📈 A Look at Sarasota County Housing Stats
March began with a median sale price for single-family homes of $359,900 in Sarasota County. This amount shows an increase of 18.4 percent from the $304,000 recorded this same time last year. The average sale price is $538,892, which is up 28.1 percent from the $420,802 in March 2020. We are seeing an increase from last month’s $491,760.
There were 831 closed sales in February 2021, which shows an increase of 34.5 percent from the 618 closed sales in February 2020. We moved into March with 759 active listings in Sarasota County. This number shows a drop of 71.5 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started in March with a median sale price for single-family homes of $380,000. This amount shows an increase of 16.9 percent from the $325,000 recorded this same time last year. The average sale price is $553,312, which is up 35.6 percent from the $407,940 recorded last year. This month’s average price is up from last month’s $510,940.
There were 536 closed sales in February 2021, which shows an increase of 12.8 percent from the 475 closed sales in February 2020. We moved into March with 567 active listings in Manatee County. This number shows a drop of 70.7 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $558,681. This number shows an increase of 28.9 percent from the $433,473 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $272,932. Compared to the $245,303 recorded in March 2020, we’re seeing an increase of 11.3 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County decreased by 12.9 percent with 848 new properties placed on the market in February 2021. There were 669 new listings to hit the market in Manatee County, which shows a decrease of 8.4 percent from this same time last year.
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The number of cash sales in Sarasota County last month was 365, which is up 54 percent from last year’s 237. The number of cash sales in Manatee County was 169, which is 10.5 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 98.8 percent, which is an increase of 2.6 percent from last year at this time. Manatee County is recording 99 percent received, which is an increase of 2.9 percent from March 2020.
Sarasota County‘s median time to sale is currently 65 days, with the median time to contract at 17 days. Manatee County is reporting a median time to sale of 59 days and a median time to contract of 13 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 $538,900 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 $553,312 or less.
