Sarasota Real Estate Report: January 2019
Posted by Matt Leicht on
More Options for Buyers as Housing Market Finds Balance
SARASOTA, Fla. (February 21, 2019) – Closed sales in Sarasota and Manatee County fall short at the start of 2019. Median prices continue to rise and a jump in inventory and new listings point to a more balanced market.
Combined, closed sales in the two-county area decreased by 17.2 percent from January 2018. Single-family home sales in Manatee County decreased by 16 percent, while Sarasota decreased by 11.4 percent. Condo sales in Manatee decreased by 6.9 percent and Sarasota sales decreased by 33.1 percent.
More Inventory
The combined two-county inventory increased year-over-year in January by 12.3 percent. Single-family home inventory in Manatee County increased by 5.7…
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