Sarasota Real Estate Information - Sarasota Real Estate Reports

Sarasota Real Estate Report: May 2018

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on June 20, 2018 for closed May 2018 business.

Year to Date Home Sales are Strong in Sarasota and Manatee

SARASOTA, Fla. (June 20, 2018) – Sarasota and Manatee County has closed more home sales so far in 2018 than sales in January through May of 2017. Inventory is still tight and median prices continue to rise year-over-year. Overall, this month reports more closed sales and pending sales across the two counties.

How Many Homes and Condos Sold

 The two-county area reported 2,191 total closed sales, a one percent increase from May 2017. In the condo market, Sarasota sales increased by 6.4…

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Sarasota Real Estate Report: April 2018

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on May 24, 2018 for closed April 2018 business.

Home Sales Rise Despite Challenging Inventory

SARASOTA, Fla. (May 24, 2018) – In April 2018, Sarasota and Manatee housing inventory levels dropped again, with pressure from rising median sales prices. Overall, April showed an increase in sales across the two counties, as well as an increase in new listings.



April reported 2,014 total sales which is a 3.3 percent increase from last year. Sarasota condo sales increased by 17.8 percent and Manatee condo sales increased by 2.5 percent. As for single family homes, Manatee sales increased by 5.8 percent,…

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Sarasota Real Estate Report: March 2018

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on April 23, 2018 for closed March 2018 business.

Closed and Pending Sales Increase in Residential Market

SARASOTA, Fla. (April 23, 2018) – As of March 2018, the two-county area has closed on 5,015 properties so far this year, an increase from this time last year. Inventory levels dropped this month and median prices continue to rise. This month also showed an increase in pending sales, indicating more closed sales on the horizon.

Closed Sales

Overall, closed sales for single-family homes and condos in the two-county area increased by 2.3 percent from this time last year. The condo market…

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Sarasota Real Estate Report: February 2018

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on March 21, 2018 for closed February 2018 business.

Sarasota-Manatee Home Sales Increase in February

Home sales in Sarasota and Manatee County increased for the second consecutive month in 2018. The two-county area reports another month of tight inventory, pressuring median prices to rise again.

Closed Sales

Combined closed sales in the two-county area increased by 8.8 percent from February 2017. Manatee County single-family home sales increased by 8.6 percent to 441. Sarasota County showed a 9.8 percent increase to 569 closed sales. Sarasota condo sales jumped by 14.1 percent to 315, while…

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Sarasota Real Estate Report: January 2018

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 24, 2018 for closed December 2017 business.

Home Sales Up with More Expected to Close This Season

Sarasota-Manatee home sales and prices increased again in January 2018. Inventory tightens, but a rise in pending sales and new listings indicate the upcoming season of sales. 



Closed Sales

Combined closed sales in the two-county area increased by 13 percent from this time last year.  Single-family home sales in Manatee County rose by 12.7 percent to 399. Sarasota County showed a 9.5 percent increase to 519 closed sales. Sarasota condo sales jumped by 31.5 percent to 326, while Manatee condo sales…

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Sarasota Real Estate Report: December 2017

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 24, 2017 for closed December 2017 business.

2017 Market Closes with More Sales and Rising Prices in December

A strong market continues in the Sarasota and Manatee area, as indicated by December 2017 statistics. Compared to December 2016, combined numbers show an increase in closed sales, median sales price and pending sales.

Closed Sales

Overall, closed sales in December showed an increase from December of 2016. Closed sales for single family homes in Manatee County increased by 4.1 percent to 511, Sarasota County increased by 3.6 percent to 639. Sarasota condo sales increased by 9.7 percent…

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Sarasota Real Estate Report: October 2017

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on November 21, 2017 for closed October 2017 business.

Sarasota and Manatee Market Back to Pre-Storm Pace

SARASOTA, Fla. (November 21, 2017) – October proves to be a month of recovery from Irma’s impact on the Sarasota and Manatee real estate market. As the market bounces back, sellers prepare for the season, bringing more new listings and pending sales in October 2017.

CLOSED SALES
Closed sales for single family homes increased by 2.7 percent in the two counties from October of 2016, while condo sales decreased by 10.4 percent from this time last year. According to Chief Economist Lawrence Yun, National…

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Sarasota Real Estate Report: September 2017

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on October 20, 2017 for closed September 2017 business.

Hurricane Irma Stalls Sales in Sarasota and Manatee

SARASOTA, Fla. (October 20, 2017) – The Sarasota and Manatee area was mostly unscathed from Hurricane Irma, but real estate sales were hit the hardest.  With office closures, re-inspections and tight scheduling for new appraisals, September 2017 reports a decrease in closed sales, pending sales and new listings.  

Compared to this time last year, combined closed sales for the two-county area decreased by 16.8 percent. September’s decline in sales isn’t an effect of the current housing supply and…

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Sarasota Real Estate Market Report: July 2017

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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Sarasota Real Estate Market Report: June 2017

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on July 24, 2017 for closed June 2017 business.

Market Continues to Fluctuate

Market statistics for June 2017 show an increase in inventory, median sales prices and the median time to contract. Compiled each month from My Florida Regional Multiple Listing Service, the data also indicates an increase in pending sales and a decrease in closed sales, as compared to last year, for the combined two county area.

Single family home sales are down by 0.4 percent, while condos made a slight increase of 1.5 percent, mostly in Sarasota. Pending sales can be a good indicator of future closed sales. Pending sales…

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