Housing Market Wealth Grows

Homeowners in Sarasota County saw the median sale price increase from $297,000 to $350,000 for single-family homes in December.  That was a year over year increase of 17.8%.  Manatee County saw an increase from $335,000 to $357,900, a 6.8% increase.  The limited inventory of homes for sale and surging demand by buyers driven by historically low mortgage rates is driving home prices to new highs.  For detailed monthly sales data click on Sold Metrics. Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.