Sarasota Real Estate Market Minute June 5, 2020

Victoria and Dave Ranck
Victoria and Dave Ranck
Published on June 6, 2020

Sarasota Real Estate Market Minute
News in 60 Seconds or Less
This is a brief real estate market update for Sarasota and Manatee counties

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
► New Listings Taken
2019 April / May – 2441 / 2324
2020 April / May – 1436 / 1924

► Under Contract
2019 April / May – 2860 / 2585
2020 April / May – 1551 / 2578

► Closed Sales
2019 April / May – 2351 / 2535
2020 April / May – 1691 / 1441

► Home Price Decreases
2019 April / May – 3659 / 2878
2020 April / May – 1704 / 2005

The number of new listings is up over last month, but the most encouraging statistic is the number of homes that went under contract this May. If this trend continues and more homes come on the market, we should see a return to a balanced market. But if demand continues and enough new listings are not taken, we may see a sellers market emerge. Time will tell.

If you want full details on the Sarasota Real Estate Market, download a free copy of our quarterly update:
https://victoriasellssarasota.com/market-update/

#sarasota #sarasotarealetate #realestatemarket #victoriaranck #daveranck

▬ About Victoria and Dave Ranck ▬
We are Realtors in the Sarasota, Lakewood Ranch and Venice areas of sunny Florida.
► Website: https://victoriasellssarasota.com/
► Virtual Home Tours: https://vrgtours.com/
► Email us: https://victoriasellssarasota.com/contact/

▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
► Facebook: https://www.facebook.com/SarasotaRealEstateInfo
► LinkedIn: https://www.linkedin.com/in/victoriaranck/

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