Inventory Declined in August

Real Estate

BY SRQ DAILY MONDAY BUSINESS EDITION MONDAY OCT 19, 2015

According to the Realtor Association of Sarasota and Manatee, the inventory of homes fell to a combined 3,303 in Sarasota County and 2,534 in Manatee County, a sign of strong sales. This compares to 3,745 last August in Sarasota County and 2,724 in Manatee County, or declines of 11.8 percent and 7 percent, respectively. When the market reached an equilibrium between buyers and sellers in 2013, there were roughly 5,500 properties for sale in Sarasota County and 5,000 for sale in Manatee County, according to the association.

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