{"id":2744,"date":"2023-01-02T08:56:00","date_gmt":"2023-01-02T12:56:00","guid":{"rendered":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/?p=2744"},"modified":"2022-12-29T15:01:42","modified_gmt":"2022-12-29T19:01:42","slug":"sarasota-county-market-update-4","status":"publish","type":"post","link":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/2023\/01\/02\/sarasota-county-market-update-4\/","title":{"rendered":"Sarasota County Market Update"},"content":{"rendered":"\n<p>Closed sales were down 50% year on year in Sarasota County for single family homes in November. That is a massive drop; however, the market still doesn&#8217;t favor buyers at many price points. Inventory levels are at 4 months of sales (on average), so we are still a little short of the 6 months usually referenced as a balanced market. The signals are generally favorable for buyers though as cash sales are no longer the majority of sales in the county. That said, buyers shouldn&#8217;t be expecting to cash in on low offer to list price transactions at this time. The infographic below from Florida Realtors has more information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2022\/12\/sarasota2211-1024x536.jpg\" alt=\"\" class=\"wp-image-2745\" srcset=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2022\/12\/sarasota2211-1024x536.jpg 1024w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2022\/12\/sarasota2211-300x157.jpg 300w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2022\/12\/sarasota2211-768x402.jpg 768w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2022\/12\/sarasota2211.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Closed sales were down 50% year on year in Sarasota County for single family homes in November. That is a massive drop; however, the market still doesn&#8217;t favor buyers at many price points. Inventory levels are at 4 months of sales (on average), so we are still a little short of the 6 months usually [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,31,26,1],"tags":[12,13,15,20,19,6,17],"class_list":["post-2744","post","type-post","status-publish","format-standard","hentry","category-home-buying","category-home-prices","category-home-selling","category-real-estate","tag-home-buying","tag-home-selling","tag-real-estate","tag-real-estate-agent","tag-realtor","tag-sarasota","tag-sarasota-county"],"_links":{"self":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=2744"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2744\/revisions"}],"predecessor-version":[{"id":2746,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/2744\/revisions\/2746"}],"wp:attachment":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=2744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=2744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=2744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}