Photo…Punta Gorda, Fla., train station via Flickr/M. Keefe
Zillow Home Value Index $117,800*
Year-over-year change in ZHVI (%) 3.5%*
Punta Gorda #7 of Top 10 rising real estate markets in May as featured in Inman News®
May’s top 10 rising real estate markets
Recovery front-runner Phoenix and surging Denver are featured in Inman News’ analysis of Zillow Zestimates for markets on the come in May.
However, some hard-hit metros are seeing a sustained recovery in home values, including Phoenix and three Florida markets: Fort Myers (No. 2), Miami (No. 3) and Punta Gorda (No. 7). Fort Myers and Miami-Fort Lauderdale, Fla., saw 6.7 percent and 5.2 percent year-over-year home value increases, respectively, in May.
*Editorial note: This information was taken from an Inman News report. The list is based on home value estimates, called Zestimates, from property search and valuation portal Zillow. The Zillow Home Value Index for a metro is the median Zestimate value in that area.