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Punta Gorda, FL
Home price forecast (1 year):* -4.0%
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Population:
(2006)
154,438
Median family income:
(2008)
$52,600
Median home price:
(2009)
$145,000
Affordability index:
(Median home price/family income 2009)
2.8
Prices peaked in: 2006:Q1
Total climb during the boom:
(2000 to peak)
168.3%
Total decline so far:
(Peak through 2009)
-57.2%
One-year change:
(Q4 2008 to Q4 2009)
-13.3%
Additional price change to bottom: -9.2%
When they'll hit bottom: 2010:Q4
*(Q1 2010 - Q1 2011)
† Data is for Punta Gorda, FL Metropolitan Statistical Area
Notes:
Median home prices are for single-family homes through the third quarter of 2009, the most recent data available, and include sales of bank-owned properties.
Sources: Fiserv and Moody's Economy.com
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