Market Preparing for Season

SARASOTA, Fla. (November 22, 2016) – The inventory of properties for sale in the two-county area is up by 17.5 percent from last year, and also shows an increase of 3.1 percent from last month, reversing the downward trend that started earlier this year. Year over year, single family home inventory in Sarasota increased by [...]

Sales and Prices Up, Inventory Remains Tight

SARASOTA, Fla. (October 20, 2016) – Total closed sales in September in the two-county area are up 2.6 percent over September of last year, with single family sales up 3.8 percent, and condo sales down just under 1 percent. Single family home sales in Manatee County posted a 13.8 percent increase, while condo sales in [...]

Fewer Distressed Sales Indicate a Healthier Market

SARASOTA, Fla. (September 22, 2016) – Sales of distressed properties in the two-county area continued to decline in August, down 53.9 percent from the same month last year. Distressed sales in August comprised only 5.8 percent of total sales compared to 12.8 percent last August. Closed sales of single family homes and condos combined are [...]

Hesitant Sellers Leave Buyers with Fewer Choices

SARASOTA, Fla. (August 24, 2016) – Median sale prices for condos and single family homes continue to increase in both Sarasota and Manatee County. Sarasota County single family homes are up 10.5 percent from 2015 to $242,500, while Manatee County experienced an 11.7 percent jump from 2015 to $279,250. Year over year, condo median sales [...]

Median Prices Continue to Rise

SARASOTA, Fla. (July 21, 2016) – Median sale prices are on the rise for condos and single family homes in both counties. Single family median sales prices are up 7.8 percent in Sarasota County to $248,000, while Manatee County experienced a 12.4 percent jump to $285,000. The Sarasota County condo median sale price rose 4.3 [...]

Inventory and Median Sales Price Remain High

Inventory and Median Sales Price Remain High SARASOTA, Fla. (June 22, 2016) – The housing data for May reveals that inventory numbers are rising along with the mercury for the Sarasota and Manatee two-county area, likely the result of sellers taking advantage of rising prices.  For single family homes in Sarasota County, inventory is up [...]

Go to Top