Home sales rose across Sarasota and Manatee counties in June as inventory shrank, while single-family home prices increased and condo prices declined.
As buyers returned to the market, closed sales increased across both counties for single-family homes and condos while active inventory fell by double digits in every market, according to the REALTOR® Association of Sarasota and Manatee. Median single-family prices increased 8.2% in Sarasota County and 11.4% in Manatee County, while median condo and townhome prices declined 7.5% in Sarasota and 0.9% in Manatee.
“Sellers who priced their homes appropriately were rewarded with faster contracts and stronger offers,” RASM President David Crawford said in a statement…