Manatee & Sarasota County Real Estate is on Fire & Setting Price Records
Real Estate Sales Numbers from January 2021 indicate how Hot.... OUR, AREA IS…
According to the Realtor Association of Sarasota and Manatee. Median prices are way up, in all categories... The median price is the exact mid-point for all houses and condos sold.
A year ago, the median time to contract was 41 days. This January, 2021, it was 17 days.
The Numbers by County...
In Manatee County...
Buyers paid a median price of $370,000 for existing single-family houses in Manatee County, up 12 percent from the same month a year ago, an all-time record.
January also saw 25.6 percent increase in the number of houses changing hands: 515 this year, compared to 410 a year prior.
Buyers also turned up the heat in the Bradenton condo and town home market with the median sales price rising 10 percent to $231,000. The Bradenton condo market saw 265 units changing hands in January, a 20.5 percent increase compared to the same month a year ago.
In Sarasota County
The sales of existing single-family homes in Sarasota were up 18 percent in January with 666 sold, compared to 565 a year ago. The median price rose to $340,000, compared to $296,000 a year ago, a 15 percent increase.
Sales of existing town homes and condos in Sarasota rose 32 percent in January with 456 units trading hands, compared to 344 a year ago. The median price of Sarasota condos rose 9 percent to $302,250.