People are Listing – Buyers are Buying

Real Estate Sarasota

Florida Realtors chief economist: More homes are being listed than you think. Despite record-low inventory levels, the reason for current buyer frustrations isn’t “fewer homes coming into the market.” It’s strong buyer demand – so strong that listings don’t stay active very long.

But in the same article, they state the following: “Here in Florida, there were only about 60,000 active listings of homes for resale as of the end of May. That’s a roughly 56% decline from the more than 135,000 homes on the market just one year ago, at the end of May 2020.”

So which is it? Let’s be real – the numbers speak for themselves. It’s still an amazing time to list your home if you’re looking to make a move out of Sarasota to make room for those that are waiting to move into our beautiful area. If you’re on the outside-looking-in, you better have a great REALTOR® that knows this area and the many HOA’s that dot the Sarasota market.

If you’re even thinking of selling, please call me and I’ll be happy to go over all of your options with the current market conditions to get you top dollar on your home/condo/townhome.

Full article here