Property sales in Sarasota and Manatee counties continue to rise at a record-breaking annual rate! With increased sale prices and low inventory, the market is hot and ripe for sellers. If things continue along this path, 2015 will upend 2014’s all-time record for the highest number of sales in the region.
Property Sales & Prices Continue to Rise
The two-county region saw a total of 1,974 closings this month, an increase of 23.5% over last year’s total of 1,600! Sarasota County saw a total of 1,174 closings and Manatee County saw 768. While sales in both counties are down from last month’s figures (1,165 and 875, respectively), they are significantly higher than July 2014’s numbers.