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.
This three-bedroom, two-bathroom home features 1,945 square feet and a two-car garage. Listed at only $414,900, you don’t want to miss this one.
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.
The local market for condos and townhomes above $400,000 currently favors buyers. When compared to last year at this time, there has been a significant shift towards a buyer’s market for luxury condos in Sarasota county. While Manatee county hasn’t shifted towards a buyer’s market for luxury condos, the only reason why is that it was already a buyer’s market at this time last year.
We are holding an open house at this three-bedroom, two-bathroom home features 1,945 square feet and a two-car garage on Sunday, February 10th from 1-4PM. You won’t want to miss this special home that is listed at $425,000. To find out more about the property, click this link.
