Thinking about selling your home? Take the time to pick the right real estate agent for you. Florida Realtors has put together the infographic below to help.
Tag: home selling
Categories
Home Selling Tips
Florida Realtors has put together the helpful infographic below to assist you in your home selling process. As the market today is favoring buyers more than we have seen in the past several years, it is important to put your best foot forward when selling your home.
Unlike Manatee County, Sarasota County’s market clearly favors buyers at this point. Unless we see a major uptick in sales over the next three months, there will be a significant amount of inventory left on the market heading into our slower season this summer. Cash buyers are still out there in a big way, so I am not sure pricing leverage is quite as high for typical buyers as they would like. That said, if you are interested in a property in Sarasota County, we have significantly worse times to buy. The infographic from Florida Realtors below contains more information.
While closed sales saw solid year-over-year growth in January, they didn’t keep pace with new inventory on the market. Accordingly, the market continued to shift toward buyers in January. It is still relatively balanced, but it is in better shape at lower price points than the higher end of the market. Due to more transactions at the lower to middle end of the market, the median sales price was down a whopping 8.6% when compared to January of 2024. Overall, it feels like opportunities exist for home buyers in the market. The infographic below from Florida Realtors has more data from the month.
December came in much better than November in Sarasota as most of the 2024 hurricane season hangover appears to be behind us. There are still more listings coming on the market than there are closed sales, but inventory levels have to get considerably higher before we truly see a buyer’s market. For now, this season is shaping up to be a balanced market for sellers and buyers. The infographic below has more from Florida Realtors.
