$6,401 Closing Credit*
$539,000
1,729 SqFt
3 Beds
•2 Full Baths
Tim Wittmann, Listing Office: COLDWELL BANKER REALTY
Is Charlotte County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Charlotte County was a Neutral Market.
Key Takeaway
Charlotte County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Charlotte County, FL
How much do homes in Charlotte County, FL cost?
Median Sold Price
$349,563
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,419(-2.9%)
Key Takeaway
Homes in Charlotte County have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Charlotte County was $349,563 in November 2024, down 2.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $139.9K | +2.2% |
| 2 Bedrooms | $258.4K | $250K | -3.3% |
| 3 Bedrooms | $399.8K | $382.8K | -4.3% |
| 4 Bedrooms | $398.7K | $397K | -0.4% |
| 5+ Bedrooms | $557.5K | $599K | +7.4% |
Summary: Charlotte County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Counties
| DeSoto County | $241K | $275K | +14.1% |
| Lee County | $392.4K | $389.9K | -0.6% |
| Sarasota County | $450.1K | $445.6K | -1.0% |
| Charlotte County | $359.9K | $349.5K | -2.9% |
Housing Supply in Charlotte County, FL
How many homes are available in Charlotte County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4,389 | 4,889 | +11.4% |
Summary: The Charlotte County real estate market had 4,889 homes for sale in November 2024, a 11.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 60 | 63 | +5.0% |
| 2 Bedrooms | 1,060 | 1,217 | +14.8% |
| 3 Bedrooms | 2,375 | 2,684 | +13.0% |
| 4 Bedrooms | 813 | 831 | +2.2% |
| 5+ Bedrooms | 81 | 94 | +16.0% |
Summary: The Charlotte County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 434 | 340 | -21.7% |
Asking Price vs. Sold Price
244 Homes Were Sold
Under Asking
71 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte County, you may be able to get a good deal. 71.8% of homes here sold below asking price last month.
Summary: A total of 340 homes were sold or pending in Charlotte County in November 2024, down by 21.7% month-over-month. Of the 340 sold homes, 72% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Charlotte County, FL
How long does it take to sell a home in Charlotte County, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 90 Days | +50.2% |
Summary: Homes in Charlotte County had an average of 90 days on market in Nov 2024, up by 50.2% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
95 Homes Were Sold
In 30 - 90 Days
128 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Charlotte County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 340 homes were sold in Charlotte County; 34% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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