People Continue to Buy Manatee and Sarasota County Homes on All Cash Deals

People Continue to Buy Manatee and Sarasota County Homes on All Cash Deals

A large number of home buyers in the Manatee-Sarasota County single-family home market, paid in cash. 138 of them. ....

For condos in our area, there were 251 all-cash buyers. This is just in the month of August 2021.

In Manatee County

Existing single-family homes in the Manatee County sold for a median price of $430,000 in August, tying the record set in July.

Prices were up 19.4% from the same month a year ago when the median was $360,000.

The price of townhouses and condos also saw a spike in August, increasing 23% to $275,000 from $223,000 a year ago.

In Sarasota County

The single-family home price in Sarasota was $390,093 in August, an increase of 18.2 percent, from a year ago. In the condo market, Sarasota condos reported a 26.3 percent increase to a median price of $315,000.

Also…. August 2021 marked the fifteenth consecutive month of year-over-year price increases for single-family sales in the Bradenton-Sarasota area.

Photo: Getty Images


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