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.
Enjoy your day with friends and family!
Here are some great tips regarding protecting your home from the Florida Realtors Association.
Seriously, is it almost Thanksgiving? The real estate market is completely different than this time last year. Everyone is adjusting to new interest rates, most people are kind of just taking a minute (although houses are still selling, there’s just not a whole lot of them on the market.)
The infographic below shows the latest monthly results for the single-family home market in Manatee County.
