While transactions are continuing to trend downward, inventory hasn’t been growing as much as you would expect as most sellers appear to be sitting on the sidelines. That paradigm is causing the median sales price to continue to rise significantly despite slowing sales. We have a few months until we hit peak season in Manatee; however, it is looking like the current environment will likely hold through the spring. The infographic below from Florida Realtors has the details.
Category: Home Buying
Here are some great tips regarding protecting your home from the Florida Realtors Association.
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On Forecasting
I was looking back at Realtor.com’s forecasts for real estate activity in 2022 just to level set where we are today. This isn’t to pick on Realtor.com as it is an excellent source of information about the real estate market. It’s more to point out that even the expert forecasts can miss reality by miles.
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Moving Tips
Here is a helpful infographic of moving tips from Florida Realtors. Moving can be a stressful time, so any advice can help.
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Sarasota County Update
The infographic below shows the latest market results for single-family homes in Sarasota County.