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.