Here’s a look at the Sarasota & Manatee Counties’ Real Estate Market for September 2021. According to statistics from the REALTOR® Association of Sarasota and Manatee, both counties are showing a slight decrease in the number of closed sales when compared year-over-year. Read more about this month’s real estate market trends.
📈 A Look at Sarasota County Housing Stats
September began with a median sale price for single-family homes of $390,093 in Sarasota County. This amount shows an increase of 18.2 percent from the $330,000 recorded this same time last year. The average sale price is $555,508, which is up 13.2 percent from the $490,948 in September 2020. We are seeing a decrease from last month’s $598,947.
There were 815 closed sales in August 2021, which shows a decrease of 6 percent from the 867 closed sales in August 2020. We moved into September with 761 active listings in Sarasota County. This number shows a drop of 51.7 percent from this time last year.
📊 A Look at Manatee County Housing Stats
Manatee County started in September with a median sale price for single-family homes of $430,000. This amount shows an increase of 19.4 percent from the $360,000 recorded this same time last year. The average sale price is $579,647, which is up 20.5 percent from the $480,903 recorded last year. This month’s average price is up slightly from last month’s $566,595.
There were 694 closed sales in August 2021, which shows a decrease of 2.7 percent from the 713 closed sales in August 2020. We moved into September with 564 active listings in Manatee County. This number shows a drop of 52.3 percent from this time last year.
🏠 Condo and Townhouse Details
In Sarasota County, the average sale price for condos and townhouses is $461,046. This number shows an increase of 27.6 percent from the $361,443 recorded this time last year.
The average sale price for condos and townhouses in Manatee County is $302,733. Compared to the $261,548 recorded in September 2020, we’re seeing an increase of 15.7 percent.
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💲 What does this mean for home buyers?
New listings in Sarasota County increased by 1.1 percent with 919 new properties placed on the market in August 2021. There were 773 new listings to hit the market in Manatee County, which shows an increase of 6.6 percent from this same time last year.
The number of cash sales in Sarasota County last month was 367, which is up 33 percent from last year’s 276. The number of cash sales in Manatee County was 251, which is 71.9 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 100 percent, which is an increase of 2.5 percent from last year at this time. Manatee County is recording 100 percent received, which is an increase of 2.7 percent from September 2020.
Sarasota County‘s median time to sale is currently 47 days, with the median time to contract at 6 days. Manatee County is reporting a median time to sale of 47 days and a median time to contract of 5 days.
🏘️ Sarasota County Homes for Sale
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 $555,508 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 $579,647 or less.