{"id":239380,"date":"2026-04-20T20:11:09","date_gmt":"2026-04-20T20:11:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/239380\/"},"modified":"2026-04-20T20:11:09","modified_gmt":"2026-04-20T20:11:09","slug":"charlotte-county-market-shifts-with-rising-home-sales-data-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/239380\/","title":{"rendered":"Charlotte County market shifts with rising home sales data | Real Estate"},"content":{"rendered":"

Sales of single-family homes in Charlotte County increased in March while inventory declined, signaling a shift away from a buyer\u2019s market, according to a monthly update from Brian Helgemo of the Helgemo Team at Compass.\u00a0<\/p>\n

\u201cAll three pricing indicators \u2014 median sold, average sold, and average price per square foot \u2014 are appreciating 6-month trends, and the absorption rate based on closed sales jumped 64.4% year over year to 19.9%. The market is clearly tightening,\u201d Helgemo wrote.\u00a0<\/p>\n

Data from Realtors of Punta Gorda-Port Charlotte-North Port-DeSoto Inc. show 587 single-family homes sold in March, up from 434 in February. Prices also rose, with the median sale price increasing to $355,000 from $350,000 and the average sale price climbing to $441,635 from $431,561.\u00a0<\/p>\n

\"Brian<\/p>\n

\"\"<\/p>\n

Brian Helgemo<\/p>\n

Compass Real Estate<\/p>\n

Inventory levels moved in the opposite direction. Active listings fell to 3,010 homes in March, down from 3,083 in February and 26.9% lower than a year earlier. As a result, the months\u2019 supply of inventory dropped to 6.4 months from 6.7 months in February, a 34.7% year-over-year decline.\u00a0<\/p>\n

Closed sales were up 22.8% compared with March 2025, helping push the market toward more balanced conditions. Helgemo said the county\u2019s housing market is now \u201csquarely in neutral territory.\u201d\u00a0<\/p>\n

A balanced market typically has about five to six months of supply. When inventory rises above six to seven months, conditions generally favor buyers due to excess supply.\u00a0<\/p>\n

Spring is traditionally a busy homebuying season, particularly for families seeking to relocate before the start of the school year, Realtors said.\u00a0<\/p>\n

The condo and townhouse market also showed gains in March, though it remains weaker than the single-family segment.\u00a0<\/p>\n

There were 135 closed condo and townhouse sales in March, up from 128 in February. The median price rose to $268,000 from $242,500, while the average price increased to $284,401 from $253,615.\u00a0<\/p>\n

Inventory in the condo and townhouse segment tightened, as well, with a nine-month supply, down from 9.4 months in February and 36.6% lower than a year earlier.\u00a0<\/p>\n

Despite those improvements, condos and townhomes continue to lag single-family homes, as higher homeowners association fees and rising insurance costs, driven in part by storm damage from hurricanes Ian, Helene and Milton, weigh on buyer demand.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Sales of single-family homes in Charlotte County increased in March while inventory declined, signaling a shift away from…\n","protected":false},"author":2,"featured_media":204371,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[209,211,210,853,10692,11437,8704,17567],"class_list":["post-239380","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news","tag-charlotte-county","tag-home-sales","tag-housing-inventory","tag-median-price","tag-real-estate-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/239380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=239380"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/239380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/204371"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=239380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=239380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=239380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}