Found 50 blog entries about Buying & Selling your home.
Sarasota and Manatee Counties Seeing Growth in Housing Market
Sarasota and Manatee counties continue to see strong growth in the local housing market - a good sign for the local economy and anyone who owns or would like to invest in Sarasota real estate. The August 2017 report, compiled from data provided by My Florida Regional Multiple Listing Service, showed positive trends in almost all categories. Here is a breakdown of the report and what it means for the two-county area.
Higher Closed Sales
The number of closed sales of single-family homes in Sarasota and Manatee counties was 6.9 percent higher in August 2017 when compared to August 2016. Closed sales for condos were up too, though only slightly at 0.8 percent. For the month,…
Still Great Opportunities For Buyers and Sellers
Whether you’re looking to buy or sell your home, the Sarasota Florida real estate market offered excellent opportunities in July 2017. For home-buyers, the good news came in the form of an increase in the number of homes and condos on the market in July. This jump in available properties provided ample inventory for house hunters.
The region also saw an increase in the median time between a home’s listing and its final contracted sale, giving home-buyers a more relaxed pace for making their home and condo purchase decisions.
There was good news for home sellers, too. According to My Florida Regional Multiple Listing Service, Sarasota Florida real estate saw an increase in the number of
A Shift in the Market
There has been a significant shift in the market that is garnering the attention of investors and analysts. The June 2017 statistics reflect a rather healthy increase in available inventory as well as the median sales price and the median contract.
The data also shows that pending sales have increased and closed sales have decreased over the same time last year for the combined two county area, according to the My Florida Regional Multiple Listing Service. The longtime data gathering firm compiles data monthly and compares it to last year to better serve Realtors and potential buyers and sellers about the market.
Why is it important to know what’s happening in the industry on a local level? They give you a window
With superb weather, wonderful beaches, numerous scenic parks and a multitude of nature preserves, Sarasota and Manatee housing attracts plenty of potential residents. That desire to live in a recreational paradise is partially responsible for the sellers market that continues in the area. According to Florida REALTORS®, as of April 2017, the My Florida Regional MLS shows more inventory and closed sales as well as higher median sales prices when compared to the same month in 2016.
Home Sales and Median Price Range Increase
Single family home sales increased by 1.5 percent in Manatee County while Sarasota County showed an 8.3 percent jump. However, condo sales dropped by 22 percent in Manatee while falling only 0.3 percent in Sarasota.
Rising Inventory Levels Good News for Home BuyersIf you're looking for your dream home in Sarasota or Manatee counties, your search might be getting easier. That's because the number of homes for sale in both markets is on the rise. The combined number of homes for sale in the two Florida counties rose to 8,557 in February. That is the highest this number has been since April of 2012. That's good news for buyers! The greater the number of homes available, the easier is it for buyers to find one that fits their budget and needs. A closer look at the housing numbers illustrates just how busy the Sarasota and Manatee county markets might become this spring. When compared to the same month one year earlier,…
Beachfront properties are a desirable commodity that much is for sure. As with most real estate options in high demand, the price for a waterfront property can typically range from $400,000 to a million, depending on the size and location. With those kinds of prices, it’s easy to see why waterfront properties are so exclusive.
However, what if you could snag a beachfront bargain at a much lower cost than typical Siesta Key properties? Here are some tips and tricks to get the most bang for your buck when searching for a beachfront property in Siesta Key, FL.
Look for the Unexpected
Most buyers looking for waterfront properties in Siesta Key are looking for condos or houses along the coast of the Gulf of Mexico. These are the properties that go…
National market reports indicate modest overall increases in new and existing home sales for November 2016, and climbing home prices in many areas.
Measuring from November 2015, Sarasota and Manatee Counties saw an 8.7% increase in total closed sales. Single family home sales improved by 10.5%, with a 4.5% improvement in condo sales.
New pending sales also gained, with noticeable increases since September of this year. In Sarasota County pending condo sales are 39.8% greater, and single family homes have a 24% increase. Manatee County saw similar gains with a 25.1% improvement in pending single family home sales, and an 8.4% intensification in pending condo sales.
Strengthening sales accompany increases in median sales prices for single…
Everyone dreams of owning a beautiful piece of property at some point in his or her life. For many, this achievement comes after years of saving and determination to make this dream come to fruition. When it’s finally time to buy the vacation property you’ve always envisioned, here are a few things to consider before you begin your search:
Think About What You Want In A Vacation Residence
When you think about your vacation home, do you envision it as a getaway from your everyday life? Or is it more of a gathering space for your friends and family? Will it be just for you, or do you hope to rent it out while you’re away? All of these questions are important to consider prior to your search because they’ll help you identify what kind of property…
More Inventory Available
In comparison to October of last year, Manatee County saw an 11.3% increase in inventory for single-family homes and an 11.4% increase in inventory for condominiums in October of 2016, and the respective figures for Sarasota County have been 15.7% and 35.8%. In terms of the overall area that the two counties constitute, this amounts to a 17.5% increase in inventory for available residential properties in the area overall, sharply contrasting with the trend that saw a decrease in properties for sale throughout the earlier months of 2016.
Pending sales for these types of property in the two counties, meanwhile, have experienced an upsurge over the previous month. For Manatee County, condominium sales are 24.5% higher…