BUYING AND SELLING LAND IN NORTH PORT FLORIDA

Most of North Port’s land transactions involve small Lots up to 1/2 an acre. North Port has an equal number of undeveloped Lots as it has developed Lots. Most Lots are zoned for single family development. Large acreage is available for high and low density residential and commercial development.

If you're searching for Lots, acreage, or any type of property for personal or commercial use, call Scott for on-and-off-market options. If you're selling, we will show you how to avoid lingering in a crowded market. Easy conversation. Call today.

Scott:  941-882-5494 Ext 701

• NORTH PORT FLORIDA NEIGHBORHOODS
• HOW MANY LOTS ARE FOR SALE IN NORTH PORT
• SELLING 1/4 TO 1/2 ACRE LOTS IN NORTH PORT
• LISTING YOUR NORTH PORT LOTS WITH AGENTS
• NORTH PORT LOT DEMAND
• EXPIRED NORTH PORT LOTS
• TRACKING LOCAL REAL ESTATE MARKETS
• MORE NORTH PORT LOTS LISTED
• WHERE WE WORK
• DEVELOPERS BUY SIDE
• HOME BUYING SOLUTIONS

NORTH PORT FLORIDA NEIGHBORHOODS

There are 71 neighborhoods in North Port to choose from. Whatever type of community you want to live in, North Port has it: gated and ungated, equestrian with acreage, waterfront (canals), waterfront (Myakka River), access to the Gulf, and lifestyle communities that will match any preference that you have.

Englewood, Punta Gorda, Port Charlotte, the Barrier Islands, Arcadia, and other cities in this area have their own charactaristics, some similar and some completely different. Whatever type of community you want, we know where to find it! If you are looking to buy, sell, or have questions, call Scott (local and statewide expert) for useful solutions:
 941-882-5494 Ext 701

North Port is 104 square miles. That places North Port as the 5th largest city in Florida by land mass.

HOW MANY LOTS ARE FOR SALE IN NORTH PORT?

There are 1,702 Lots for sale in North Port as of 10/21/2023. Essentially, it's a minor change of 0.93% since 06/2023. The quantity of Lots for sale will fluctuate.

Lots linger on the market primarily due to limited marketing efforts and list price assumptions that are frequently wrong.

Unfortunately for many property owners, as it pertains to Lots in North Port, the MLS by itself does not effectively attract buyer attention in a crowded market. Roughly 1,000 Lots have been on the market for over 6 months. That's either a price or marketing issue.

SELLING 1/4 TO 1/2 ACRE LOTS IN NORTH PORT:

North Port is a crowded market of Active for-sale-Lots. Entering your Lot in the MLS is only one part of the marketing mix that is required for your Lot to get noticed by potential buyers. If you’re going to list your Lot, your agent should have a budget for marketing that reaches beyond a simple MLS listing.

LISTING YOUR NORTH PORT LOTS WITH REAL ESTATE AGENTS:

If your North Port Lot is up to 1/2 an acre, the commission is too small for most real estate agents to spend their time and money marketing your Lot.

Many agents think they are doing you a favor by putting your Lot in the MLS. Generally, the only marketing most agents do for Lots will be the MLS listing with map pictures from the internet.

There are agents who will correctly market your Lot. We are one of those agencies that will put our time and money into marketing your properties (House, Acreage, Lots, Residential or Commercial). If you're ready to sell, call Scott for full service marketing info:  941-882-5494 Ext 701

ABSORPTION RATE AND DEMAND RATIOS FOR NORTH PORT LOTS:

How the Absorption Rate for North Port Lots has changed:

SHORT TERM DEMAND RATIOS IN NORTH PORT:

• As of 10-21-2023, the short term Demand Ratio is 84
• A ratio outcome higher than 100 is strong demand / urgency.
• Under 50 is weak
• 84 shows a mildly active / medium demand market



Basically, buyers do not feel like they are missing out if they don't make a fast decision. However, serious people are not delaying their buying decisions.

If your only marketing method is listing your Lot in the MLS, you may end out unsold for a long time. 1,702 Lots for sale is a crowded market. You will typically need more than a simple MLS listing to attract potential buyers. You will need marketing efforts that go beyond an MLS listing.

If you price your Lot based on data and have good marketing, your Lot will sell much faster than the Absorption Rate. A good percentage of Lots are not correctly priced (in our opinion).

TRACKING LOCAL REAL ESTATE MARKETS:

We track the Absorption Rate and Demand Ratios (short, mid and long term strength) which allows us to correctly predict how houses, acreage and Lots will move in any market as well as accurately pinpointing price. We regularly run demand ratios for numerous markets which includes North Port but is not limited to North Port.

EXPIRED NORTH PORT LOTS (FAILED TO SELL)

Good marketing + setting your price based on data will produce a successful sale of your Lot / acreage / residential or commercial property.

MORE NORTH PORT LOTS LISTED:

If the volume of listed Lots continues to increase, it is going to take longer to sell your Lot tomorrow than it would have a few months ago. Like all real estate sales, understanding how your property fits in the market compared to other Active listings is key to positioning your property to sell faster.

DEVELOPERS

We work with developers locating acreage. Even on the developer level of land acquisition, many properties are not priced correctly. Although there is more involved due to construction costs on a larger scale, demographics, market rate for price per unit after development etc., it's just as important to understand the data on the buy side as it is on the sell side.

Scott:
Phone: 941-882-5494 Ext 701
Phone: 813-325-1005 Ext 701

WHERE WE WORK:

Throughout Florida! Sarasota, Charlotte, DeSoto, Hillsborough, Pinellas counties. Parts of Lee, Pasco and Manatee counties, North Port, Englewood, Barrier Islands, Punta Gorda, Arcadia, Valrico, Brandon, Lithia, Fishhawk and wherever our clients call us from. We also do personalized referral services throughout Florida which includes our opinion of your listing or purchase price pre-referral so that you have our opinion in additional to the broker who accepts our referral.

We periodically evaluate Lot packages from 10 to 100+ Lots. We also evaluate single Lots, acreage, home values and commercial properties throughout Florida for buyers and sellers. Whatever your needs, call us!

Scott:
Phone: 941-882-5494 Ext 701
Phone: 813-325-1005 Ext 701

We have seen Lots bought and sold by people who don't understand the characteristics that go into the price of the Lot. Excluding selling and buying motives, the price points on the buy and sell side are often higher or lower than what a knowledgable person would agree to. (It's the same for selling or buying acreage or a house but harder to evaluate unless you price properties on a regular basis.)

Each Lot should be looked at individually. Higher priced sold Lots have either preferred charactaristics or some other circumstance. If you overprice your Lot, the chances are your Lot will remain unsold for a long time.

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For any type of property, knowing the true data for the area you're interested in can be the difference between a buyer paying the right price, or a seller sitting unsold for endless months vs getting it sold fast. (We can help - Call Scott)

HOME BUYING AND SELLING SOLUTIONS

As a buyer, there are approaches in addition to basic searches that can give you an edge.

As a seller, you need to understand how your property (house, Lots, acreage etc.) fits in the market along with what's really going on in your area so that you can maximize your return.

If you want to learn tactics that help you buy or sell to improve your price, call Scott to discuss how we can help you.
Phone: 941-882-5494 Ext 701

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SUGGESTED READING:

• HOW TO COMPARE NORTH PORT FLORIDA LOT PRICES
• SCRUB-JAY LOTS SELLING AND BUYING
• CAN YOU CALL IT A BEDROOM?
• ABSORPTION RATE: THE MISSING
  LINK TO PRICING RIGHT!
• 8 Simple Steps to help your house sell