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      Sarasota Home Prices

      Market Remains Stable Heading into Season

      Compared to last year, the Sarasota and Manatee County market statistics report more closed sales, inventory and a general rise in median prices in October 2018. Year-over-year, combined closed sales in the two-county area increased by 8 percent. The condo market improved with a 27.3 percent increase in Manatee County and a 10.3 percent [...]

      Steady Market Growth in Sarasota

      Steady Market Growth When Hurricane Irma made its path toward Sarasota and Manatee County in September 2017, sales stalled in both counties due to limited business days surrounding the storm. After last year’s irregular report, this September showed significant improvement in new listings, pending sales and overall closed sales.   [...]

      Local Home Prices Lag State and Nation

      Home prices in the Sarasota-Manatee county region rose 4.0 percent over the year in August, trailing state and national gains. Home prices, including distressed sales, increased 5.8 percent in Florida and 5.5 percent across the U.S. during the 12-month period ended in August, CoreLogic said. Single-family home prices in the two counties [...]

      Condo Market Shows Strength in Sarasota and Manatee Markets

      July inventory falls short, but sales continue to climb year-over-year. The condo real estate market is strong with more pending sales and new listings this month.

      “In a traditionally slower month, sales growth indicates a robust market for July 2018,” said Greg Owens, 2018 President of the REALTOR® Association of Sarasota and [...]

      Sarasota and Manatee Home Sales Rise Again in June

      The Sarasota and Manatee real estate market stays on trend with increasing home sales, rising median prices and low inventory in June 2018.

      "We’ve consistently seen low inventory levels and rising prices over the last few months,” said Greg Owens, 2018 President of the REALTOR® Association of Sarasota and Manatee. “But, sales continue [...]

      Florida Home Prices Lag U.S. Gains

      Florida home prices rose 5.6 percent in May, falling short of the U.S. average. But state prices are projected to jump 7.2 percent over the next 12 months, outpacing the rest of nation, data provider CoreLogic said Tuesday. Home prices, including distressed sales, increased at a 7.1 percent clip nationwide in the past year. However, U.S. [...]

      Sarasota Home Sales Remain Strong – May 2018

      Homes Sales Report for May 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. The two-county area reported [...]

      Closed and Pending Sales Increase in Residential Market – Sarasota Real Estate

      Closed Sales 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. Overall, closed sales for [...]

      Tight Inventory – Median Prices Rise Again in Sarasota-Manatee Market

      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. Combined closed sales in the two-county area increased by 8.8 percent from February 2017. Manatee County single-family home sales increased by [...]
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