📈 A Look at Sarasota County Housing Stats
July began with a median sale price for single-family homes of $214,230 in Sarasota County. This amount shows an increase of 7.7 percent from the $199,000 recorded this same time last year. The average sale price is $238,556, which is up 1 percent from the $236,307 in July 2019. We are seeing a decrease from last month’s $392,471.
There were 768 closed sales in June 2020, which shows a decrease of 6.5 percent from the 821 closed sales in June 2019. We moved into July with 1,859 active listings in Sarasota County. This number shows a drop of 33.7 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started July with a median sale price for single-family homes of $325,000. This amount shows an increase of 3.2 percent from the $315,000 recorded this same time last year. The average sale price is $419,373, which is up 5.4 percent from the $397,987 recorded last year.
There were 768 closed sales in June 2020, which shows a decrease of 6.8 percent from the 821 closed sales in June 2019. We moved into July with 1,859 active listings in Manatee County. This number shows a drop of 33.7 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $346,991. This number shows an increase of 13.2 percent from the $306,559 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $238,556. Compared to the $236,307 recorded in July 2019, we’re seeing an increase of 1 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County decreased by 1.8 percent with 716 new properties placed on the market in July 2020. There were 665 new listings to hit the market in Manatee County, which shows an increase of 11 percent from this same time last year.
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The number of cash sales in Sarasota County last month was 174, which is down 48.8 percent from last year’s 340. The number of cash sales in Manatee County was 90, which is 53.8 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 95.7 percent, which is an increase of 1.1 percent from last year at this time. Manatee County is recording 96.6 percent received, which is an increase of 0.6 percent from July 2019.
Sarasota County‘s median time to sale is currently 104 days, with the median time to contract at 58 days. Manatee County is reporting a median time to sale of 103 days and a median time to contract of 56 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 $439,655 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 $419,373 or less.
