At a quick glance August numbers are all up including Inventory Active Listings and Months’ Supply of Inventory. August year over year in closed sales was up 1.4% however year to date closed sales are down 4.6%.
When you think of Charlotte Harbor most will immediately focus on the second largest estuary in Florida which is Charlotte Harbor and they would be correct. However, there’s another Charlotte Harbor which is the strip of land on the north side of the Peace River sandwiched between Punta Gorda to the south and Port Charlotte to the north.
July changes are split in most categories. July’s year over year in closed sales was down only 0.6% however year to date closed sales are down 4.6%. Median sale prices in July jumped year over year 10.5% and average sale price was up 7.1%. A tight inventory continues to hold home prices higher, year to date home prices are up 5%.
Recently I took a non-stop flight from Punta Gorda Airport to Portsmouth NH taking 3 hours. Alternative would be to drive to Fort Myers and take connecting flight to Boston and driving another hour to my destination. At 35,000 feet I had a chance to reflect on the benefits of having a real airport just 5 miles from my home.
June changes are split in most categories year over year. Unlike May, June is more in sync with past 6 months trend of decreasing “closed sales” by posting a 3.0% drop year over year.