Punta Gorda, FL - Local Housing Data - Summary

Change location:

Region

State

City

Punta Gorda, FL

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Punta Gorda, FL Local News

New Home Prices Climb in Punta Gorda According to Recent Figures, Sales Decline

Posted on: Aug 08, 2014 11:44:10 AM

The Punta Gorda, FL market saw a drop in new home closings year-over-year in May, and the decline was by a larger percentage than the April 2014. New home closings moved from 28 a year earlier to 8 after the figure moved from 33 in April 2013 to 21 in April 2014.

A total of 245 new homes were sold during the 12 months that ended in May, down from 265 for the year that ended in April.

On a percentage basis, new home closings as a part of total closings decreased to 1.1% from 3.4% a year earlier. For new and existing homes, closings slid in May after also declining in April year-over-year.

Pricing and Mortgage Trends

The average price of new homes was $190,650, an increase from $159,996 a year earlier. This was on the heels of a 1.7% fall in April from a year earlier.

The average mortgage size moved to $90,000, down from last year's $104,191. Average mortgage size sank 14.3% in April 2014 from a year earlier.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.