While I focus most of my time on what’s happening in Manatee and Sarasota counties, it’s also important to follow the broader real estate trends. Overall, the real estate market in the United States is seeing significant price increases. Over the past 12 months, average sale prices for homes have risen by 6.8%.
Tag: real estate
One of our newest listings, 6450 Watercrest Way, #301, gives you just that opportunity. Listed at $498,000, this 3 Bedroom 3 Bathroom condo features 2,287 square feet of living space plus a two-car private garage.
Please join us tomorrow (August 5th) for an open house at this lovely property from 1 to 4 PM. Listed at $335,000 and tucked in the private gated enclave of Miramar in Lakewood Ranch you’ll find the perfect maintenance-free home with an expansive view of the 8th hole of Legacy Golf Course. Whether you are looking for a year-round home or a part-time lock-and-leave condominium, you can move into this turnkey unit without having to do a thing.
The Sarasota and Manatee county markets for condos & townhomes are currently moving in lockstep. Both markets are Seller’s markets for condos & townhomes priced below $400,000, Balanced markets for condos & townhomes priced between $400,000 and $600,000, and Buyer’s markets above $600,000.
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.