Very Active Buying Market in Sarasota Real Estate! Now through May 31, 2024. 105,000,000 people are in Florida right now and that is 5 times the Florida population of 21,000,000.
As professionals, we know how to help you purchase or sell Your Florida Lifestyle!
Now the three County News …….
In Sarasota County. The Closed Sales increased +20.9% in February over the previous month. New Listings decreased to -9.8% and the Inventory Level increased to 6.4 months of Inventory. Remember 6 months of Inventory is considered a Balanced Market. Year to Date Median Price Increased +2.3% from the previous year. Days on Market increased to 58 Days. Sold Price to List Price decreased to 93.5%.
Manatee County. The Closed Sales increased to +23.2% in February over the previous month. New Listings decreased -7.3% and the Inventory Level increased to 5.1 months of Inventory. Year to Date Median Price Increased +2.0% from the previous year. Days on Market increased to 67 Days. Sold Price to List Price decreased to 93.6%.
Charlotte County. The Closed Sales increased +42.2% in February over the previous month. New Listings decreased -8.0% and Inventory Level increased to 8.4 months of Inventory. Year to Date, Median Price Increased +5.5% from the previous year. Days on Market increased to 72 Days. Sold Price to List Price stayed the same at 92.7%.
Remember 6 months of Inventory is considered a Balanced Market.
Look at the graphics with the Real Estate Activity by County in Manatee, Sarasota & Charlotte Counties. Great Interest Rates from High 7.1% to Low 5.7%!
Several 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 Good Interest Rates! What are you waiting for?
We can help you with an REO/Bank Owned, Short Sale, Normal Sale, or New Home Sale. Do not miss your opportunity!
Call Kym at (941) 400-9420 or Helen at (941) 400-9489 to help you find Your Florida Lifestyle!
Published on 2024-03-30 06:26:04
