The Tale of Two Markets – Buyers And Sellers

By Genevieve Ramachandran | December 10, 2018
Tags: Affordable, arts, beaches, boating, estuary, Flying, parks, performing arts, Punta Gorda, Retirement, safe harbor, sailboat, Sailing, waterfront, wildlife
Would you like to know the months of Inventory in Punta Gorda? Click here.

  1. Months of Inventory based on Closed Sales
    = the number of properties for sale,  divided by the number of properties sold.
  2. Months of Inventory based on Pended Sales (contracts signed)
    = the number of properties for sale,  divided by the number of properties under contract.

 

 

For the median Sold Price in Burnt Store Isles, click here.

 

For a No Obligation Home Valuation Click Here.

The Tale of Two Markets [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.