After the Storm, Realtors say no downturn in Sarasota-Manatee market

Hurricane Irma hasn’t blown the roof off the Sarasota-Manatee real estate market. The historic tropical cyclone, once a Category 5 monster and a violent Category 4 upon its first landfall in Florida, did leave a trail of destruction across the state. Just not on home [...]

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.   [...]

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 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 [...]

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 [...]

Advantage Sellers According to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, April 2017 reflects an increase in single family closed sales, median sales prices and inventory in Sarasota and Manatee County as compared to April of 2016. Closed sales in Sarasota County increased by 8.3 percent for single [...]

Homes sales in Southwest Florida heated up in March, rising 8.6 percent over the year as the real estate market sailed into the end of the peak-selling season. After a cool-off in 2016 — which followed two record years — sales of previously owned single-family homes and condominiums so far in 2017 are 4.1 percent ahead of last [...]

More Inventory - The combined inventory of single-family homes and condos in the two-county area reached 8,557 in February, the highest number since April of 2012. The number of single family homes for sale in Sarasota County is up by 15.1 percent from February of last year, and is up by 6.5 percent in Manatee County. Condo inventory also [...]

Recent data produced by Florida REALTORS® for our two county area indicates January 2017 to be off to a solid start to Season sales. Inventory has been increasing in the two-county area each month since September. The result of higher inventory is that we are very [...]

Homes Sales Slow, but prices continued to rise. Home sales in Sarasota and Manatee counties fell in January as tight inventory and competition from new homes continued to take a slight edge off the movement of existing properties. There were 1,243 sales of existing homes and condominiums last month, down 2.4 percent from the 1,274 sales in [...]