Condo Inventory Up

Real Estate

BY SRQ DAILY MONDAY BUSINESS EDITION MONDAY MAY 23, 2016

Condo and townhouse inventory in Sarasota County for April was up 25.5 percent from the previous year, as shown by the graph above, according to the Realtor Association of Sarasota and Manatee. Inventory was up by 19.8 percent in Manatee County. But both counties are increasingly seller’s markets, with Sarasota having just a 4.4 month supply of condo and townhouse units based on demand and Manatee having just a 4.5-month supply.

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