Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends generally give you a good idea of what to expect.
Category: Real Estate
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Happy New Year!
365 new days. 365 new chances. Let’s make the best of every one of them!
The luxury single family home market ($1M+ homes) is more of a buyer’s market in both Sarasota County and Manatee County this year than last. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.
Whether you are looking for a family home or an investment property, you don’t want to miss this one. This newly renovated, Morrison-built four-bedroom, three-bathroom home is centrally located in the distinguished neighborhood of Summerwood. Listed at only $425,000, this property is will likely move quickly.
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Happy Holidays!
To a joyful present and a well remembered past. Best wishes for Happy Holidays and a magnificent New Year!
