Although Sarasota County transaction data is generally moving in the same way as Manatee, there is one significant difference. In Sarasota, the hotter part of the market is definitely down market. The year-on-year 8.8% reduction in median sale price in March drives that point home. I expect that to balance to more normal levels as we head into our slower season. It remains a good time for opportunistic buyers in Sarasota County. Buyers shouldn’t expect to have all of the leverage in negotiations, but there is definitely value to be had when compared to recent years. The infographic below from Florida Realtors contains more information.
