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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on December 21, 2016 for closed November 2016 business.

Healthy Market Ready for Seasonal Sales

Total closed sales are up by 8.7 percent from November 2015 for single family homes and condos in Sarasota and Manatee counties. Single family homes showed the most improvement from last year, with a 10.5 percent increase in the two-county area, while condos also increased by 4.5 percent.

INVENTORY INCREASES

Inventory also showed improvement from November of 2015, with a combined 12.6 percent increase in the two-county area. Single family home inventory in Sarasota increased by 10 percent, while Manatee…

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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on November 22, 2016 for closed October 2016 business.

Market Preparing for Season

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.

INVENTORY INCREASES
Year over year, single family home inventory in Sarasota increased by 15.7 percent, while Manatee experienced an 11.3 percent increase. Sarasota condo inventory increased by 35.8 percent and Manatee County increased by 11.4 percent.

“We saw more properties listed in October, especially…

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