The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on April 21, 2020 for closed March 2020 business.
Residential Sales Rise While Market Slowdown Begins in March
SARASOTA, Fla. (April 21, 2020) – The March housing market transitioned from a soaring spring season to a slowdown in activity when COVID-19 concerns began to rise mid-month. Most pending sales from the previous month became closed sales in March with an 8.3 percent rise in closed sales for both markets in Sarasota and Manatee. Fewer properties were added to the market in March, which was expected during the coronavirus pandemic.
“March started strong with a lot of activity, as indicated by…
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