While it seems like sellers need to nothing to sell their home for top dollar these days, the signs of a shift are popping up around us. If you are thinking about selling and have cash on hand for some upgrades, you will likely see a nice return by upgrading appliances (see below).
While Manatee saw its year over year new listings rise, the same can’t be said for Sarasota County. The market remains very seller oriented in Sarasota.
While it was good to see new listings start to rise, the market remains very tight in Manatee. We still have a long way to go to get to a “normal” market. That said, market dynamics can change rapidly. See the chart below for the latest results.
Zillow is reporting an extraordinarily low number of homes for sale on its platform (see chart below).
Any cursory look at the real estate market will show the dramatic change we have seen recently in housing prices. In fact, many of us can find out what is happening in our areas without the use of a real estate pro. However, when it gets down to valuing your specific home, a real estate pro will use their comparables tools to get much more precise. See the helpful infographic below from Florida Realtors.
