Suncoasteam Blog

North Port Florida Real Estate Sales Stats

SINGLE FAMILY HOMES

North Port, Florida Single Family Home Sales, last 30 days: 106, Average sale price $100,910, 97.2% of list price.

47.2% of all Single Family Home sales in the past 30 days were standard, Private Sales owner to buyer sales (50). Average sale price, $122,358, 95.3% of list price.

28.3% of sales were Foreclosures (30), Average sale price, $77,448, 102.2% of list price.

24.5% of sales were Short Sale properties (26), Average sale price, $90,812, 97.5% of list price.

For an up to the minute stats report, click North Port Single Family Home Sales during the past 30 days.

CONDOS

North Port, Florida Condo Sales, last 30 days: 5, Average sale price $101,200, 91.7% of list price.

60% of all Condo sales in the past 30 days were standard, Private Sales owner to buyer sales (3). Average sale price, $101,333, 95.3% of list price.

40% of sales were Foreclosures (2), Average sale price, $101,000, 86.8% of list price.

0% of sales were Short Sale properties (0), Average sale price, $na, na% of list price.

For an up to the minute stats report, click North Port Condominium Sales during the past 30 days.

LOTS AND VACANT LAND

Statistics for lots and land are more difficult to quantify. Factors like the availability of water and sewer, dry lot or waterfront and the neighborhood all have significant impact on price.

North Port, Florida Vacant land and Lots Sales, last 30 days: 19, Average sale price $6,151, 63% of list price.

68.4% of all land sales in the past 30 days were standard, Private Sales owner to buyer sales (13). Average sale price, $7,427, 60% of list price. Median price, $4,000 (half sold for more, half sold for less

26.3% of sales were Foreclosures (5), Average sale price, $3,205, 88.5% of list price. Median sale price was $2,775.

5.2% of sales were Short Sale properties (1), Average sale price, $NA, NA% of list price. It sold for $4,300

For an up to the minute stats report, click North Port Lots and Land Sales during the past 30 days.

Create your own reports for sales in North Port or Southwest Florida. Go to Sales Statistics for Southwest Florida Real Estate.

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5009 Kenvil Drive
North Port, Florida
4 Bedrooms / 2 Baths

Website: http://www.suncoasteam.com/rental/285.html

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Beautiful and spacious. A must see!

2258 Lakeshore Cir. Port Charlotte, FL 33952

2 Bed / 2 Bath / 1 Car Garage Website: http://www.suncoasteam.com/rental/285.html

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3 Bed/2 Bath, $650.00/month

21480 Holdern Ave.

For more information and pictures, visit http://www.suncoasteam.com/rental/281.html

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Port Charlotte Florida Real Estate Sales Statistics, August 25, 2011

SINGLE FAMILY HOMES

Port Charlotte, Florida Single Family Home Sales, last 30 days (until August 25, 2011): 114 sold, Average sale price $108,046, 92.4% of list price.

Click here for updated Port Charlotte, Florida Single Family Homes Sales Statistics for the past 30 days

57.8% of all Single Family Home sales in the past 30 days were standard, Private Sales owner to buyer sales (66). Average sale price, $137.734, 92.5% of list price.

23.7% of sales were Foreclosures (27), Average sale price, $60,384, 90.6% of list price.

18.5% of sales were Short Sale properties (21), Average sale price, $76,019, 94.2% of list price.

CONDOS

Port Charlotte, Florida Condo Sales, last 30 days: 9, Average sale price $72,721, 89.3% of list price.

Click here for updated Port Charlotte, Florida Condominium Sales Statistics for the past 30 days

88.9% of all Condo sales in the past 30 days were standard, Private Sales owner to buyer sales (8). Average sale price, $78,561, 89.1% of list price.

11.1% of sales were Foreclosures (1), Average sale price, $26,000, 93.2% of list price.

0% of sales were Short Sale properties (0), Average sale price, $0, 0% of list price.

LOTS AND VACANT LAND

The numbers for vacant land is too volatile and the average price would be meaningless due to differences in size, location, utilities and waterfront. Therefore, we suggest that you conduct a search that is specific to your lot. Below is a report for all lots but be sure to look at all sales and separate out lots that are different.

Click here for updated Port Charlotte, Florida Lots and Land Sales Statistics for the past 30 days

Create your own reports for sales in Port Charlotte or Southwest Florida. Go to http://www.searchsuncoast.com/recently-sold.html Sales Statistics for Southwest Florida Real Estate.

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James Mulligan, Suncoasteam Realty, is the area’s certified Movoto Real Estate broker, serving Charlotte and Sarasota Counties and the communities of Port Charlotte, Punta Gorda, Rotonda, Englewood, Gulf Cove, South Gulf Cove, Placida, Boca Grande, North Port, Venice and Sarasota.

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Rotonda Florida Real Estate Sales Statistics September 9, 2011

SINGLE FAMILY HOMES

Rotonda, Florida Single Family Home Sales, last 30 days: 18, Average sale price $193,486, 92.3% of list price.

77.7% of all Single Family Home sales in the past 30 days were standard, Private Sales owner to buyer sales (14). Average sale price, $204,679, 91.5% of list price.

11.1% of sales were Foreclosures (2), Average sale price, $105,125, 97.7% of list price.

11.1% of sales were Short Sale properties (2), Average sale price, $203,500, 98.1% of list price.

For up to the minute stats on single family home sales in Rotonda, Florida, Click here.

CONDOS

Rotonda Florida Condo Sales, last 30 days: 3, Average sale price $61,033, 92.2% of list price.

33.3% of all Condo sales in the past 30 days were standard, Private Sales owner to buyer sales (1). Average sale price, $33,000, 94.3% of list price.

33.3% of sales were Foreclosures (1), Average sale price, $70,100, 112.2% of list price.

33.3% of sales were Short Sale properties (1), Average sale price, $80,000, 89.9% of list price.

For up to the minute stats on Condominium sales in Rotonda, Florida, Click here.

LOTS AND VACANT LAND

Rotonda, Florida Vacant land and Lots Sales, last 30 days: 13, Average sale price $13,096, 90.0% of list price.

Land sales are quite variable in size, location and other features. One should look closely at the stats and examine individual lots to compare the same. In the last 30 days, the price range was $4,500 – $40,000 (a double lot in Long Meadow, really $20k each) with a median price of $11,500.

For up to the minute stats on Vacant land and lots sales in Rotonda, Florida, Click here.

Create your own reports for sales in Rotonda or other parts of Southwest Florida. Go to http://www.searchsuncoast.com/recently-sold.html Sales Statistics for Southwest Florida Real Estate.

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According to Forbes Magazine, cities throughout Florida and especially in Southwest Florida, are showing steady increase in home prices. After experiencing rapid increase in real estate prices through the first half of the 2000 decade, home prices in most parts of the US fell dramatically. Florida made headlines as one of the areas experiencing the greatest increase then decline. Now it appears, the area is seeing a stabilization and returning to more sustainable appreciation rates.

Home prices in the Punta Gorda market showed an increase in median sale price of 1.9% in the second quarter of 2011. In Fort Myers the increase was 3.8% and in Sarasota the increase was a surprising 6.7%. In normal times, an appreciation rate of 1% – 3% can be expected.

While the real estate market still has quite a way to go to recover, this is encouraging news. No reasonable person would expect 2006 prices anytime soon, but the continued removal of problem properties will certainly have a strengthening effect on prices and stabilization. Southwest Florida should remain a “buyer’s market” throughout the next year, but those who think they can wait for prices to fall even more should reassess their plans. Likewise, those who think they can make a “low-ball offer” are often losing out to others with more reasonable expectations.

The best approach one can take is to first decide where they will be happy living (or investing). Once that decision is made, take your time, look at a number of homes in your budget and slightly above. You should look at homes slightly above your budget to be sure that you are not missing a great deal and to see what that figure will buy. You will quickly spot the nicest homes and best deals. Pick the best two or three and make an offer on your first choice. If it is a reasonable offer you’ll have no trouble sealing a deal.
Forbes Magazine list of “America’s Recession-Resistant Cities For Real Estate.” http://www.forbes.com/pictures/mhj45eled/recession-resistant-cities

Facts

PRICE INCREASES

Forbes/Zillow measure of home, condominium and apartment appreciation in Florida cities (the number associated with a city is its rank nationwide):

Number 2, Fort Myers, Median home price: $126,100, Second quarter increaseL 3.8%
Number 7 Sarasota, Median home price: $143,000, Second quarter increase: 6.7%
Number 24, Punta Gorda, Median home price: $116,600, Second quarter increase: 1.9%

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