How’s the Market So Far in 2018?

Available now. Brand new home on the golf course. Call our office for more info. 941-833-4217

Available now. Brand new home on the golf course. Call our office for more info. 941-833-4217

The first half of the year was quite busy in regards to real estate sales in 2018. In the waterfront subdivisions of Punta Gorda Isles and Burnt Store Isles, there were 222 homes closed (sold). That is a great number in comparison to some other years. During the same periods in 2010, 2012, 2016, the number of homes sold were:

2010 – 122
2012 – 170
2014 – 174
2016 – 171

222 homes sold compared to 120-170’s is a big jump. That means more buyers are coming to our area and buying. During that same 6 month period, the average sold prices of homes in PGI/BSI also increased from $467,802 to $497,111. That represents a 5.9% increase in average sold price in a just a 6 month period.

Currently, there are 145 homes for sale in the two communities.

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