The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on May 20, 2016 for closed April 2016 business.

Inventory and Median Sales Prices Continue to Climb

April’s housing statistics show that our current trend is continuing as inventory of available properties rose in both counties.

For single family homes in Sarasota County, inventory is up 8 percent from April last year, and up 14.2 percent in Manatee County from last year.

Condo inventory is also on the rise in Sarasota County, up 25.5 percent from last year, while Manatee County experienced a 19.8 percent increase year-over-year.

The months’ supply of inventory in the…

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