Posted on April 28, 2017 - 02:00 PM
by Carolyn Donnelly
According to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, March 2017 proved to show strength in both Sarasota and Manatee County. The combined closed sales for condos and single family homes in the two-county area increased by 6.2 percent from March of 2016.
The inventory of active listings continues to improve over levels last March, up 12 .2 percent in the two-county area. Inventory increased across both counties in March, with single family homes increasing by 13 percent in Sarasota , while condo inventory increased by 18 percent in Sarasota. The month's supply of condos is at 6, indicating a buyer's market, while single family homes remain at a 5.1-month supply.
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Carolyn Donnelly, P.A. Coldwell Banker Res RE
Sarasota & Longboat Key, FL Phone: 941-350-9900