Sarasota Real Estate Information - June, 2016

Sarasota Real Estate Market Report: May 2016

Posted by Sara Leicht - SaraSellsSarasota.com on June 24th, 2016

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

Inventory and Median Sales Price Remain High

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 15.3 percent from May last year, and up 20.2 percent in Manatee County. Condo inventory is also on the rise in Sarasota County, up 33 percent, while Manatee County experienced a 17.4 percent increase year-overyear. 

DISTRESSED PROPERTY SALES DECLINE
The…

1752 Views, 0 Comments