The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 22, 2019 for closed December 2018 business.
2018 Ends with More Inventory and Slowing Price Gains
SARASOTA, Fla. (January 22, 2019) – After a strong year of sales, Sarasota and Manatee housing market falls short in December. Compared to December 2017, this month showed a decrease in overall closed sales, pending sales, and median prices. However, inventory increased across the two-county area. Year-to-date, 2018 shows an increase in sales when compared to 2017 year-to-date numbers.
Combined, closed sales in the two-county area decreased by 14.4 percent. Single-family homes in…
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