Seller's Market in Southwest Florida
The inventory for homes remains short in this market, according to the Realtor Association of Sarasota and Manatee. For single-family homes in Sarasota County, inventory is down 1.5 percent from January last year, and up 2.4 percent in Manatee County. Condominium inventory is up in both counties, with Sarasota County up 6.1 percent, while Manatee County saw an increase of 9.6 percent. In total, Sarasota County has a 4.2-month supply of homes on the market and Manatee has a 4.4-month supply. This graph shows that in Sarasota County, there were 2,921 active listings, down 1.5 percent from last year. While inventory is up substantially from December, it is still below levels from last year for both counties.