Congratulations to our home sellers in University Park Country Club! In contract in under weeks.
Tag: home selling
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 Sarasota’s results aren’t too different from Manatee County, there continues to be some variance. Prices are continuing to rise faster, and cash sales are a bigger piece of the pie. Overall, the season is shaping up to only slightly favor sellers over buyers as many sellers continue to be sitting on the sidelines this year. The infographic from Florida Realtors below has more detail on the latest month of results.
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.
Mortgage interest rates were largely flat over the last 30 days. The minor recent change will only cost new borrowers about $1 per month for every $100,000 borrowed. Average U.S. interest rates for 30-year fixed rate mortgages were at 6.33% as of this week. Last month at this time, they were sitting at 6.31%.