📈 A Look at Sarasota County Housing Stats
August began with a median sale price for single-family homes of $327,250 in Sarasota County. This amount shows an increase of 12.8 percent from the $290,000 recorded this same time last year. The average sale price is $444,431, which is up 15.1 percent from the $386,220 in August 2019. We are seeing an increase from last month’s $238,556.
There were 978 closed sales in July 2020, which shows a significant increase of 21.9 percent from the 802 closed sales in July 2019. We moved into August with 1,687 active listings in Sarasota County. This number shows a drop of 34 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started August with a median sale price for single-family homes of $358,963. This amount shows an increase of 10.5 percent from the $325,000 recorded this same time last year. The average sale price is $476,011, which is up 21.7 percent from the $391,049 recorded last year.
There were 774 closed sales in July 2020, which shows an increase of 26.7 percent from the 611 closed sales in July 2019. We moved into August with 1,310 active listings in Manatee County. This number shows a drop of 30.2 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $347,776. This number shows an increase of 13.1 percent from the $307,526 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $270,527. Compared to the $216,523 recorded in August 2019, we’re seeing an increase of 24.9 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County increased by 18.9 percent with 907 new properties placed on the market in August 2020. There were 775 new listings to hit the market in Manatee County, which shows an increase of 19 percent from this same time last year.
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The number of cash sales in Sarasota County last month was 292, which is up 17.3 percent from last year’s 249. The number of cash sales in Manatee County was 186, which is 31 percent higher than this month last year.
💵 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 96.3 percent, which is an increase of 0.8 percent from last year at this time. Manatee County is recording 96.8 percent received, which is an increase of 0.9 percent from August 2019.
Sarasota County‘s median time to sale is currently 90 days, with the median time to contract at 41 days. Manatee County is reporting a median time to sale of 80 days and a median time to contract of 37 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 $444,431 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 $476,011 or less.