The luxury single family home market ($1M+ homes) is more of a seller’s market in Manatee County this year than last; however, it is relatively flat in Sarasota 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 $1,749,000, 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. The Concession features 236 custom homesites over 1,200 acres.
Congrats to Michelle & Mark! We have their home in contract in its first month on the market.
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.
Built in 2017, this 4-bedroom, 3-bathroom home featuring 3,017 square feet is listed at $479,000. Enjoy serene lake views in this model-like gem. The oversized kitchen features solid maple cabinets, quartz countertops, glass tiled backsplash, built-in oven and microwave, walk-in pantry closet, breakfast bar, island, and attached butler’s pantry.