Let’s take a look at residential real estate
activity in your area during the month of December.
Sarasota County Real Estate Market Update
December 2021
Homes SOLD 836
Median Sale Price $436,000
Average Days on Market – 20
Available Inventory .6 months
The number of active listings was down 61% from one year earlier and down 24% from the previous month.
This smaller inventory means that buyers that waited to buy may have had a smaller selection of homes to choose from.
The median listing price for the month was just under $600,000.
Compared to last year the average number of days units spent on the market before being sold was down 61%.
This lower number of days may signal a positive trend in the local inventory turnover rate.
The median sale price was just under $440,000.
The number of units sold decreased 20% year over year and held steady month over month.
Fewer sales could indicate an opportunity for buyers to negotiate better terms.
Thanks for watching. I hope you found this video helpful as you gather more information to make smart informed real estate decisions if you’d like more information or assistance please Call or Text me @ 941-993-3125
Larry Brzostek Broker/Associate
Information courtesy of RE/MAX Alliance Group – Sarasota, FL
