Tag: home selling

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Home Buying Home Selling Real Estate

Single-Family Home Market Update – Sarasota County

November was a very slow month in home sales in Sarasota County when compared to last year and the activity in neighboring Manatee County. It looks like the lower end of the price points on the market weren’t as active in Sarasota County as they were in Manatee. However, there were still a significant number of cash buyers in Sarasota. We will likely have to wait until January activity to see if the early part to our busy season was an aberration. I would be much more inclined to believe we are in for a slower winter if Manatee didn’t come in so strong in November. The graphic below from Florida Realtors highlights more relevant market information.

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Home Buying Home Selling Real Estate

Single-Family Home Market Update – Manatee County

Manatee County had a healthy market for single-family home sales in November. As we ramp up for our busy season, everything is shaping up nicely in Manatee. Both buyers and sellers should have some degree leverage this winter as inventory levels remain reasonable while sales are showing solid year-over-year increases. The graphic below from Florida Realtors has more details about November activity.

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Home Selling Real Estate

Tips for Selling Your Home This Holiday Season / Winter

Many people believe that selling a home during the holidays or winter is not ideal. However, in Florida, this couldn’t be further from the truth. While the spring market is traditionally more favorable for home sales in many regions, Florida tends to gain momentum during the winter months.

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Categories
Home Buying Home Selling Real Estate

Sarasota County Single-Family Home Market Update

Even with the weather challenges this fall, Sarasota County’s single-family home sales have been resilient. We haven’t seen the drop off in home sales like we have in Manatee. However, the market has been stronger in the mid to lower-tier price points than the higher-tier listings. Inventory remains in a good place for our rapidly approaching busy season. With the current statistics, it looks like we are in for a balanced market this winter. The infographic below from Florida Realtors contains more from October.

Categories
Home Buying Home Selling Real Estate

Manatee County Single-Family Home Market Update

Closed transactions were down significantly when compared in October when compared to last year. Obviously, this year’s hurricane season played a role in that outcome. The question is whether that will continue. While the likely answer is “yes” to some extent, now is not the time to panic if you need to sell. There is still only around five months of inventory on the market, which means we are dealing with a market that is in balance. It really doesn’t heavily favor buyers or sellers. Putting your best foot forward will be important if you are buying or selling at this time as your leverage will most likely be limited. The infographic from Florida Realtors below contains more.