Here’s a look at the Sarasota & Manatee Counties’ Real Estate Market for December 2021. According to statistics from the REALTOR® Association of Sarasota and Manatee, both counties are showing an increase in the average price of condos when compared year-over-year. Read more about this month’s real estate market trends.
📈 A Look at Sarasota County Housing Stats
December began with a median sale price for single-family homes of $419,225 in Sarasota County. This amount shows an increase of 19.9 percent from the $349,695 recorded this same time last year. The average sale price is $548,592, which is up 1.3 percent from the $541,339 in December 2020. We are seeing a decrease from last month’s $593,562.
There were 833 closed sales in November 2021, which shows a decrease of 2 percent from the 850 closed sales in November 2020. We moved into December with 665 active listings in Sarasota County. This number shows a drop of 51.1 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started in December with a median sale price for single-family homes of $450,411. This amount shows an increase of 28.5 percent from the $350,500 recorded this same time last year. The average sale price is $593,109, which is up 28.1 percent from the $463,015 recorded last year. This month’s average price is up from last month’s $565,362.
There were 699 closed sales in November 2021, which shows a decrease of 2.5 percent from the 717 closed sales in November 2020. We moved into December with 511 active listings in Manatee County. This number shows a drop of 49.5 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $495,039. This number shows an increase of 21.5 percent from the $407,343 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $342,508. Compared to the $265,013 recorded in December 2020, we’re seeing an increase of 29.2 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County decreased by 4 percent with 767 new properties placed on the market in November 2021. There were 645 new listings to hit the market in Manatee County, which shows an increase of 0.2 percent from last year.
The number of cash sales in Sarasota County last month was 833, which is down 2 percent from last year’s 850. The number of cash sales in Manatee County was 699, which is 2.5 percent lower 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 100 percent, which is an increase of 1.9 percent from last year at this time. Manatee County is recording 100 percent received, which is an increase of 1.6 percent from December 2020.
Sarasota County‘s median time to sale is currently 48 days, with the median time to contract at 7 days. Manatee County is reporting a median time to sale of 48 days and a median time to contract of 6 days.
🏘️ Sarasota County Homes for Sale
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 $548,592 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 $593,109 or less.