Punta Gorda is fortunate that many neighborhoods have sidewalks offering a safe way to enjoy a walk but actually lack a destination. Downtown Punta Gorda, Historic District and northeastern Punta Gorda Isles including Fishermen’s Village offer numerous places to walk to with many interesting places to enjoy.
Subtle changes continue a trend pointing to a weakening housing market year over year. April is going against a 6 months trend of decreasing “closed sales” by posting a 3.9% improvement year over year. In my opinion this will prove to be an aberration. Median and average sale prices also continue to increase year over year at 5.7% and 5.4%.
When viewing waterfront real estate listings, you’ll sometimes notice a reference to sailboat water. Typically, this means there’s no bridges or no other overhead obstructions to open water. This is important information if you have a sailboat or large yacht. While this seems straight forward it still can be tricky in areas such as Punta Gorda Isles.
I’m often asked which waterfront community is the best, Punta Gorda Isles or Burnt Store Isles. On every level they’re both premier waterfront neighborhoods that offer a lot of value not found anywhere else and are especially liked by boaters. Perhaps a better question I ask my clients is “which of these waterfront communities fits you best?”. After spending a day with me looking at property and discussing the features and unique aspects of each neighborhood in detail most of my buyer clients are able to make a well-informed decision on which one will suit them best.
February market indicators continue to point to a slowing market. This is a pattern that start over the past 6 months ago. Prices currently is one area bucking the trend. Prices are up 7% year over year.