Inventory Lower, Prices Up for Sarasota Area Real Estate! The Inventory keeps going down because New Listings are not coming on the market as fast as Properties are being Sold. Sarasota County Median Prices up +19.2%, Manatee County up +10.5% and Charlotte County up +11.1%.
Florida is Open and Practicing Safe Social Contact!
Wishing You & Your Family a Very Merry Christmas!
Now the three County News …….
In Sarasota County. The Closed Sales decreased slightly -6.2% over the previous month. New Listings decreased -16.4% and the Inventory Level decreased to 1.9 months of Inventory. Remember 6 months of Inventory is considered a Balanced Market. Year to Date Median Price increased +19.2%. Days on Market decreased to 63 Days. Sold Price to List Price increased to 96.1%.
Manatee County. The Closed Sales decreased -2.1% over the previous month. New Listings decreased -17.9% and the Inventory Level decreased to 1.5 months of Inventory. Year to Date Median Price increased +10.5% from the previous year. Days on Market decreased to 52 Days. Sold Price to List Price increased to 96.7%.
Charlotte County. The Closed Sales decreased slightly to -0.5% over the previous month. New Listings decreased -19.8% and Inventory Level decreased to 1.9 months of Inventory. Year to Date, Median Price increased +11.1% over the previous year. Days on Market increased to 61 Days. Sold Price to List Price increased to 96.9%.
Look at the graphics with the Real Estate Activity by County in Manatee, Sarasota & Charlotte Counties. Still very attractive Single-Family Home & Condominium Pricing and WOW – Great Interest Rates!
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 2020-12-23 12:54:50