Tag: Sarasota

Sarasota County ran a little hotter than Manatee County in April for closed home sales. That said, the market is still in balance for home buyers and sellers as we head into our slower season. If you are selling your home in Sarasota County, you are most likely going to have to put your best foot forward in terms of preparing/staging the home for sale to ensure an optimal price in a quick timeline. If you are interested in buying, there is likely some value to be found, but don’t be surprised when you run into competition for the most attractive properties. The infographic from Florida Realtors below provides more on April results.

Cash sales made up almost 50% of the closed transactions for single-family homes in Sarasota County in February. There is still money moving into this housing market. That said, listings are continuing to outpace closed sales at almost a two to one clip. As overall inventory is just under six months of sales, we are still in a well-balanced market. In other words, it remains a solid time to be either a buyer or a seller in Sarasota County. The infographic from Florida Realtors below contains more information.

The inventory levels in Sarasota County continued their material rise in January. The strong seller’s market is very much a thing of the past as we head into peak season for the year. While the market is still largely in balance, buyers have more leverage than at any time in the past several years. It is definitely pointing to a buying opportunity, which may be why we are seeing such a high percentage of cash sales in the county. See the infographic from Florida Realtors below for more.