Southwest Florida housing market still seeing a home price correction—how much lower will prices drop?

Metro area home prices in Punta Gorda and North Port are down 25.3% and 17.4% respectively since their July 2022 peak. During that same time, U.S. home prices rose 1.9%. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.