Strong Real Estate Market Continues in Sarasota and Manatee Counties

By | July 30, 2015

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The Realtors Association of Sarasota and Manatee reports that falling inventory didn’t hold back the real estate market in June 2015, as sales continued to push into near-record territory and median sale prices rose in both counties.

Total June sales again topped 2,000 for both counties combined (2,058), pointing toward another potential record-breaking year in 2015. Sales in Sarasota County hit 1,183 in June, one more than in May and 12.9 percent higher than last June. Manatee County saw total sales of 875, above the May figure of 827 and about 24 percent above last June’s level.

Sales levels in both Sarasota and Manatee counties have been at historically high levels for several months, and median sale prices have also been trending upwards. For Sarasota County, the June 2015 single family median sale prices were at $230,000, up 17.9 percent over last June, and at $253,700 in Manatee County, up 3.6 percent in over last June. For condos, Sarasota County recorded a 7.7 percent price rise to $210,000, while Manatee County was up 4.9 percent at $155,000.

To read the full press release and statistical charts visit Realtors Association Sarasota and Manatee

Susan Guice is a Licensed Real Estate Assistant with The Cleary Group in Sarasota.

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