Archive for the ‘Punta Gorda Isles’ Category

Top Questions Answered: When Is the Best Time to Buy Real Estate in Punta Gorda?

Wednesday, August 15th, 2018

Summer or winter? It’s hard to say in Punta Gorda.

By: Adrienne Andreae

As a buyer’s agent at the Andreae Group, I field this question almost daily. Is it better to buy in the summer or winter in Punta Gorda?

Before I can answer that question, I’d like to dispel the common myth that nobody buys Florida real estate in the summer.

In fact, I have had years where my August sales rivaled my March numbers. Home lookers tend to be more serious in the summer than in the winter. The difference is there are fewer home lookers in the summer. A listing is more likely to rack up it’s days on the market in the summer. Many sellers take this as a sign to wait until January to put their homes on the market. They fear their home will spend all those days on the market will make their home look less desirable in the winter. They’d rather see a steadier stream of showings than the slow drip of summer. Maybe they’re going up north for the winter and would rather button it up than cater to the few showings.

(On a side note, my slowest months tend to be in the fall when people are more in holiday mode than homebuying mode.)

What That Means for You, the Buyer

In summer, you will see fewer houses on the market, but you will also compete with fewer buyers. The seller who puts their house on the market in the summer might need to sell slightly more than the seller who takes theirs off the market. While our current market doesn’t allow for the ‘deals’ of 2011, the summer buyer has a little more pull than the winter buyer.

On the flip side, the winter buyer has more options. I have an email system that will send buyers listings as soon as they hit the market*. In the summer, I get calls asking if it’s broken. It’s not. Depending on how narrow a buyer’s criteria, they could go a week without getting an email from us.

I hate to answer a question with a question, but what would you prefer fewer competitors or fewer homes? If you are really picky and don’t want to change much, you might do better in the winter. But if you’re more flexible you might do great in the summer. Either way, if you’re thinking of buying a home in Punta Gorda, it’s never to early to start watching the market.


*If you would like emails updating you as properties hit the MLS, please email us at In my experience, the MLS portal is the most accurate way for a buyer to watch the market. All the others, Zillow, Realtor, etc. farm their information off this MLS system. It’s free and there is no obligation–as in, after we set you up on automated system, we will never bother you again unless you contact us.

How’s the Market So Far in 2018?

Thursday, July 26th, 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.

How Does Punta Gorda Keep the Canal System Looking So Gorgeous?

Wednesday, October 15th, 2014

ponce inlet croppedby

When you buy a waterfront home in PGI or BSI, it’s likely to be the first time you’ve lived on a canal. While it’s exciting to have this gorgeous waterway in your backyard, it’s normal to have questions about how the Punta Gorda canal system is maintained.

Recently, we learned of plans to start dredging the Ponce de Leon inlet. I used the news to strike up a conversation with Gary Disher, Punta Gorda’s Canal Maintenance Supervisor.

Disher was nice enough to explain everything new homeowners need to know about canal maintenance and the work happening on the Ponce de Leon Inlet.

How long have you been working with our canal system?

Disher: I started out as a contractor. It’s been about 3-4 years now that I’ve been working with them at some level.

Can you tell me a little more about the canal maintenance program?

Disher: It covers anything with the seawalls, depressions behind the seawalls. We do mangrove trimming, all of the aids to navigation, and the dredging program through the navigable portion of the waterways.

What do new residents, who maybe have never lived on a canal, need to know about maintaining their seawall and canal?

Disher: The best thing is that if anything happens to their wall they can get in contact with our Public Works department and they’ll be put in contact with me or the work order will go up front. Pretty much anything that goes on with their seawall we take care of. That’s a huge benefit to a homeowner.

I understand you’re dredging the Ponce De Leon inlet. Why is the dredging necessary?

Disher: We have an ongoing dredging maintenance program. We’ve got several inlets Bass, Pompano, Ponce, and the Burnt Store subdivision and other locations within the Punta Gorda canal system.

As the tides flow through, it carries sediment. Sediment settles and eventually the bottom builds up. A yearly thing we do is go out and do maintenance dredging to make sure our home owners can get in and out with their boats to the permitted canal cross sections for depth and width. We want to make sure whoever buys a home has access to the waterways.

You dredge every year or on a rotation?

Disher: It’s on an as needed basis. I was notified of one yesterday. A resident in Burnt Store Isles bumped bottom in a certain location. They’re going to give me some GPS coordinates. Then I’ll get the contractor out there with the dredge and make sure they remove that high spot.

With the Ponce inlet, it’s been quite awhile. I’m not sure how many years it’s been since we’ve done a full re-profile dredge. We’ve gone out and hit the high spots here and there. Now I want to go ahead and go through the headpins 1 and 2 all the way into the perimeter channel and make sure the entire channel is at its designated cross section.

If you didn’t dredge, what would happen to our canal system?

Disher: It would start limiting boat access, especially the larger sailboats would not be able to get out from the canal system and if they were bringing a boat in, they wouldn’t be able to get in.

If we don’t keep that maintained, I’ll get the call–especially in the winter low tides. Even when it’s dredged, we have some rather large sailboats in the area and if they don’t stay in the middle of the channel, they can find the bottom and I get the call. We’re just being proactive. We don’t have many issues now, but I want to make sure we’re ready for the winter season with all the residents coming back in.

When will dredging in the inlet begin?

Disher: We had a pre-kickoff meeting yesterday. We discussed are staging and how we’re going to route stuff. We verified the depths.

From the boat ramp out to the headpins or 1 and 2 markers, the dredge is to 8 feet deep. From the boat ramp in—inside the inlet from the mangrove line/shoreline to where the seawall starts at the perimeter channel–that’s permitted to  6 feet deep below low mean.

And you think this will take you to the beginning of the year?

Disher: That was our estimation. A good three months of digging possibly.

What do boaters need to know about passing through the inlet during this time?
Disher: They should keep doing what they’re doing.

We’re not going to be blocking the entire channel. They may have a delay if there is other boats passing. We talked about how to set up turbidity screens to allow boaters to still get through and get out.

We just want boaters to use caution. Just be aware of the workers and the dredge. We don’t want anyone getting hurt out there.

To sum up–Gary and his team are on it! You can move here and not know the first thing about canal maintenance. In fact, you can live here for thirty years and still not know anything about canal maintenance. You just need to know the number to Public Works: 941-575-5050.





The Andreae Group’s 2013 Best of Punta Gorda List

Thursday, December 26th, 2013

This year has been eventful in Punta Gorda. Our small town was recognized in national contests, added transportation routes, and saw real estate boom, all while residents celebrated the good life.

Let us take a look back at some of the highlights:

Punta Gorda Received National Attention

For years, Punta Gorda has repeatedly shown up on “Best of” lists. This year was no exception. RealtyTrac placed Punta Gorda on its 15 Retirement Spots for Investing. Punta Gorda was a finalist in the Rand McNally Best of the Road competition, and our town is currently the cover story for Where to Retire magazine. If you have never visited Punta Gorda and wonder why it receives such accolades, watch the video below for a glimpse of why we win time and time again.

Real Estate Buyers Came to Punta Gorda

PGI/BSI real estate annual pending contracts

PGI/BSI real estate annual pending contracts

As the graph shows (click to enlarge), the real estate market started looking like 2004 boom times in 2012. Buyers kept coming throughout 2013.  Back in August, we showed you this chart comparing the first 6 months of the last three years. The chart below reveals home prices rising in the beginning of 2013 while sales stayed strong.


Allegiant Air Added Heaps of Direct Flights To and Fro

Allegiant Air announced in July it would add 8 more cities to its list of direct flights in and out of Punta Gorda. Here is the current list of direct destinations out of Punta Gorda:

  • Allentown, PA
  • Asheville, NCallegiant air
  • Bangor, ME
  • Branson, MO
  • Cedar Rapids, IA
  • Cincinnati, OH
  • Columbus, OH
  • Des Moines, IA
  • Fort Wayne, IN
  • Greenville, SC
  • Knoxville, TN
  • Lexington, KY
  • Moline, IL
  • Niagara Falls, NY
  • Peoria, IL
  • Plattsburgh, NY
  • Portsmouth, NH
  • Rockford, IL
  • Ronkonkoma, NY
  • South Bend, IN
  • Springfield, IL
  • Toledo, OH
  • Youngstown, OH

Punta Gorda Pathways Drew a Cycling Ring Around the City

While traveling to and from Punta Gorda got a lot easier this year, so did two-wheeled touring around town. The Pathways system connected every corner of Punta Gorda with bike paths. Signs went up all over town notifying motorists and cyclers of the cycling paths. Click here for a map.

The Foot Landing Got the Town Running

The Foot Landing running store hosted free Wednesday night run/walks. The runs often drew in crowds of up to 100 people. The 2-3 mile runs ended at the Celtic Ray’s front door where athletes refueled with beer and pub grub. Check out the The Foot Landing’s event calendar for their current running schedule.

Punta Gorda Celebrated the Holidays with Tradition and Enthusiasm

The Fourth of July started with the Freedom Swim and festivities in Laishley park.  And came to a close with a firework show put on by world champion firework purveyors, Garden State Fireworks.

Halloween downtown attracted folks from all over southwest Florida, as the neighborhood filled the streets with over-the-top decorations and buckets of candy. The week leading up to halloween, the harbor was haunted and the grown-ups got to party at the boo ball.

Thanksgiving started out with Turkey Trot. As many of our residents are part-time, many of our local restaurants and clubs served Thanksgiving dinner for those who had retired their aprons.

Finally, December brought lighted-boat parades, Santa at Fishermen’s village, the Christmas parade, and Mistletoe ball.

If you feel like you missed out on any of these holiday events, don’t worry, Punta Gorda residents like to celebrate. You are welcome to be apart of our traditions in 2014.

Do you have a 2013 ‘best of’ list? What made your list?

It’s Beginning To Look A Lot Like ‘Season’

Wednesday, October 7th, 2009

Get ready for more listings on the market.  As sure as the sun comes up in the east and sets in the west, the Charlotte County real estate market sees an upward spike in listing inventory every October and November.  It is already starting in Punta Gorda Isles and Burnt Store Isles.  This “spike” has nothing to do with current market conditions.  It occurred in 2003, 2005, 2006, 2007, 2008 and it is already starting this year.  If you notice, I left out 2004 because it did not occur that year due to Hurricane Charley.

I believe that the reason that this happens every year is threefold. 

The first reason is that the snowbirds start to come back to the area in October and November.  Many of these snowbirds were on the market in the spring but did not want to leave the house on the market while they were up north or leave it on the market with the hurricane shutters in place.  There are also a number of them that have decided to sell due to health, financial or personal reasons. 

The second reason that we see a spike in inventory is that many sellers believe that the prime selling season is about to start so they want to have their property on the market at the beginning of that “prime” season.  History has shown that similar amounts of properties go into Pending in the summer as in the winter but that is not the perception so many wait until the late autumn to put their house on the market.

The third reason is simply that September is typically the weakest month for sales in Charlotte County.  With September typically being the slowest month, less homes leave the market due to sales. 

The combination of returning snowbirds, the perception that the “season” starts in November and September’s usual slow sales has resulted in an inventory spike in October/November every year that we can remember (aside from 2004).  It has already started this year as well.

Visit our website for more information about the Punta Gorda area or Punta Gorda real estate.

Punta Gorda Market Update-September 2009

Wednesday, September 2nd, 2009

Sometimes it truly does depend on how you look at the situation to decide if it is good or bad.  The Punta Gorda Isles/Burnt Store Isles (PGI/BSI) real estate market has good news, bad news and some that I am not quite sure is which. 

Transactions in Punta Gorda Isles and Burnt Store Isles are definitely up.  There are simply more buyers buying properties which is good for any market.  Whether the buyers are back due to pent-up demand, lower prices, more confidence in the economy, or lack of any real hurricane threats is anyone’s opinion. 

An example of the up tick in transactions certainly can be seen in Burnt Store Isles.  In 2008, there were 24 single family residential homes sold.  Through September 1 of 2009, there were 24 single family residential homes sold with 6 currently in Pending.   With 6 in Pending and 4 more selling months, there will certainly be more homes sold in Burnt Store Isles this year than last.

However, this up tick in transactions has not resulted in appreciation.  I believe that this is due to the still very high amount of properties for sale (inventory).  In August 2008, the average sale price in PGI/BSI was $414,856.  In February 2009, the average sale price was $379,765.  In August 2009, the average sale price was $359,780. 

Good news – more sales due to more buyers
Bad news – prices still dropping due to very high inventory

For more information about the Punta Gorda Real Estate market, visit our website. You can view new listings by neighborhood, see all available properties organized by neighborhood, search all properties available in Charlotte County or even view Just Sold reports for many area neighborhoods.

Unofficial End of ‘Season’ for Punta Gorda Real Estate?

Sunday, April 12th, 2009

Easter weekend, for many people, marks the unofficial end of ‘season’ for many snow-birds and soon-to-be snowbirds. However, our stats show that the ‘season’ doesn’t directly correlate to any real estate seasonality that may occur. Historically, as many homes sell during the summer as they do during the winter months. Late August and September tend to be our slowest months with an uptick seen in October.

Punta Gorda Isles Christmas Boat Parade

Saturday, December 20th, 2008
Typical Lighted Boat

Typical Lighted Boat

Well, it’s that time of year again. Our palm trees are adorned with Christmas lights, festive cheer is everywhere and the annual Punta Gorda Isles Christmas boat parade will be making its way along the perimeter canal turning around in the Key Largo basin and heading back out again.

For those of you Northerners who may be unfamiliar with a Christmas boat parade, it is a parade of boats decorated to the nines with Christmas lights that travel through the neighborhood canals bringing good cheer to homeowners along the canals. Landside, many homeowners host holiday parties on the night of the boat parade so that their guests can enjoy this annual event as well. 

This is just one of several boat parades throughout the area. There is also a much larger parade that crosses Charlotte Harbor from Port Charlotte to Punta Gorda.

Learn more about Christmas in Florida or Punta Gorda, Florida at our website. Find your Punta Gorda Waterfront dream home on our website and you, too could watch the boat parade from your lanai.