The luxury single family home market ($1M+ homes) is more of a buyer’s market in both Sarasota County and Manatee County this year than last. 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.
Tag: Lakewood Ranch
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.
This well-appointed Country Club home is set on a premier lot with picturesque lake views in back and golf course views in front. Listed at $575,000, it features three bedrooms, two bathrooms, a two-car garage, and 2,311 square feet.
This three-bedroom, two-bathroom home features 2,201 square feet and a two-car garage. It is oozing curb appeal and charm! This impeccably maintained home is in the maintenance-free Spyglass neighborhood in the gated Lakewood Ranch Country Club.
Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends generally give you a good idea of what to expect.