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Posts Tagged ‘Punta Gorda Waterfront Property’
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Monday, March 23rd, 2020Punta Gorda Market Update-September 2009
Wednesday, September 2nd, 2009Sometimes 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.
Interactive Fountains at Laishley Park
Monday, June 22nd, 2009This truly unique area at Laishley Park is for the kid in all of us. Recently I took my daughters here to have a one-of-a-kind water experience. It mixes all the fun of a backayard sprinkler with the beauty of the Bellagio’s famed fountains. The interactive fountains have seating for parents, a neighboring play area and offer lots of fun for kids of all ages.
Redfish Festival and Fishing Competition
Monday, May 4th, 2009Punta Gorda recently saw the kick off of the seventh annual Redfish Cup. The Redfish Cup coincides with our city’s Redfish Festival and Punta Gorda has the distinction of being the only permanent stop for the circuit. Ask any of the anglers and they’ll tell you that the Punta Gorda/Port Charlotte area knows how to treat its boaters. There are celebrations, kids events and even dog jumping contests that all happen around the actual fishing tournament providing lots of excitement and entertainment for locals and visiting fishermen alike. Read more about the 2009 Redfish Cup event in Punta Gorda or the 2008 Redfish Cup event to learn more about the festival.