Sarasota Real Estate Market Bounces BackThe real estate market will continue to recover from the devastating impact of hurricane Irma in Manatee and Sarasota counties. There are more new listings and pending sales as the market continues to show a healthy growth trend this month.
Closed sales for single-family homes grew by 2.7 percent in the two counties while condos went down by a 10.4 percent since October 2016. Florida’s rather healthy job opportunities and population growth play important factors. They both should help sales to get back to where they were before the hurricane Irma, said Lawrence Yun, Chief Economist, National Association of REALTORS®.
End of Season Decreases
The drop in sales is typical for this time of…