According to TrendGraphix there is only 1.5 months of inventory under $600,000 in the Sarasota and Manatee Counties area. What does this mean?
Sellers, please note that this is a terrific time to list your home. Priced right in this range and you can expect multiple offers. It may also mean that this is the perfect time to move up. So a seller can finally transition into a buyer easily.
Buyers - expect to be competitive. If you're thinking of low-balling a property under $250,000 you can expect to be shut out of the game. It is highly competitive and if you'll need to be assertive with terms as well as price.
TeamWorks Real Estate can assist you with your buy and your sell. We'll give you up to the minute hyper local market conditions on home values in our area.
Contact us at 941.779.5149; visit TeamWorksRealEstate.com or email contact@mytwre.com.
More to follow!
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