Unlike in Manatee, we actually saw median sales prices decrease for the first time in what seems like forever in Sarasota County (see graphic below). That said, the change was slight, and could easily reverse itself in the coming months as we move into peak transaction season. I think the headline in Sarasota County is one of balance. The market is at a point where buyers and sellers both have the opportunity for excellent outcomes. It is the type of market where both parties tend to give a little to make transactions work. Having been a real estate agent in markets where one party (either a seller or a buyer) hold virtually all of the cards, I find the current market much more conducive to positive outcomes.
Categories