📈 A Look at Sarasota County Housing Stats
May began with a median sale price for single-family homes of $290,000 in Sarasota County. This amount shows an increase of 1.5 percent from the $285,650 recorded this same time last year. The average sale price is $417,774, which is close to the $417,923 average from the previous year.
There were 793 closed sales in April 2019, which shows a decrease of 2.6 percent from the 814 closed sales in April 2018. We moved into May with 3,313 active listings in Sarasota County. This number shows an increase of 10.4 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started May with a median sale price for single-family homes of $315,000. This amount shows an increase of 1.6 percent from the $310,000 recorded this same time last year. The average sale price is $390,612, which is down 3.5 percent from the $404,932 recorded last year.
There were 633 closed sales in April 2019, which shows an increase of 3.9 percent from the 609 closed sales in April 2018. We moved into May with 2,193 active listings in Manatee County. This number shows a drop of 2 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $349,550. This number shows a drop of 0.8 percent from the $346,866 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $236,127. Compared to the $255,976 recorded in April 2018, we’re seeing a decrease of 7.8 percent.
SUGGESTED READING: Manatee County Homes for Sale
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💲 What does this mean for home buyers?
New listings in Sarasota County dropped 2.3 percent with 833 new properties placed on the market in April 2019. There were 657 new listings to hit the market in Manatee County, which shows a decrease of 0.2 percent from this same time last year.
The number of new listings is showing a decline in both counties as we move into summer months, but the number of closed sales are increasing. This data means that the competition for homes is only getting stronger as we move through the year. Be sure to keep your edge by signing up for the search and save option we offer when looking at home listings.
💵 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 94.4 percent, which is a decrease of 0.8 percent from last year at this time. Manatee County is recording 96 percent received, which is an increase of 0.3 percent from April 2018.
Sarasota County‘s median time to sale is currently 96 days, with the median time to contract at 55 days. Manatee County is reporting a median time to sale of 92 days and a median time to contract of 48 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 $417,774 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 $390,612 or less.