Inventory and Median Sales Prices "Home prices are rising, and we are seeing homeowners who were previously on the fence entering the market. In fact, we have recently seen a 34.6 percent increase in inventory for listings between $250,000 and $600,000 compared to last May," said Linda Formella, RASM President.  "With the significant [...]

Sarasota Home Prices - Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy. If the right thing for you and your family is to [...]

April's housing statistics show that our current trend is continuing as inventory of available properties rose in both counties. For single family homes in Sarasota County, inventory is up 8 percent from April last year, and up 14.2 percent in Manatee County from last year. Condo inventory is also on the rise in Sarasota County, up 25.5 [...]

Inventory of available properties is on the rise in both counties. For single family homes in Sarasota County, inventory is up 5.6 percent from March last year, and up 5.0 percent in Manatee County. Condo inventory is likewise up in both counties, with Sarasota County up 22.1 percent, while Manatee County saw an increase of 21.5 percent [...]

Southwest Florida Home sales tumbled again in Southwest Florida last month, but prices continued to climb. For the fourth time in five months, sales of existing single-family homes and condominiums declined over the year in Sarasota, Manatee and Charlotte counties, according to data released Monday by the Florida Realtors trade group. Real [...]

Home Prices Continue to Rise - Sarasota Real Estate Market Report The end of 2015 witnessed record-breaking sales for both Sarasota and Manatee counties. January sales reflected the expected seasonal dip as a result of reduced buying activity during the holidays, even as median prices continued to rise. "Our slice of paradise is catching [...]

Record Sales in 2015 Similar to the statewide data reported by Florida Realtors®, both Sarasota and Manatee counties wrapped up 2015 with more closed sales, fewer days on market, tightening inventory and higher median prices compared to the year before. "Throughout 2015, our monthly reports pointed to a record-breaking year. The numbers [...]

Sales Strong in September

Property sales in Sarasota and Manatee counties were somewhat slower in September 2015, but the drop off from August was expected after an unprecedented six month run of record-setting closings. In addition, the start of fall 2015 looks a lot like the same time last year, but with one major exception. [...]

CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported: “For much of the [...]