Sarasota Real Estate Market Report: July 2017
Posted by Sara Leicht - SaraSellsSarasota.com on
The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on August 24, 2017 for closed July 2017 business.
Low Supply and High Demand Drive Median Prices Up
SARASOTA, Fla. (August 24, 2017) – The latest data, compiled from My Florida Regional Multiple Listing Service, continues to fluctuate in July of 2017 in the two county area. Closed sales increased in Sarasota County by 5.8 percent, compared to July 2016. However, sales in
Manatee County were 8.9 percent lower than July last year.
Median prices continue to rise in response to the low inventory of properties for sale and the decreasing number of foreclosed and short sales. Lawrence Yun, chief economist of…
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