The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on August 24, 2016 for closed July 2016 business.
Hesitant Sellers Leave Buyers with Fewer Choices
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 prices rose 7.9 percent from 2015 to $205,000 in Sarasota and 21.9 percent to $185,250 in Manatee.
“While we continue to see a climb in median sales prices in both counties, I believe we will see this trend
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