Sarasota Area Real Estate, Median Price Jumps 24.9%! All 3 Counties (Sarasota, Manatee & Charlotte) report Inventory Levels keep getting lower, and prices are going up. Median Price from a year ago up 24.9% in Sarasota County, up 16.8% in Manatee County and up 13.8% in Charlotte County.
Florida Realtors are practicing Safe Social Contact. Strong Real & Virtual Showings & Purchases are happening!
Please follow the State & Federal Guidelines and be Safe!
Have a Happy Thanksgiving!
Now the three County News …….
In Sarasota County. The Closed Sales increased +5.0% over the previous month. New Listings increased +5.2% and the Inventory Level decreased to 2.2 months of Inventory. Remember 6 months of Inventory is considered a Balanced Market. Year to Date Median Price increased +24.9%. Days on Market increased to 69 Days. Sold Price to List Price decreased to 95.6%.
Manatee County. The Closed Sales increased +3.9% over the previous month. New Listings increased +10.1% and the Inventory Level decreased to 1.8 months of Inventory. Year to Date Median Price increased +16.8% from the previous year. Days on Market decreased to 56 Days. Sold Price to List Price increased to 96.5%.
Charlotte County. The Closed Sales decreased -3.4% over the previous month. New Listings increased +1.8% and Inventory Level decreased to 2.2 months of Inventory. Year to Date, Median Price increased +13.8% over the previous year. Days on Market decreased to 56 Days. Sold Price to List Price increased to 96.5%.
Inventory Continues to Decrease
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 2020-11-23 10:12:34
