We continue to move closer to market balance in Manatee County after a lengthy run of sellers holding most of the cards. Inventory levels are up to almost 4 months of sales (6 months is considered in balance between buyers and sellers). As the price point rises, inventory levels shift more towards buyer leverage. We are now entering our peak season in Florida, so the next few months will be telling as to the market direction. The infographic from Florida Realtors below has the latest results from November.
