Like September October numbers are mostly up. October year over year in closed sales were up 9.6% however year to date closed sales remain down by 2.1%. Median sale prices for October moved year over year to up 0.9% and average sale price was up 3.1%.
It’s been a long time coming but we finally have a new condominium complex being built in Punta Gorda Isles. The last condo complex developed in Punta Gorda Isles dates back to the 2005 time frame and indeed it’s been a long wait. Paradise Pointe is well on its way to a mid to late spring 2020 completion.
Like August September numbers are all up. September year over year in closed sales was up 3.6%however year to date closed sales remain down at 3.9%. Median sale prices in September jumped year over year to 9.7% and average sale price was up 2.0%.
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.