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 will give you a good idea of what to expect.
Tag: real estate
Although the luxury single family home market ($1M+ homes) is better balanced this year than last in Sarasota County, it is still a strong buyer’s market. In Manatee County, it is even a stronger buyer’s market 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.
Here is your opportunity to move in to Lakewood Ranch newest village, Lakehouse Cove in Waterside, without going through the process of building. This three-bedroom, three-bathroom home features 2,779 square feet of living space and a three-car garage. Listed at $987,000, this home is available now for immediate occupancy.
The real estate market for townhomes and condos in both Manatee and Sarasota counties was great for sellers in the first half of 2018. Between the two counties, almost $1.3 billion worth of homes sold from January through June. The table below shows some of the highlights from the first half of this year.
This three bedroom, three bath home is now available. It features 2,221 square feet of living space and a two-car garage. Listed at only $357,000, this recently renovated home is bright and airy and boasts the coveted Endless Summer wide-open floor plan that is both spacious and functional.