Redfin: Housing inventory accelerates to 3-year high 
While inventory rises 5%, sales retreat 8% In November, housing inventory climbed 5%, marking its fastest growth in the last three years, according to new data from Redfin. 
Last month, U.S. home sale prices rose 3.3% year-over-year, coming in at a median of $298,800. In fact, November was the third consecutive month of annual home price gains below 4%, following a 77-month long streak of annual home price gains surpassing 4%. Redfin Chief Economist Daryl Fairweather said the tide has turned. 
Lets see what's happening in Punta Gorda For Months of Inventory in Punta Gorda Click here. Months of Inventory based on Closed Sales (MOI based on Closed Sales) = the number of properties for sale divided by the number of properties sold. Months of Inventory based on Pended Sales (MOI based on Pended Sales) = the number of properties for sale divided by the number of properties pended. For the median Sold Price in Burnt Store Isles, click here. What Does the Median Sold Price Report Do? The report shows the median price at which an equal number of homes are sold above or below that price. Median price helps identify where the market activity is the strongest. If the property’s listing price is closer to the median price, then there are more potential buyers available for the property. If you are interested in Real Estate Listings in Punta Gorda, Florida, you can do so by clicking here Originally from the bustling city of Mumbai, India, Genevieve Ramachandran relocated to the Burnt Store Isles area of Punta Gorda in 1996, where she specializes in residential properties. Based out of the company’s Punta Gorda office, she welcomes the opportunity to assist both homebuyers and sellers with their needs throughout the region. You can contact her at 941-268-1511 for more information and to see properties. You can read customer reviews of Genevieve's Real Estate Services by clicking here. 
Genevieve Ramachandran, REALTOR® GRI PSA AHWD SRES 941.268.1511 | gennyramachandran@michaelsaunders.com www.PuntaGordaRealty.com Discover Punta Gorda 101 Taylor Street | Punta Gorda, FL 33950 | 941.639.0000 P.S. Leave a Testimonial > Here! Want to know how much your home is worth? Click Here!
While inventory rises 5%, sales retreat 8% In November, housing inventory climbed 5%, marking its fastest growth in the last three years, according to new data from Redfin. 
Last month, U.S. home sale prices rose 3.3% year-over-year, coming in at a median of $298,800. In fact, November was the third consecutive month of annual home price gains below 4%, following a 77-month long streak of annual home price gains surpassing 4%. Redfin Chief Economist Daryl Fairweather said the tide has turned. 
Lets see what's happening in Punta Gorda For Months of Inventory in Punta Gorda Click here. Months of Inventory based on Closed Sales (MOI based on Closed Sales) = the number of properties for sale divided by the number of properties sold. Months of Inventory based on Pended Sales (MOI based on Pended Sales) = the number of properties for sale divided by the number of properties pended. For the median Sold Price in Burnt Store Isles, click here. What Does the Median Sold Price Report Do? The report shows the median price at which an equal number of homes are sold above or below that price. Median price helps identify where the market activity is the strongest. If the property’s listing price is closer to the median price, then there are more potential buyers available for the property. If you are interested in Real Estate Listings in Punta Gorda, Florida, you can do so by clicking here Originally from the bustling city of Mumbai, India, Genevieve Ramachandran relocated to the Burnt Store Isles area of Punta Gorda in 1996, where she specializes in residential properties. Based out of the company’s Punta Gorda office, she welcomes the opportunity to assist both homebuyers and sellers with their needs throughout the region. You can contact her at 941-268-1511 for more information and to see properties. You can read customer reviews of Genevieve's Real Estate Services by clicking here. 
Genevieve Ramachandran, REALTOR® GRI PSA AHWD SRES 941.268.1511 | gennyramachandran@michaelsaunders.com www.PuntaGordaRealty.com Discover Punta Gorda 101 Taylor Street | Punta Gorda, FL 33950 | 941.639.0000 P.S. Leave a Testimonial > Here! Want to know how much your home is worth? Click Here! 
