Here’s a look at the Sarasota & Manatee Counties’ Real Estate Market for October 2019. According to statistics from the REALTOR® Association of Sarasota and Manatee, the number of new condo listings is up for both counties when compared to last month and year-over-year records. Read more about this month’s real estate market trends.
- 📈 A Look at Sarasota County Housing Stats
- 📊 A Look at Manatee County Housing Stats
- 📹 September 2019 Housing Minute [VIDEO]
- 🏠 Condo and Townhouse Details
- 📱 Contact Brock Realty Inc.
- 💲 What does this mean for home buyers?
- 💵 What does this mean for home sellers?
- 🏘️ Sarasota County Homes for Sale
- 🏘️ Manatee County Homes for Sale
📈 A Look at Sarasota County Housing Stats
October began with a median sale price for single-family homes of $298,000 in Sarasota County. This amount shows an increase of 6.4 percent from the $280,000 recorded this same time last year. The average sale price is $381,521, which is up 7.3 percent from the $355,485 in October 2018.
There were 689 closed sales in September 2019, which shows an incredible increase of 25.7 percent from the 548 closed sales in September 2018. We moved into October with 2,373 active listings in Sarasota County. This number shows a drop of 8.1 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started October with a median sale price for single-family homes of $315,000. This amount shows an increase of 6.8 percent from the $295,000 recorded this same time last year. The average sale price is $381,577, which is up 9.6 percent from the $348,158 recorded last year.
There were 538 closed sales in September 2019, which shows an increase of 15.2 percent from the 467 closed sales in September 2018. We moved into October with 1,817 active listings in Manatee County. This number shows a drop of 9.2 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $282,037. This number shows a decrease of 9.6 percent from the $311,829 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $244,587. Compared to the $210,586 recorded in September 2018, we’re seeing an increase of 16.1 percent.
SUGGESTED READING: Manatee County Homes for Sale
📱 Contact Brock Realty Inc.
💲 What does this mean for home buyers?
New listings in Sarasota County increased 4.5 percent with 750 new properties placed on the market in September 2019. There were 587 new listings to hit the market in Manatee County, which shows an increase of 8.7 percent from this same time last year.
Numbers are up across the board in both counties when it comes to real estate market statistics. This is good news for buyers who are looking to catch a deal as we move into months that traditionally see a slow down in numbers. Stay in the know when it comes to the newest listed homes by signing up for the FREE search and save option that we offer.
💵 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 95.4 percent, which is a slight decrease of 0.5 percent from last year at this time. Manatee County is recording 96.5 percent received, which is an increase of 0.5 percent from September 2018.
Sarasota County‘s median time to sale is currently 95 days, with the median time to contract at 49 days. Manatee County is reporting a median time to sale of 92 days and a median time to contract of 43 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 $381,521 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 $381,577 or less.
