Hereโs a look at the Sarasota & Manatee Countiesโ Real Estate Market for April 2021. According to statistics from the REALTORยฎ Association of Sarasota and Manatee, both counties are showing an increase in new homes being added to the market. Read more about this monthโs real estate market trends.
- ๐ A Look at Sarasota County Housing Stats
- ๐ A Look at Manatee County Housing Stats
- ๐ Condo and Townhouse Details
- ๐ฑ Contact Brock Realty Inc.
- ๐ฒ What does this mean for home buyers?
- ๐ต What does this mean for home sellers?
- ๐๏ธ Sarasota County Homes for Sale
- ๐๏ธ Manatee County Homes for Sale
๐ A Look at Sarasota County Housing Stats
April began with a median sale price for single-family homes of $379,695 in Sarasota County. This amount shows an increase of 20.5 percent from the $315,000 recorded this same time last year. The average sale price is $606,126, which is up 46.3 percent from the $414,374 in April 2020. We are seeing an increase from last month’s $538,892.
There were 1,169 closed sales in March 2021, which shows an increase of 40.2 percent from the 834 closed sales in March 2020. We moved into April with 680 active listings in Sarasota County. This number shows a drop of 75.2 percent from this time last year.
๐ A Look at Manatee County Housing Stats
Manatee County started in April with a median sale price for single-family homes of $395,000. This amount shows an increase of 23.6 percent from the $390,674 recorded this same time last year. The average sale price is $536,981, which is up 37.4 percent from the $390,674 recorded last year. This month’s average price is down from last month’s $553,312.
There were 907 closed sales in March 2021, which shows an increase of 37.8 percent from the 658 closed sales in March 2020. We moved into April with 467 active listings in Manatee County. This number shows a drop of 76.3 percent from this time last year.
๐ Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $580,688. This number shows an increase of 54.4 percent from the $376,162 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $299,824. Compared to the $251,136 recorded in April 2020, weโre seeing an increase of 19.4 percent.
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๐ฑ Contact Brock Realty Inc.
๐ฒ What does this mean for home buyers?
New listings in Sarasota County increased by 17.5 percent with 1,075 new properties placed on the market in March 2021. There were 788 new listings to hit the market in Manatee County, which shows an increase of 7.8 percent from this same time last year.
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The number of cash sales in Sarasota County last month was 493, which is up 55.5 percent from last year’s 317. The number of cash sales in Manatee County was 307, which is 75.4 percent higher than this month last year.
๐ต What does this mean for home sellers?
When it comes to the median percent of original list price received, sellers in Sarasota County are recording 100 percent, which is an increase of 4 percent from last year at this time. Manatee County is recording 100 percent received, which is an increase of 3.5 percent from April 2020.
Sarasota Countyโs median time to sale is currently 56 days, with the median time to contract at 13 days. Manatee County is reporting a median time to sale of 55 days and a median time to contract of 9 days.
๐๏ธ Sarasota County Homes for Sale
See Additional Reports on the Sarasota County & Manatee County Real Estate Market
Here are the most recent home listings just added to the database in the average sale price range for Sarasota County. All homes are priced at $606,126 or less.
๐๏ธ Manatee County Homes for Sale
Here are the most recent home listings just added to the database in the average sale price range for Manatee County. All homes are priced at $536,981 or less.