While the luxury single family home market ($1M+ homes) is more of a buyer’s market in Sarasota County this year than last, it is improving for sellers in Manatee County. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.
Offered at $1,799,000, this 4,369 square foot three-bedroom, five-bathroom home with four-car garage sits on an acre lot. Surrounded by exquisite natural beauty of century old oak trees and impressive pines in the gates of Concession Golf Club, this professionally-furnished model home is available for immediate move-in.
We saw mortgage rates drop a little bit more in the last 30 days. The most recent decrease will save new borrowers an additional $5.81 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 4.07% as of this week. Last month at this time, they were sitting at 4.17%. We have seen a slow and steady decline since November.
Located in the sought-after Belleisle neighborhood of Lakewood Ranch’s exclusive Country Club East, this two-bedroom, two-bathroom home has 1,792 square feet of living space and a two-car garage. Listed at $434,000, this home features the best of Florida living.
Listed at $447,500, this four-bedroom, four-bathroom home features 2,607 square feet of living space and a three-car garage. This lovely home features casual and relaxed living with tranquil lake views. If you are looking for a home with plenty of space for family and friends, look no further.