Manatee and Sarasota Single Family Home Update for November 2011
Manatee and Sarasota Single Family Home Market
Unless otherwise stated, all data in this article comes from Trendgraphix and the My Florida Regional MLS for the product categories and time periods described.
November was a huge month for single family home sales across both counties. Manatee County Single family home sales increased 9.5% over November 2010 while Sarasota County was up 17% over the same period. For the past 12 months, Manatee County single family home sales are up 8.7% over the previous 12 month period while Sarasota single family home sales are up 3.6% for the same period. Both Counties should easily beat all sales records back to and including the year 2006.
While inventory has ticked up some in the past 2 months, levels are still in the historic low range. We will have fewer homes on the market to start this season than we ended with last season.
