Here’s a look at the Sarasota & Manatee Counties’ Real Estate Market for September 2019. According to statistics from the REALTOR® Association of Sarasota and Manatee, the median times to contract and sale increased for both counties when compared year-over-year. Read more about this month’s real estate market trends.
- 📈 A Look at Sarasota County Housing Stats
- 📊 A Look at Manatee County Housing Stats
- 📹 August 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
September began with a median sale price for single-family homes of $280,000 in Sarasota County. This amount shows a decrease of 1.2 percent from the $283,488 recorded this same time last year. The average sale price is $363,534, which is down 5.2 percent from the $383,483 in September 2018.
There were 769 closed sales in August 2019, which shows an increase of 7.4 percent from the 716 closed sales in August 2018. We moved into September with 2,365 active listings in Sarasota County. This number shows a drop of 8.9 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started September with a median sale price for single-family homes of $317,000. This amount shows an increase of 7.1 percent from the $296,000 recorded this same time last year. The average sale price is $408,738, which is up 4 percent from the $393,126 recorded last year.
There were 654 closed sales in August 2019, which shows an increase of 10.3 percent from the 593 closed sales in August 2018. We moved into September with 1,818 active listings in Manatee County. This number shows a drop of 11.3 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $362,419. This number shows an increase of 12.1 percent from the $323,255 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $251,339. Compared to the $222,249 recorded in August 2018, we’re seeing an increase of 13.1 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 4.7 percent with 806 new properties placed on the market in August 2019. There were 664 new listings to hit the market in Manatee County, which shows a decrease of 3.9 percent from this same time last year.
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💵 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 95.5 percent, which is an increase of 0.1 percent from last year at this time. Manatee County is recording 96.6 percent received, which is an increase of 0.9 percent from August 2018.
Sarasota County‘s median time to sale is currently 94 days, with the median time to contract at 51 days. Manatee County is reporting a median time to sale of 86 days and a median time to contract of 42 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 $363,534 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 $408,738 or less.
