000. Median price: $309,000.

11-2006: 17 homes sold, $165,000 - $390,000. Median price: $245,000.

10-2006: 2 homes sold, $213,000 and $235,000

9-2006: 3 home sold, $158,000 - $290,000. Median price: $280,000

8-2006: 4 homes sold, $205,000 - $540,000. Median price: $300,000

7-2006: 7 homes sold, $210,000 -$372,000. Median price: $280,000

6-2006: 17 homes sold, $220,000 - $505,000. Median price: $330,000

Condominiums in Rotonda, FL (Rotunda, FL), FL are mostly new construction with only a few resales. There are currently 60 condos for sale in Rotonda, FL. The price range is $116,900 - $315,900 and a median price of $225,000.

12-2006 – 1 sold, $105,000

11-2006: None sold

Five have sold since June 1, 2006, $111,500 - $215,000. Median price: $199,000.

The sale of lots in Rotonda, FL (Rotunda, FL), FL has also been quite slow in 2006. There are presently 1,306 building lots for sale in Rotonda, FL. The price range is $19,500 for a lot in Rotonda Villas to $189,000 for a lot in Pine Valle section of Rotonda West. The median price is $65,900. For the purpose of this report we have discarded oversize lots and multiple lot offerings. In the many sections of Rotonda, the price of vacant land will vary greatly depending upon age of surrounding homes, number of area homes, size of the lot, etc€¦ Before using this data to value your specific lot, please call or write so we can perform an area analysis. Furthermore, all the high asking prices are outrageously overpriced for today’s conditions. Sales stats tell more of the story.

Sold:

12-2006 – 26 sold, $17,000 – $127,500. Median price: $18,000

11-2006 – 20 sold, $17,500 – $69,900. Median price: $25,500.

87 vacant lots have sold in all areas of Rotonda June 1, 2006 – October 31, 2006. The price range was $22,000 for a building lot in Rotonda Villas to $132,000 for a larger lot in the new section of White Marsh in Rotonda West.

Andy Leonard and Jim Mulligan are real estate brokers serving Rotonda, FL (Rotunda, FL), FL and the surrounding areas. The following handy links, will take you to our Rotonda, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Rotonda, FL (Rotunda, FL), 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 Rotonda, FL (Rotunda, FL).

Rotonda (Rotunda) All Sections:

condos for sale in Rotonda, Florida.

lots for sale in Rotonda, Florida.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

Homes For Sale In Punta Gorda Isles, Florida

Sales Statistics – Punta Gorda Isles, FL – 2006 Annual Report

Posted by Jim Mulligan on January 10th 2007 to Price Trends

Punta Gorda Isles, Florida Real Estate

Sales of homes in Punta Gorda Isles, FL have been very slow since January, 2006. There are currently 272 Homes For Sale In Punta Gorda Isles, FL.

The price range is $209,900 - $5,400,000 and a median price of $575,000. This creates great buying opportunities.

The breakdown of home sales is as follows:

12-2006: 5 homes sold. $318,000 - $945,000. Median price: $455,000.

11-2006: 5 homes sold. $415,000 - $750,000. Median price: $480,000.

10-2006: 6 homes sold. $345,000 - $825,000. Median price: $460,000.

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 397 Condos For Sale In Punta Gorda Isles, FL. The listing price range is $124,900 to $1,349,000 with a median price of $359,000.

Recent sales of Condos in Punta Gorda Isles, Florida:

12-2006: 3 sold, $235,000, $325,000 and $365,000.

11-2006: 2 sold, $280,000 and $550,250.

10-2006: 8 sold, $150,000 - $531,000. Median price: $275,000.

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: 112 condos sold, low price, $199,000, high price, $900,000, Median price, $286,000.

There are presently 257 building Lots For Sale In Punta Gorda Isles, FL.

The price range is $95,000 - $4,000,000 with a median price of $400,000, unchanged from September. 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:

12-2006: 1 sold, $340,000

11-2006: 2 sold, $275,000 and $300,000.

10-2006: 2 sold, $235,000 and $265,000

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.

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:

Condos For Sale In Punta Gorda Isles, Florida

Lots and Land For Sale In Punta Gorda Isles, Florida

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

Punta Gorda, FL and Port Charlotte, FL Home Sales Statistics 2006 Annual Report

Posted by Jim Mulligan on January 10th 2007 to Price Trends

Homes Sold in Punta Gorda, Florida and Port Charlotte, Florida

This is a chart to help understand the trend in homes sold in the area over the last two years. In mid 2005 prices soared and seemed to hold while sales slowed. During the Spring and Summer of 2006 prices began to moderate. This chart follows the sale of the average home in our area. For the purpose of this report we call the home a Standard Home (STD).

Notes:

STD: Standard home is a non-waterfront, 3 bedroom, 2 bathroom, 2 car garage, between 1500 and 200 square feet of air conditioned living area. Median sale price (half sold for more, half sold for less) was determined for homes with a pool and homes without.

All Active S/F/H Listings: All homes listed for sale per month in PC-PG

Active Median List Price: STD homes in PG & PC sections.

STD SFH Sold/month: Number and median price of Standard Homes (STD) sold in PC&PG sections each month, separated into with pool and without pool categories. Number of homes sold in each category in parentheses (#).

All Punta Gorda, Port Charlotte: MLS Sections 101 – P 124

ACTIVE STATISTICS

1/10/2007
All Active S/F/H Listings – 3136
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $265,900 (277),
n/pool, $234,900 (370)

12/15/2006
All Active S/F/H Listings – 3224
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $274,500 (251),
n/pool, $244,900 (329)

7/15/2006
All Active S/F/H Listings – 2888
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $284,900 (182),
n/pool, $244,900 (241)

6/9/06
All Active S/F/H Listings – 2862
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $289,500 (184),
n/pool, $249,900 (250)

5/25/06
All Active S/F/H Listings – 2901
Active Median List Price. 3/2/2, 1500 – 2000 s/f, w/pool $299,900 (217),
n/pool, $249,900 (280)

SOLD STATISTICS

STD SFH Sold/month: $-STD/with pool $STD/no pool

12/2006- pool - $250,975 (9) - no pool- $178,000 (16)

11/2006- pool - $232,000 (10) - no pool- $205,000 (8)

10/2006- pool - $230,000 (10) - no pool - $205,000 (11)

9/2006- pool - $237,000 (5) - no pool - $207,000 (14)

8/2006- pool - $252,500 (12) - no pool - $195,000 (17)

7/2006- pool - $249,000 (16) - no pool - $209,000 (12)

6/2006- pool - $245,000 (17) - no pool- $220,000 (16)

5/2006- pool - $255,000 (14) - no pool- $220,000 (12)

4/2006- pool - $245,000 (15) - no pool - $219,900 (19)

3/2006- pool - $285,000 (19) - no pool - $235,000 (11)

2/2006- pool - $269,000 (5) - no pool - $229,000 (8)

1/2006- pool - $247,000 - no pool - $225,000

12/2005- pool - $260,000 - no pool - $239,500

11/2005- pool - $270,000 - no pool - $241,900

10/2005- pool - $285,000 - no pool - $227,000

9/2005- pool - $270,000 - no pool - $225,000

8/2005- pool - $252,450 - no pool - $225,000

7/2005- pool - $262,000 - no pool - $220,000

6/2005- pool - $254,000 - no pool - $225,000

5/2005- pool - $240,000 - no pool - $192,000

4/2005- pool - $220,000 - no pool - $199,500

3/2005- pool - $215,000 - no pool - $209,000

2/2005- pool - $240,000 - no pool - $195,000

1/2005- pool - $203,500 - no pool - $234,900

12/2004- pool - $198,900 - no pool - $189,850

11/2004- pool - $194,000 - no pool - $155,000

10/2004- pool - $180,000 - no pool - $172,500

9-2004- pool - $180,000 - no pool - $173,250

8/2004- pool - $185,000 - no pool - $172,900

7/2004- pool - $197,000 - no pool - $170,000

6/2004- pool - $205,000 - no pool - $168,000

5/2004- pool - $179,900 - no pool - $150,900

4/2004- pool - $181,500 - no pool - $154,000

3/2004- pool - $170,000 - no pool - $144,000

2/2004- pool - $170,000 - no pool - $164,900

1/2004- pool - $163,000 - no pool - $134,000

Discussion: 2007 should be a great time to buy a home in this area. There is a large inventory and the buyers have the upper hand. The median price for homes in the area has leveled off and there are many great deals as sellers have come to realize that asking prices of the last year were too high.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

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Florida Homestead Exemption

Posted by Jim Mulligan on January 02nd 2007 to House and Home

Homestead Exemptions

The filing period for Florida Homestead Exemptions for those whose primary residence is in the State of Florida is January 1 through the last day of February each year. If you own the home in which you live on January 1, you qualify for the exemption.

If you think you qualify you can visit the Charlotte County Property Appraiser’s office on Murdock Circle in Port Charlotte or get more information at the appraiser’s website www.ccappraiser.com.

The Homestead Exemption is a $25,000 deduction off the assessed value of a qualifying property. In addition, the Save Our Homes Exemption is also attached. This part of the exemption limits any increase in assessed value to no more than 3% per year.

Filing for the Homestead Exemption is easy and well worth the time.

James B. Mulligan, Licensed Real Estate Broker
18245 Paulson Dr.
Port Charlotte, FL 33954

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

Questions sales@suncoasteam.com

Visit our Suncoasteam Blog to read discussions on local real estate trends and reports on prices of land in homes in our area€¦ and you can leave your own comments or ask questions.

featured Properties:
Featured Homes and Lots For Sale In Southwest 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.

Homes For Sale In Port Charlotte. FL – Northeast Section

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