Local home sales plummet in November
An article in today's local paper reports on the softening Manatee Sarasota Market.
The number of existing home sales fell 39 percent in Manatee and Sarasota counties in November, the sharpest drop in the state.
But the median sales price soared toward the $350,000 mark, a 34 percent increase from November 2004.
The Sarasota/Bradenton market remained the fifth-highest priced in the state, according to numbers released by the Florida Association of Realtors.
The trend of more inventory and fewer sales started toward the end of the summer after a four month period of skyrocketing prices and sales that started in March.
Read the whole article here http://www.bradenton.com/mld/bradenton/13512109.htm
An article in today's local paper reports on the softening Manatee Sarasota Market.
The number of existing home sales fell 39 percent in Manatee and Sarasota counties in November, the sharpest drop in the state.
But the median sales price soared toward the $350,000 mark, a 34 percent increase from November 2004.
The Sarasota/Bradenton market remained the fifth-highest priced in the state, according to numbers released by the Florida Association of Realtors.
The trend of more inventory and fewer sales started toward the end of the summer after a four month period of skyrocketing prices and sales that started in March.
Read the whole article here http://www.bradenton.com/mld/bradenton/13512109.htm
posted by Dan Forbes at
10:36 AM
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