Appreciation 11.7% in Sarasota Homes! The Median Sold Price for Sarasota Homes increased 11.7% from a year ago. The Real Estate Market continues to be very strong with continued low inventory in Sarasota, Manatee and Charlotte Counties.
Now More Information and the three County News …….
In Sarasota County. We always see a normal January drop in Closings from December which typically happens as Buyers begin to look for properties in season. The Closed Sales decreased -29.2% over the previous month. New Listings increased +32.7% and the Inventory Level decreased to 1.3 months of Inventory. Remember 6 months of Inventory is considered a Balanced Market. Year to Date Median Price increased +11.7%. Days on Market decreased to 54 Days. Sold Price to List Price increased to 96.3%.
Manatee County. The Closed Sales decreased -32.0% over the previous month. New Listings increased +8.7% and the Inventory Level decreased to 1.0 months of Inventory. Year to Date Median Price increased +16.3% from the previous year. Days on Market increased to 53 Days. Sold Price to List Price stayed the same at 96.8%.
Charlotte County. The Closed Sales decreased to -23.6% over the previous month. New Listings increased +27.9% and Inventory Level decreased to 1.5 months of Inventory. Year to Date, Median Price increased +14.6% over the previous year. Days on Market decreased to 57 Days. Sold Price to List Price increased to 96.7%.
Appreciation 11.7% in Sarasota Homes!
Look at the graphics with the Real Estate Activity by County in Manatee, Sarasota & Charlotte Counties. Great Interest Rates in the high 2% !
Different types of Loan Products are available including:
- FHA 100%
- Bank Statement Program for Self Employed
- FHA 96.5% – Down to 580 Credit Score
- USDA 100% Loans – 620 Credit Score
- VA – 100% Financing
- FHA Streamline Refinance
- W-2 Only Program
- Condo Financing
- International Buyer Financing
Each person qualifies for a loan differently and your interest rate could be different. APR is not quoted, but available. Different programs are available with low down payments. Call me to see what your rate is.
Still Great Housing Prices & Great Interest Rates! What are you waiting for?
We can help you with an REO/Bank Owned, Short Sale, Normal Sale or New Home Sale. Don’t miss your opportunity!
Call Kym at (941) 400-9420 or Helen at (941) 400-9489 to help you find Your Florida Lifestyle!
Published on 2021-02-27 08:05:24