Record Sales in 2019 Sarasota Real Estate! I thought that it could be a record year and now confirmed by the numbers. As we begin 2020, we want to wish you & your family a Very Happy & Prosperous New Year!
Now the three County News …….
In Sarasota County. The Closed Sales for 2019 were 13,129 Properties with a value of $4,860,506,840. The Median Sold Price increased by 3% over the previous year. Average Days on Market was 80 Days. The Inventory Level remained low at 3.9 Months of Supply at year end.
Manatee County. The Closed Sales for 2019 were 9,683 Properties with a value of $3,306,135,233. The Median Sold Price increased by 4.7% over the previous year. Average Days on Market was 73 Days. The Inventory Level remained low at 3.5 Months of Supply at year end.
Charlotte County. The Closed Sales for 2019 were 6,183 Properties with a value of $1,560,341,041. The Median Sold Price increased by 4.9% over the previous year. Average Days on Market was 76 Days. The Inventory Level remained low at 4.2 Months of Supply at year end.
I expect 2020 to be another very positive sales year with over a 1,000 people per day moving to Florida, a strong economy and very attractive financing interest rates from low 3.15% to higher 4.85% range depending upon finance term.
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 Attractive 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 2020-01-16 10:06:21
