values up 10 percent
interest rates have done little to stifle home values
during the first 5 months of this year. The median sales
price (half sold for more; half for less) for Charlotte
County, single-family homes rose from $200,000 to
$220,000 compared to the same 5 months in 2017. That’s
an impressive 10% gain.
number of sales increased from 1,926 homes in 2017 to
1,990 in 2018 for a gain of 3%.
real estate statistics are usually reported on a
month-to-month basis, this creates some wild variations
in smaller counties like Charlotte. For example, the
median sales price comparing April 2018 to April 2017
rose 17%. But the following month, May 2018, the median
sales price rose just 5% compared to May 2017.
doesn’t really make sense that in April 2018 home values
rose 17% over the past 12 months. But just 1 month
later, they were only up 5% during the past 12 months.
That’s a good example of the wild variations we get when
using a collection of data too small to produce reliable
course, the solution is to use bigger data sets such as
the 5-month period used above. Stock market analysts use
a similar approach called “rolling averages” or “moving
averages”. For instance, each day they may look at the
average price during the most recent 200 days (the
200-day rolling average). The gold standard of real
estate statistics, the Case-Shiller Index, uses a
3-month moving average.
How to Avoid Potholes
Brett reprints this every 5 years as our heavy rains
launch the pothole season).
read the letter-to-the-editor from the lady who ran into
a pothole? As she attested, running into a pothole can
cost nearly as much as a minor fender bender. So, let’s
come up with a strategy for avoiding the pitfalls of
probably noticed there has been a recent surge of
potholes. According to Alan Holbach, Charlotte County’s
public works director, potholes are directly correlated
to the age of a road and the amount of rain that falls
avoid potholes by driving around them. One problem with
this strategy is that this is not always an option. If
there is a car in front of you, you may not see the hole
until it is too late. The same applies if it is
nightfall. Or if rainwater has filled the pothole.
addressed this subject in my 09/05/05 column. I
recounted how I became frustrated that the county
sometimes took months to fill a pothole. That could
easily add up to hundreds of tire alignments for
unfortunate drivers. Worse, they could be lethal for
motorcyclists. So, one day I called the public works
department to complain.
cut me short. She asked me for the location and told me
she would dispatch a repair crew. Two days later, every
pothole I had reported was fixed.
assumed the county hires workers to drive the streets
searching for potholes. That wasn’t my brightest moment.
That came when I programmed the number for reporting
potholes into my cell phone.
that day, I have called in over 100 potholes and
received the same great service every time. And it’s
quite nice to think about the hundreds, maybe thousands
of drivers, that I may have saved from tire alignments.
best way to avoid potholes is to report them. In
Charlotte County, call (941) 575-3600, then press 1. The
best way to avoid potholes is to make them go away. And
you’ll be doing us all a favor.
Question: Thank you for your recent article on
replacing the yellowed panels on overhead,
kitchen-fluorescent-lighting. My home was built in the
early nineties and I have the same problem. However,
after much searching I cannot find anything similar on
the net. How can I find these panels? Thanks.
Answer: I got mine the Englewood Home Depot store. They
have a large assortment of panels in various sizes.
* * *
Brett Slattery is broker/owner of Brett Slattery Realty
llc in Charlotte County. Brett responds to all questions
and column suggestions, including those not printed due
to space limitations. Reach him via (941) 468-1430,