Sarasota Real Estate Reports

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 22, 2020 for closed December 2019 business.

Year-Over-Year Home Sales Rise Amid Shrinking Inventory

SARASOTA, Fla. (January 22, 2020) – The residential housing market in Sarasota and Manatee counties showed more activity in December of 2019 than the same month in 2018 with a 49.2 percent increase in the total volume of sales.

According to monthly reports from Florida REALTORS®, the number of closed sales increased year-over-year, along with cash sales, median prices and new listings.

How Many Homes and Condos Sold

Sarasota and Manatee county REALTORS® participated in 1,983

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on December 19, 2019 for closed November 2019 business.

Single-Family Home Sales Gain Momentum in November

SARASOTA, FL. (December 19, 2019)  – In November 2019, REALTORS® in Sarasota and Manatee counties participated in 1,655 total residential sales, 4.1 percent more than the same time last year. According to monthly reports from Florida REALTORS®, inventory in the two county area declined year-over-year and the number of pending sales increased as buyers rush to close before the New Year.

How Many Houses and Condos Sold?

Manatee County single-family home sales increased by 10.9 percent to 550

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on November 21, 2019 for closed October 2019 business.

Sarasota-Manatee Home Sales Rise in October

SARASOTA, FL. (November 21, 2019)  – In October 2019, Sarasota and Manatee residential sales totaled 1,768 units, up by 12.8 percent from October of last year. According to monthly reports from Florida REALTORS®, the combined inventory across both markets decreased for the fourth consecutive month.

In Manatee, single-family sales increased by 5 percent to 522 sales. Sarasota condo sales by 17.5 percent increase to 315 sales while Manatee condo sales decreased by 0.5 percent to 204 sales in October 2019.

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on October 22, 2019 for closed September 2019 business.

September Sales Hit Highest Year-Over-Year Gains this Year

SARASOTA, FL. (October 22, 2019)  – In September 2019, closed sales increased in the two counties with single-family homes showing the best year-over-year gains this year. According to monthly reports from Florida REALTORS®, inventory decreased across the two-county area this month while prices continue to increase.

Sales Increase

The combined number of properties sold in Sarasota and Manatee counties increased by 17.1 percent from September 2018 to September 2019.

In Sarasota

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on July 23, 2019 for closed June 2019 business.

Median Prices Rise Again in Sarasota and Manatee County

SARASOTA, FL. (July 23, 2019)  – The Sarasota and Manatee housing market favors the seller with a decrease in existing home sales in June 2019. Inventory is steady among the two counties as median prices continue to increase year-over-year. Pending sales and new listings showed a decrease in June 2019, according to monthly reports from Florida REALTORS®.

In June, there were a total of 2,032 closed sales in the two-county market, a 3.1 percent decrease from this time last year. In Sarasota

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on June 21, 2019 for closed May 2019 business.

Sarasota and Manatee Home Sales Increase in May 2019

SARASOTA, Fla. (June 21, 2019) – In May 2019, total home sales in Sarasota and Manatee counties increased by 11.2 percent from the same month last year. Combined inventory and median prices also increased year-over-year, according to monthly reports from Florida REALTORS®.

How Many Homes and Condos Sold Last Month?

In Manatee County, single-family home sales increased by 13.3 percent to 726 and Sarasota single-family homes increased by 17 percent to 959. Manatee condo sales increased by 6.1

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on May 21, 2019 for closed April 2019 business.

More Options for Home Buyers

SARASOTA, Fla. (May 21, 2019) – The April 2019 housing report shows a rise in inventory and median sales prices, with properties spending more time on the market. Year-over-year, closed sales and new pending sales decreased.

In Manatee County, single-family home sales increased by 3.9 percent to 633, while Sarasota single-family homes decreased by 2.6 percent to 793 in Sarasota. Manatee condo sales decreased by 0.7 percent to 265 and Sarasota condo sales decreased by 8.3 percent to 444.

Inventory of Homes

Inventory

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on April 22, 2019 for closed March 2019 business.

Single Family Home Sales Rise in March 2019

SARASOTA, Fla. (April 22, 2019) – In March of 2019, inventory continues to rise in the Sarasota and Manatee housing market. As for sales, single-family homes increased, while condo sales decreased. The two counties differ in prices with a median price increase in Manatee County and a decrease in Sarasota County.

Following the same trend as February’s report, closed sales increased for single-family homes but decreased for condos in March.

Single-family sales increased by 8.4 percent to 629 in Manatee

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on February 21, 2019 for closed January 2019 business.

More Options for Buyers as Housing Market Finds Balance

SARASOTA, Fla. (February 21, 2019) – Closed sales in Sarasota and Manatee County fall short at the start of 2019. Median prices continue to rise and a jump in inventory and new listings point to a more balanced market.

Combined, closed sales in the two-county area decreased by 17.2 percent from January 2018.

Single-family home sales in Manatee County decreased by 16 percent, while Sarasota decreased by 11.4 percent.

Condo sales in Manatee decreased by 6.9 percent and Sarasota sales

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 Manatee