Archive for October, 2015

Punta Gorda Real Estate Market Update: An In-Depth Look at Inventory Levels

Thursday, October 8th, 2015

by Luke Andreae

The past 18 months has seen a significant increase in the number of real estate transactions within the

PGI/BSI subdivisions. In a nutshell – the buyers are back. The increased demand has put pressure on inventory levels. Even as sellers continue to decide to sell their homes for a myriad of reasons, the inventory of Homes For Sale has continued to drop. Below are cumulative totals of existing homes for sale.

PGI/BSI Total # of Homes For Sale:

December 2004 – 69

Buyers are back. It's easy to see why they're coming to Punta Gorda.

Buyers are back. It’s easy to see why they’re coming to Punta Gorda.

December 2005 – 303

December 2006 – 339

December 2007 – 324

December 2008 – 282

December 2009 – 231

December 2010 – 275

December 2011 – 285

December 2012 – 225

December 2013 – 237

December 2014 – 185

October 2015 – 123

 

“Season” usually starts in late October / early November. Inventory of homes for sale going into this season will be the lowest since 2004.

For a look at all the Homes For Sale on a map, check out our Maps page.

 

Burnt Store Isles Then and Now: A Look Back at BSI’s Beginnings

Tuesday, October 6th, 2015

by Adrienne Andreae

You didn’t grow up in Burnt Store Isles. Even if you own a home there now, you came from elsewhere.

How do I know? First, because when I tell people I grew up here, they invariably say, “What? We never meet anyone who is from here.” In fact, the Andreaes have dominated Burnt Store Isles for over 30 years. And I don’t mean just in sales (although that’s true, too.) In 1981, we lived in the fifth house built in BSI. My maternal grandmother lived down the street.

Second, when you see what Burnt Store Isles looked like back then, you will see that there was a time when I knew everyone in the neighborhood.

This is what Burnt Store Isles looked like in the 1980s.

Click on the pictures below to enlarge.

Burnt Store Isles 1983

Burnt Store Isles 1983–The intersection of US41 and Monaco is in the foreground.

The Andreaes had already lived in Burnt Store Isles for two years when that picture above was taken. You can see a real difference in the neighborhood around 1990.

Burnt Store Isles 1990

Burnt Store Isles 1990–Again, US41 is the two lane highway. You cans see the intersection of Tripoli and Monaco on the right hand side.

Burnt Store Isles 2004

Burnt Store Isles 2004– The Wal-Mart (now the Muscle Car Museum) is now in the picture on the right.

 

Burnt Store Isles 2014

Burnt Store Isles 2014–The corner of Madrid and Tripoli leading up to Monaco.