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Sales Statistics – Charlotte County – February, 2008

Posted by Jim Mulligan on March 18th 2008 to Price Trends

Monthly Statistics Report - Feb 2008
	Feb 2008	Change from Jan 2008	Feb 2007	Change from 2/07 - 2/08	YTD 2008	YTD 2007	2007 - 2008 YTD
Residential
New Listings	754	-23.53%	992	-23.99%	1,740	2,285	-23.85%
Sold Listings	201	16.55%	212	-23.58%	301	364	-17.31%
Volume - Sold Listings	$30,906,717	10.15%	$47,108,444	-34.39%	$58,965,172	$80,976,383	-27.18%
Average Sale Price	$190,782	-5.49%	$222,210	-14.14%	$195,898	$222,463	-11.94%
High Sale Price	$1,150,000	-70.32%	$650,000	76.92%	$3,875,000	$685,999	464.87%
Low Sale Price	$19,000	-26.92%	$27,000	-29.63%	$19,000	$27,000	-29.63%
Average Days on Market	104	-8.77%	105	-0.95%	109	106	2.83

Charlotte County Real Estate for Sale:
Homes and land for sale in Charlotte County Florida. Condos for sale in Port Charlotte, FL and condos for sale in Punta Gorda, FL. Homes for sale in Punta Gorda Isles, FL. Homes and condos for sale in Norht Port, FL. Homes and condos for sale in Deep Creek, FL.

Condos For Sale in Charlotte County, Florida

Land For Sale In Charlotte County, Florida

James B. Mulligan, Licensed Real Estate Broker
Suncoasteam Realty
PO Box 380503
Murdock, FL 33938

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033
Donata Noone (941) 875-4744

Questions sales@suncoasteam.com

Featured Homes, Condos 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.

Port Charlotte Homes For Sale
Port Charlotte Condos For Sale
Port Charlotte Lots For Sale

Sales Statistics – Charlotte County – January, 2008

Posted by Jim Mulligan on March 18th 2008 to Price Trends

Monthly Statistics Report - Jan 2008

	Jan 2008	Change from Dec 2007	Jan 2007	Change from 1/07 - 1/08	YTD 2008	YTD 2007	2007 - 2008 YTD
Residential
New Listings	986	74.20%	1,293	-23.74%	986	1,293	-23.74%
Sold Listings	181	-19.19%	152	-8.55%	139	152	-8.55%
Volume - Sold Listings	$28,058,455	-13.95%	$33,867,939	-17.15%	$28,058,455	$33,867,939	-17.15%
Average Sale Price	$201,859	6.48%	$222,815	-9.41%	$201,859	$222,815	-9.41%
High Sale Price	$3,875,000	355.88%	$685,999	464.87%	$3,875,000	$685,999	464.87%
Low Sale Price	$26,000	100.00%	$55,000	-52.73%	$26,000	$55,000	-52.73%
Average Days on Market	114	-7.32%	108	5.56%	114	108	5.56

Real Estate for sale in Charlotte County FL

Port Charlotte Real Estate

Punta Gorda Isles Real Estate

Punta Gorda Isles Homes For Sale
Punta Gorda Isles Condos For Sale
Punta Gorda Isles Lots For Sale

WATERFRONT ONLY

Waterfront homes in Punta Gorda Isles

Punta Gorda Real Estate

Punta Gorda Homes for Sale
Punta Gorda Condos For Sale
Punta Gorda Lots For Sale

Burnt Store Isles Real Estate

Burnt Store Isles Homes For Sale
Burnt Store Isles Condos For Sale
Burnt Store Isles Lots For Sale

Deep Creek Real Estate

Deep Creek Homes For Sale
Deep Creek Condos For Sale
Deep Creek Lots For Sale

North Port Real Estate

North Port Homes For Sale
North Port Condos For Sale
North Port Lots For Sale

James B. Mulligan, Licensed Real Estate Broker
Suncoasteam Realty
PO Box 380503
Murdock, FL 33938

Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033
Donata Noone (941) 875-4744

Questions sales@suncoasteam.com

Featured Homes, Condos 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 Isles Homes For Sale

Punta Gorda Isles, FL (PGI) – Real Estate Sales Statistics – 2/2008

Posted by Jim Mulligan on March 05th 2008 to Price Trends

Punta Gorda Isles, FL (PGI) – Real Estate Sales Statistics – 2/2008

Punta Gorda 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€¦

Sales of homes in Punta Gorda Isles, FL have been very slow since January, 2006. Buyers are getting much more for their money than they were in 2006. There are currently 252 homes for sale in Punta Gorda Isles, FL. The price range is $129,900 - $3,999,000 and a median price of $525,000. This creates great buying opportunities.

If you are considering buying a home in Punta Gorda Isles, FL, there have been few opportunities as good as the present.

The breakdown of home sales is as follows:

2/2008: 15 homes sold. $264,900 - $1,150,000. Median price: $415,000

1/2008: 9 homes sold. $268,000 - $3,875,000. Median price: $451,000

12-2007: 10 homes sold. $250,000 - $850,000. Median price: $375,000

11-2007: 9 homes sold. $250,000 - $869,000. Median price: $475,000

10-2007: 9 homes sold. $330,000 - $590,000. Median price: $420,000

9-2007: 7 homes sold. $169,000 - $725,000. Median price: $325,000

8-2007: 16 homes sold. $340,000 - $750,000. Median price: $460,000

7-2007: 3 homes sold. $355,000 - $700,000. Median price: $355,000

6-2007: 12 homes sold. $325,000 - $825,000. Median price: $475,000

5-2007: 3 homes sold. $295,000 - $600,000. Median price: $530,000.

4-2007: 5 homes sold. $299,000 - $885,000. Median price: $585,000.

3-2007: 13 homes sold. $325,000 - $1,300,000. Median price: $550,000.

2-2007: 14 homes sold. $295,000 - $610,000. Median price: $470,000.

1-2007: 7 homes sold. $320,000 - $685,000. Median price: $510,000.

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 been slow for more than a year but there seems to be some renewed interest in buyers. PGI has some of the nicest condos in Florida and certainly the best price for waterfront condos. There are currently 371 condos for sale in Punta Gorda Isles, FL. The listing price range is $99,900 to $999,000 with a median price of $299,900.

Recent sales of Condos in Punta Gorda Isles, Florida:

2-2008: 4 sold, $155,000 - $285,000. Median: $245,000

1-2008: 1 sold, $285,000

12-2007: 5 sold, $150,000 - $400,000. Median: $300,000

11-2007: 3 sold, $159,500 - $414,000. Median: $240,000

10-2007: 5 sold, $105,000 - $450,000. Median: $225,000

9-2007: 5 sold, $181,000 - $382,500. Median: $237,000

8-2007: 6 sold, $191,000 - $415,000. Median: $225,000

7-2007: 1 sold, $134,500

6-2007: 6 sold, $155,000 - 340,000. Median: $267,000

5-2007: 5 sold, $134,900 - 405,000. Median: $177,000

4-2007: 11 sold, $135,000 - 580,000. Median: $200,000

3-2007: 8 sold, $185,000 - 475,000. Median: $279,900

2-2007: 5 sold, $175,000 - 285,000. Median: $200,000

1-2007: 6 sold, $195,000,000 - 490,000. Median: $250,000

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

Lots in PGI

There are presently 165 building Lots For Sale in Punta Gorda Isles, FL. The price range is $45,000 - $2,600,000 with a median price of $349,000. 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. PGI is the best waterfront community in Florida. No waterfront community offers better open water access for the money! If you want to own a home on waterfront in Florida, now is the time to buy a Punta Gorda Isles waterfront lot.

Recent lands sales in Punta Gorda Isles, FL:

2-2008: 2 sold - $200,000 & $250,000

1-2008: 0 sold

12-2007: 0 sold

11-2007: 0 sold

10-2007: 1 sold - $250,000

9-2007: 0 sold

8-2007: 2 sold, $195,000 and $225,000

7-2007: 5 sold, $245,000 - $250,000

6-2007: 0 sold

5-2007: 0 sold

4-2007: 0 sold

3-2007: 1 sold, $835,000.

2-2007: 2 sold, $90,000 and $310,000.

1-2007: 0 sold.

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.

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:

Punta Gorda Isles Condos For Sale

Punta Gorda Isles Lots For Sale

James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938

Jim Mulligan (941) 456-3034

Questions sales@suncoasteam.com

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.

Deep Creek Homes For Sale
Deep Creek Condos For Sale
Deep Creek Lots For Sale

Deep Creek, FL – Real Estate Sales Statistics – 2/2008

Posted by Jim Mulligan on March 05th 2008 to Price Trends

Deep Creek, FL – Real Estate Sales Statistics – 2/2008

Deep Creek, Florida Real Estate

There are currently 230 homes for sale in Deep Creek, FL. Single family home prices start at $115,000 with a high asking price of $499,000. The median asking price of homes for sale in Deep Creek, FL is $214,900.

Deep Creek has some of the best deals in all of Charlotte County. With the high inventory it is easy to find a great deal. Prices are near the level seen prior to the speculative boom and it is a great time to buy. While the median price seems to have risen over the last few months it really reflects the fact that buyers are getting more for their money.

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:

2-2008: 14 homes sold, $140,000 - $335,000. Median price: $179,900

1-2008: 9 homes sold, $141,000 - $252,000. Median price: $180,000

12-2007: 17 homes sold, $135,000 - $232,500. Median price: $188,000

11-2007: 10 homes sold, $170,000 - $320,000. Median price: $200,000

10-2007: 13 homes sold, $154,000 - $315,000. Median price: $192,500

9-2007: 15 homes sold, $148,900 - $285,000. Median price: $215,000

8-2007: 12 homes sold, $164,900 - $319,900. Median price: $215,000

7-2007: 16 homes sold, $155,100 - $245,000. Median price: $185,000

6-2007: 22 homes sold, $140,000 - $400,000. Median price: $210,000

5-2007: 15 homes sold, $150,000 - $455,000. Median price: $214,500

4-2007: 20 homes sold, $144,200 - $285,000. Median price: $227,000

3-2007: 15 homes sold, $145,000 - $330,000. Median price: $208,400

2-2007: 12 homes sold, $160,000 - $225,000. Median price: $218,000

1-2007: 15 homes sold, $190,150 - $360,000. Median price: $223,000

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

Deep Creek Condos

There are currently 109 condos for sale in Deep Creek, FL The lowest asking price is $70,900 and the highest price is $389,900. The median price: $125,900.

Recent sales of Condos in Deep Creek, Florida:

2-2008: 5 condos sold . $$67,500 - $110,000, Median $101,000

1-2008: 1 condos sold . $128,000

12-2007: 0 condos sold

11-2007: 1 condos sold , $106,000

10-2007: 2 condos sold , $114,900 and $135,000

9-2007: 0 condos sold

8-2007: 2 condos sold, $82,800, $124,500

7-2007: 2 condos sold, $129,900 $ $150,000

6-2007: 5 condos sold, $85,000 - $132,500. Median price: $95,000

5-2007: 2 condos sold, $158,965 and $160,000

4-2007: 3 condos sold, $92,000 - $134,000. Median price: $99,000

3-2007: 6 condos sold, $99,000 - $137,800. Median price: $120,000

2-2007: 2 condos sold, $92,000 and $93,000

1-2007: 3 condos sold, $125,000, $160,000, $168,900

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 96 lots for sale in Deep Creek, FL (Smaller than 1/2 acre). The price range is $11,900 - $150,000 with a median price of $44,000.

Recent lands sales in Deep Creek, FL:

2-2008: 1 sold - $24,000

1-2008: 0 sold

12-2007: 0 sold

11-2007: 2 sold - $7,000 & $17,000

10-2007: 3 sold - $15,000, $20,000 & $55,000

9-2007: 2 sold - $50,000 each

8-2007: 1 sold - $41,000

7-2007: 3 sold - Low $16,000 - high $37,000. Median: $16,000

6-2007: 0 sold

5-2007: 3 sold - Low $17.000 - high $40,000. Median: $30,000

4-2007: 3 sold - Low $25,500 - high $45,000. Median: $39,000

3-2007: 4 sold - Low $14,000 - high $19,000. Median: $14,000

2-2007: 1 sold - $30,000

1-2007: 1 sold - $33,000

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:

James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938

Jim Mulligan (941) 456-3034

Questions sales@suncoasteam.com

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.

Port Charlotte Homes For Sale
Port Charlotte Condos For Sale
Port Charlotte Lots For Sale

Port Charlotte, FL – Real Estate Sales Statistics – 2/2008

Posted by Jim Mulligan on March 05th 2008 to Price Trends

Port Charlotte, FL – Real Estate Sales Statistics – 2/2008

Port Charlotte, Florida Real Estate

There are currently 1,495 homes for sale in Port Charlotte, FL. The price range is $42,000 - $6,499,000. The median price is $169,900. (Excluding uninhabitable and mobile homes)

Sales seem to be leveling off and prices are doing the same. A closer at median price show buyers getting more for their money. Buyers are shopping for values and they are certainly finding them in Port Charlotte. Buyers are starting to return to the market and they seem to feel that prices are stabile or at least affordable and not likely to drop much further.

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:

2-2008: 49 homes sold, $44,900 - $480,000. Median price: $124,900.

1-2008: 46 homes sold, $26,000 - $500,000. Median price: $130,000.

12-2007: 58 homes sold, $29,900 - $565,000. Median price: $170,000.

11-2007: 42 homes sold, $73,786 - $340,000. Median price: $164,000.
10-2007: 49 homes sold, $35,000- $423,500. Median price: $154,500.
9-2007: 44 homes sold, $40,000- $287,500. Median price: $120,000.
8-2007: 62 homes sold, $59,360- $500,000. Median price: $150,000.
7-2007: 41 homes sold, $72,500 - $550,000. Median price: $199,000.
6-2007: 70 homes sold, $75,000 - $1,400,000. Median price: $200,000.
5-2007: 67 homes sold, $75,000 - $875,000. Median price: $169,000.
4-2007: 65 homes sold, $75,000 - $900,000. Median price: $165,000.
3-2007: 55 homes sold, $82,000 - $1,985,000. Median price: $195,000.
2-2007: 51 homes sold, $70,000 - $650,000. Median price: $160,000.
1-2007: 44 homes sold, $60,000 - $600,000. Median price: $165,000.
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 264 condos for sale in Port Charlotte, Florida. The price range is $39,900 - $399,000 and a median price of $99,900. The change in median price reflects the sale of condos at the low price of the market. Condo sales in Port Charlotte, Florida remain soft in 2007 and this creates opportunities for buyers. There are truly bargains to be had in Port Charlotte condos.

Sold:

2-20008: 10- $ 36,000 - $255,000 Median price: $67,000
1-20008: 6- $ 54,900 - $119,900. Median price: $99,500

12-2007: 3- $ 67,000 - $100,000. Median price: $98,000
11-2007: 5- $ 45,000 - $104,000. Median price: $83,505
10-2007: 4- $ 83,000 - $183,000. AVERAGE price: $130,000
9-2007: 2- $ 75,000 - $80,000
8-2007: 4- $ 75,000 - $158,000. AVERAGE price: $117,750
7-2007: 4- $ 40,000 - $100,000. AVERAGE price: $75,000
6-2007: 7- $ 50,000 - $170,000. Median price: $87,400
5-2007: 11- $ 70,000 - $220,000. Median price: $114,900
4-2007: 11- $ 55,000 - $175,000. Median price: $114,900
3-2007: 13- $ 55,000 - $150,000. Median price: $95,000
2-2007: 11- $ 50,000 - $172,000. Median price: $125,000.
1-2007: 5- $ 72,000 - $110,000. Median price: $72,500.
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 and through 2007. Lots are slowly beginning to sell again, albeit at much lower prices. Prices have fallen since the speculation boom of 2004 – 2005 and are unlikely to rebound any time soon. Many speculators have been burdened with a large inventory of lots and are selling at reduced prices. There is a very nice opportunity for buyers to find a great deal on a building site for their new home.

There are presently 886 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 $8,950 - $1,400,000 for a waterfront lot with spectacular views of Charlotte Harbor. Median asking price: $35,000. Keep in mind that waterfront lots or extra large lots sell for quite a bit more than a standard, neighborhood dry lot.

There are very good deals available on building lots. If a buyer is interested in a lot for personal use, there are many fine lots available.

Sold:

2-2008: 19 - $5,000 - $108,000. Median price: $12,900
1-2008: 13 - $8,500 - $135,000. Median price: $11,875

12-2007: 4 - $10,500 - $13,000. Median price: $11,000
11-2007: 6 - $10,000 - $13,500. Median price: $11,000
10-2007: 8 - $5,000 - $19,000. Median price: $10,500
9-2007: 8 - $11,000 - $117,900. Median price: $13,000
8-2007: 19 - $9,500 - $220,000. Median price: $24,000
7-2007: 5 - $16,000 - $160,000. Median price: $75,000
6-2007: 10 - $10,400 - $112,000. Median price: $20,000
5-2007: 14 - $14,000 - $175,000. Median price: $16,000
4-2007: 18 - $10,000 - $300,000. Median price: $16,000
3-2007: 13 - $11,000 - $600,000. Median price: $33,500
2-2007: 7 - $14,900 - $87,500. Median price: $29,000.
1-2007: 27 - $18,000 - $43,000. Median price: $20,000.
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.

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 Real Estate For Sale

James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938

Jim Mulligan (941) 456-3034

Questions sales@suncoasteam.com

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 (Rotunda) West, Florida

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Rotonda, Florida – Real Estate Sales Statistics – 2/2008

Posted by Jim Mulligan on March 05th 2008 to Price Trends

Rotonda, Florida – Real Estate Sales Statistics – 2/2008

Rotonda, Florida Real Estate

Prices for homes and land in Rotonda, FL are at the lowest level in years and there are fantastic bargains available. Buyers have returned to take advantage of the bargains. While sales volume is not at the level of two years ago, business is good. Home prices are leveling out while land prices are at rock bottom.

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 less 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 302 homes for sale in Rotonda, Florida. The price range is $92,500 - $799,000. The median price is $279,900.

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

2-2008: 1 homes sold, $120,000- $352,500,. Median price: $240,000.

1-2008: 16 homes sold, $100,000- $367,500, Median price: $187,000.

12-2007: 15 homes sold, $120,000- $536,000. Median price: $230,000.

11-2007: 7 homes sold, $135,000- $420,000. Median price: $215,000.

10-2007: 15 homes sold, $100,000- $320,000. Median price: $211,000.

9-2007: 23 homes sold, $135,000- $420,000. Median price: $248,500.

8-2007: 15 homes sold, $120,000- $450,000. Median price: $230,000.

7-2007: 11 homes sold, $120,000- $329,000. Median price: $232,000.

6-2007: 16 homes sold, $159,000- $460,000. Median price: $235,000.

5-2007: 17 homes sold, $175,000- $465,000. Median price: $300,000.

4-2007: 14 homes sold, $197,500- $400,000. Median price: $255,000.

3-2007: 12 homes sold, $185,000- $375,000. Median price: $255,000.

2-2007: 8 homes sold, $235,000- $385,000. Median price: $250,000.

1-2007: 7 homes sold, $230,000- $470,000. Median price: $329,000.

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

Many condominiums in Rotonda, FL (Rotunda, FL), FL are new construction mixed with resales. The slow market in 2006 has extended to 2007 and there are many exceptional deals awaiting qualified buyers. There are currently 53 condos for sale in Rotonda, Florida. The price range is $79,900 - $265,000 and a median price of $164,900.

SOLD:

2/2008: 0 sold

1/2008: 0 sold

12-2007: sold, $74,124 and $194,000

11-2007: 0 sold

10-2007: 0 sold

9-2007: 0 sold

8-2007: 0 sold

7-2007: 1 sold, $90,000

6-2007: 0 sold, $0

5-2007: 1 sold, $159,900

4-2007: 0 sold

3-2007: 0 sold

2-2007: 0 sold

1-2007: 2 sold, $140,000 and $214,000

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 and this continues into 2008. Prices have fallen due to very high inventory and the need for many owners to liquidate assets. There seems to be very little evidence that the price of vacant land will rebound in the near future. For someone intending to purchase a lot for their personal use, that is to build a home in the near future (within 5 years), this is an excellent time to buy. Rotonda Lakes is an especially attractive community with great lots, beautiful homes and steady development. Rotonda West is also a great place to build a home but lots there are somewhat more expensive. Rotonda West lots are also (in general) a bit larger than Rotonda Lakes lots and much closer to the golf courses. In some cases, one can purchase a Rotonda West building site that is directly on a golf course.

There are presently 724 building lots for sale in Rotonda, Florida. The price range is $11,900 for a lots in Rotonda Meadows and Villas to $280,000 for a ridiculously overpriced parcel in Rotonda West. The median asking price is holding at $55,000. While the median price of sold lots did tick up in November, that stat represents a huge drop in price in the Rotonda West where lots that once sold at over $100,000 are now selling in the 40’s. Since 11/07, the median price has again fallen and the price range of sales has remained steady (with the exception of 1 - $85,000 outlier).

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. Buyers who want a very nice lot on a golf course can now find great prices. They no longer have to settle for poor quality or location.

Sold:

2-2008 – 22 sold, $9,500 – $85,000. Median price: $10,000

1-2008 – 9 sold, $12,500 – $55,000. Median price: $23,000

12-2007 – 11 sold, $8,250 – $55,000. Median price: $16,000

11-2007 – 7 sold, $11,000 – $57,000. Median price: $45,000

10-2007 – 14 sold, $13,000 – $70,000. Median price: $15,000

9-2007 – 6 sold, $15,000 – $76,000. Median price: $25,000

8-2007 – 11 sold, $13,000 – $84,000. Median price: $34,000

7-2007 – 8 sold, $33,500 – $89,000. Median price: $43,000

6-2007 – 15 sold, $17,000 – $61,000. Median price: $17,000

5-2007 – 14 sold, $15,000 – $59000. Median price: $25,000

4-2007 – 25 sold, $17,000 – $95,000. Median price: $25,833

3-2007 – 10 sold, $19,900 – $89,900. Median price: $23,500

2-2007 – 13 sold, $17,000 – $55,000. Median price: $34,900

1-2007 – 21 sold, $20,000 – $122,000. Median price: $44,900

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

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

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) West All Sections:

Condos For Sale In Rotonda (Rotunda) West, Florida

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

James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938

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

Questions sales@suncoasteam.com

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.