📈 A Look at Sarasota County Housing Stats
April 2024 began with a median sale price for single-family homes of $515,000 in Sarasota County. This amount shows a decrease of -2.5 percent from the $528,013 recorded at this same time last year. The average sale price is $798,731, which is up 10 percent from the $725,807 in April 2023. We are seeing an increase from last month’s $715,286.
There were 723 closed sales in March 2024, which shows a decrease of 12.5 percent from the 826 closed sales in March 2023. We moved into April with 3,374 active listings in Sarasota County. This number shows a rise of 76.6 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started April 2024 with a median sale price for single-family homes of $498,805. This amount shows an increase of 1.4 percent from the $491,988 recorded at this same time last year. The average sale price is $653,281, which is up 2.4 percent from the $638,055 recorded last year. This month’s average price is down from last month’s $722,563.
There were 730 closed sales in March 2024, which shows a decrease of 3.4 percent from the 756 closed sales in March 2023. We moved into April with 2,581 active listings in Manatee County. This number shows an increase of 51.3 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $634,890. This number shows an increase of 11.4 percent from the $570,067 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $429,893. Compared to the $419,574 recorded in April 2023, we’re seeing an increase of 2.5 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County increased by 1.1 percent with 1,055 new properties placed on the market in March 2024. There were 848 new listings to hit the market in Manatee County, which shows a rise of 0.6 percent from last year.
The number of cash sales in Sarasota County last month was 322, which is 14.4 percent lower than last year’s 376. The number of cash sales in Manatee County was 244, which is 1.7 percent higher than this month last year.
💵 What does this mean for home sellers?
Regarding the median percent of the original list price received, sellers in Sarasota County are recording 95.2 percent, which is 1 percent lower than last year. Manatee County is recording 96.5 percent received, which shows an increase of 2.5 percent from March 2023.
Sarasota County‘s median time to sale is currently 78 days, with the median time to contract at 40 days. Manatee County is reporting a median time to sale of 98 days and a median time to contract of 51 days.
🏘️ 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 $798,731 or less.
🏘️ 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 $653,281 or less.
