A strong market continues in the Sarasota and Manatee area, as indicated by December 2017 statistics released by the Realtor Association of Sarasota and Manatee. Compared to December 2016, combined numbers show an increase in closed sales, median sales price and pending sales. Closed sales for single-family homes in Manatee County increased by 4.1 percent to 511, while Sarasota County increased by 3.6 percent to 639. Sarasota condo sales increased by 9.7 percent to 327; Manatee condo sales increased by 0.5 percent to 221. Pending sales are indicated by the number of listed properties that went under contract during the month. Manatee single-family homes increased by 0.5 percent in pending sales, while Sarasota increased by 4.3 percent. Condo pending sales show improvement in Sarasota with a 26.1 percent increase, however, Manatee County condo pending sales decreased by 9.2 percent. Median sales prices continue to grow in both counties. Additional information and statistics for inventory, new listings and distressed sales, follow the link below.

RASM Statistics