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        Sarasota Home Prices

        Sarasota Sales and Prices Increase in January

        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. 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 [...]

        Housing Market Gains Ground – Local Prices Rise

        The nation’s residential real estate market continued its year-long rise in home prices in September, reaching the fastest annual rate since June 2014. The statistics in the S&P Case-Shiller U.S. National Home Price Index, released Tuesday, show a 6.2 percent annual gain, compared with 5.8 percent in August. [...]

        Sarasota and Manatee Market Back to Pre-Storm Pace

        October proves to be a month of recovery from Irma’s impact on the Sarasota and Manatee market. As the market bounces back, sellers prepare for the season, bringing more new listings and pending sales in October 2017. Closed sales for single family homes increased by 2.7 percent in the two counties from October of 2016, while condo sales [...]

        Hurricane Irma Stalls Real Estate Sales in Sarasota and Manatee

        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 [...]

        Sarasota Area Real Estate Market Continues to Show Increases in August

        Increases Abound Compared to August 2016, the latest market report shows an increase in closed sales, median prices, and inventory for single family homes, while condos in the two-county area reported an increase in closed sales and pending sales. The August 2017 data was compiled from My Florida Regional Multiple Listing Service by Florida [...]

        Local Home Prices Fail to Keep Pace with State, Nation

        Local home prices in the Sarasota-Manatee region again failed to keep pace with state and national increases. Single-family home prices rose 4.1 percent in July over the year in the two-county area, data provider CoreLogic reported Tuesday. That was less than the Florida increase of 6.2 percent and the U.S. gain of 6.7 percent. Prices [...]

        Low Supply and High Demand Drive Median Prices Up

        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.   [...]

        Sarasota Real Estate Continues Increase in Median Sales Prices

        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 [...]

        Local Home Prices Rise 6.3% May 2017

        Local home prices rose 6.3 percent in May in Sarasota-Manatee, a rate that was slightly slower than in the state and nation. Charlotte County, however, topped them all by posting a 7.9 percent jump in home prices compared with May 2016, real estate researcher CoreLogic reported Wednesday. Florida posted the nation’s 10th-highest rate of [...]

        Real Estate Report – New Listings in Response to Rising Prices

        Sarasota and Manatee County showed an increase in new listings, median sales prices, inventory and closed sales, according to data compiled by Florida Realtors® from My Florida Regional MLS. Combined closed sales in Sarasota County increased by 10.1 percent from May of 2016, while Manatee County experienced an increase of 1 percent from [...]
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