The local market for condos and townhomes is continuing its shift. When compared to last year at this time, the market moved towards a seller’s market across the all price points in Sarasota County. While we saw the same trend across most price points in Manatee County, the $400,000-$599,999 market moved in the opposite direction.
While we saw mortgage interest rates drop a bit to begin the last 30 days, they are now back in essentially the same place they were at this point in September 2019. The small recent change will save new borrowers over a $4.50 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.65% as of this week. Last month at this time, they were sitting at 3.73%.
Listed at $2,100,000, this three-bedroom, three-bathroom home boasts 2,400 square feet of luxury. Enjoy stunning views and a walkable lifestyle from this condo where world class dining, shopping, and cultural venues are just steps away.
You’ll never get bored when you try something new. There’s really no limit to what you can do. – Dr Seuss
Happy Holidays and all the best to you in the year to come!