Look No Further. Listed at $1,900,000, this beautifully designed and extensively remodeled, former award-winning Pruett model home, is located in one of University Park Country Club’s most desirable neighborhoods, Sloane Gardens. The majestic oak trees line one side of the street and 16 estate homes with golf course views are spaciously placed on the other side of this cul-de-sac street.
Listed at $1,995,000 this three-bedroom, four- and 1/2-bathroom home is sure to please. Inside the gates of University Park Country Club’s premier, master planned community, you will find 32 distinctive neighborhoods on approx. 1,000 acres of lush tropical landscapes with soaring moss-covered oak trees, tranquil ponds, and a 27 hole championship golf course. This custom Najjar home is located in one of University Park Country Clubs most tranquil and private enclaves, Sloane Gardens. Along this tree-lined, cul-de-sac street you will find 16 estate homes with amazing golf course views.
While closed sales continue to trend significantly down year over year, the market has not shifted to favor buyers. Prices continue to rise and inventory levels are moderate (3-4 months of sales), at best. As sellers aren’t jumping to get their homes on the market, it looks like leverage will stay relatively balanced between buyers and sellers this busy season in Manatee. The infographic from Florida Realtors below has more detail.
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.
Florida Realtors has put together this infographic on one way to predict the future of real estate. While this is oversimplified, it does capture the basics of supply and demand. If you have more questions about today’s market, reach out any time.
