Sarasota Bradenton Real Estate
There were 3,538 homes available for sale in the Manatee MLS in December 2011; 497 homes sold, and 550 homes went to pending status in the same month.
We had just a smidgen over 7 months of inventory available– great news for the market. Inventory is down… it’s a good time to sell, and a great time to buy. Prices are still very reasonable, and mortgage rates are historically low. Good times!
A total of 1,167 residential units were reported sold in Manatee and Sarasota Counties by the MFRMLS in August 2011. The majority (64%) of those were under $200,000; however, the $200,000 to $500,00 range made up another 30% of the sales.
High-end property sales slowed a bit– just 17 properties above $1 million closed in August . Those home sales are heavily influenced by the performance of the stock market, and its recent unsteadiness has contributed to that drop.
