Condo Market Sarasota and Manatee County Closed sales for condos increased in each county in December as compared to December 2015, with Sarasota at a 12.5 percent increase and Manatee at a 7.8 increase. Single family sales, however, are down from last year. Sarasota County decreased by 6.1, while Manatee experienced an 8.2 percent [...]

The North Port-Sarasota-Bradenton region was recently ranked one of the ‘hottest’ real estate markets of 2017 by the real estate research website Trulia.

The North Port-Sarasota-Bradenton region was recently ranked as the No. 10 “hottest” real estate market of 2017 by the real estate research website Trulia. The site compiled the [...]

Healthy Market - Total closed sales are up by 8.7 percent from November 2015 for single family homes and condos in Sarasota and Manatee counties. Single family homes showed the most improvement from last year, with a 10.5 percent increase in the two-county area, while condos also increased by 4.5 percent. Inventory also showed improvement [...]

A year of design and permitting work on the infrastructure and initial phases of the project will begin after the New Year.

The massive mixed-use Quay Sarasota development received final city approval Monday night after years of planning. The potential $1 billion project will combine commercial, residential and office buildings on the [...]

Increases in Inventory as Market Prepares for Season. The inventory of properties for sale in the two-county area is up by 17.5 percent from last year, and also shows an increase of 3.1 percent from last month, reversing the downward trend that started earlier this year. Year over year, single family home inventory in Sarasota increased by [...]

Sales and Median Prices Up Total closed sales in September in the two-county area are up 2.6 percent over September of last year, with single family sales up 3.8 percent, and condo sales down just under 1 percent. Single family home sales in Manatee County posted a 13.8 percent increase, while condo sales in Sarasota County were up 3.3 [...]

Sales of distressed properties in the two-county area continued to decline in August, down 53.9 percent from the same month last year. Distressed sales in August comprised only 5.8 percent of total sales compared to 12.8 percent last August. [...]

Boomer Fuel Housing Boom - Paced by relentless retiree demand, housing starts in Southwest Florida have roared to their fastest rate in nearly 10 years. Construction started on 1,492 single-family units in the region during the second-quarter, a nearly 18 percent gain over the year, according to a new report by data supplier Metrostudy. [...]

Hesitant Sellers Leave Buyers with Fewer Choices - Median sale prices for condos and single family homes continue to increase in both Sarasota and Manatee County. Sarasota County single family homes are up 10.5 percent from 2015 to $242,500, while Manatee County experienced an 11.7 percent jump from 2015 to $279,250. Year over year, [...]

Home prices in Southwest Florida still outpace nation and state increases. Single-family home prices rose 7.8 percent in the Sarasota-Manatee region in June over the year, data provider CoreLogic. Prices jumped a stronger 12.7 percent in Charlotte County. Both regions topped the gains of 7 percent for Florida and 5.7 percent for the U.S. [...]