The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on April 23, 2018 for closed March 2018 business.

Closed and Pending Sales Increase in Residential Market

SARASOTA, Fla. (April 23, 2018) – As of March 2018, the two-county area has closed on 5,015 properties so far this year, an increase from this time last year. Inventory levels dropped this month and median prices continue to rise. This month also showed an increase in pending sales, indicating more closed sales on the horizon.

Closed Sales

Overall, closed sales for single-family homes and condos in the two-county area increased by 2.3 percent from this time last year. The condo market…

741 Views, 0 Comments

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on March 21, 2018 for closed February 2018 business.

Sarasota-Manatee Home Sales Increase in February

Home sales in Sarasota and Manatee County increased for the second consecutive month in 2018. The two-county area reports another month of tight inventory, pressuring median prices to rise again.

Longboat Key Homes and Condos for Sale

Closed Sales

Combined closed sales in the two-county area increased by 8.8 percent from February 2017. Manatee County single-family home sales increased by 8.6 percent to 441. Sarasota County showed a 9.8 percent increase to 569 closed sales. Sarasota condo sales jumped by 14.1 percent to 315, while…

732 Views, 0 Comments