06/12/2026
What's happening in the local SWFL real estate market?
May 2026 statistics are in for Punta Gorda, Port Charlotte & North Port...
~Sale Price
-Single Family Homes (SFH) prices increased +7% to last year, and +1% to last month. *This is the third consecutive month where the average price of a SFH increased to the previous year since the mid-2024. Prices are flat to LY year to date.
-Condos/Villas prices were up +9% to last year, and +4% to last month—year to date condo prices are down -4% to last year.
~Homes Sold
-Single Family Homes (SFH): The number of homes sold was up +4% to last year and +6% to last month.
-Condos/Villas: The number of condos/villas sold was up +30% to last year, while down -4% to last month.
*Mortgage rates fluctuating in May with rates down to 6.36% helped drive sales.
~Active Listings:
-Single Family Homes (SFH): The number of active listings are down -27% to last year and -5% to last month. Months of Inventory is also down to 5 months of inventory vs last year's 7 mos - moving away from a buyer's market toward a balanced market.
-Condos/Villas: The number of active listings are down -28% to last year and -4% to last month. Months of Inventory has decreased to 6 mos vs last year's 11 mos - heading away from a buyer's market toward a balanced market.
*Less inventory creates a more balanced market, which is good for sellers and buyers. 5-7 mos of inventory correlates with stable prices, reasonable negotiation room, and balanced supply/demand.
