Sarasota Real Estate – Southwest Florida’s Housing Inventory Continues to Decline Amid Very Active Demand
– The combined inventory of available properties throughout Sarasota, Manatee and Charlotte Counties continued to decline in August; and is now approaching levels more consistent with the property boom of 2004-2006, when limited supplies in the face of very active demand drove prices up.
– Likewise, the combined inventory of properties priced above $1 million is trending at levels a third lower than those experienced at the beginning of the region’s property boom in 2004.
– With prices currently ticking-up in many price ranges, contact an agent from Michael Saunders & Company to find out how much your home is worth in today’s very active market. This could be your time to sell.