dwellingwell.com

I was looking back on some of my blog posts and enjoyed reading this one from July of 2015 - 'What Do These 10 Water Views Cost?' and thought I would write something similar five years later. For some, prices are not surprising but, for others the waterfront home and condo prices can be shocking. If you look at our most recent Sarasota real estate market statistics you will see that the average home price is $443,000 and the average condo price is $346,000. If you are interested in living on the water click here to view what is currently for sale - waterfront homes for sale.

All 2020 sales in Sarasota/Bradenton over $4,000,000 Below are statistics for January 1 - August 6, 2019 home and condo sales for Sarasota and Manatee counties. Below are statistics for January 1 - August 6, 2020 home and condo sales for Sarasota and Manatee counties. Despite Covid-19, Sarasota and Manatee counties boasted 58 sales of homes and condos above $3,000,000 this year. Click on the following link to see a list of all homes and condos for sale in Sarasota/Bradenton $3,000,000 and up - Luxury Properties.

It was hard to predict 5 months ago what the market would be like today and if home prices would start to pull back, but as of right now prices are not likely going to drop in our area or throughout the state of Florida due to the housing inventory shortage. To show how low our inventory has gotten, we've compiled a graph showcasing the number of listings for sale, pending and sold over the last 15 years for Sarasota and Manatee Counties combined. As of June 2020, Sarasota County had 3,448 Active listings (3.2 months of inventory) and Manatee County had 2,346 Active listings (3.0 months of inventory). There is no doubt that between the pandemic, a volatile stock market, an uncertain economic outlook and a heated election year Sellers are keeping their properties off the market and, inadvertently, driving inventory levels lower.

Ranking 2nd on Realtor.com's list of Best Beach Towns for Retirement, Venice was the top Florida city to make the list and and offered the most affordable median list price of all 10 cities on the list. From the peaceful dunes of Cape Cod and the warm waters of the Gulf of Mexico to the wild cliffs of the Pacific Northwest, Realtor.com pinpointed the top 10 affordable beach towns and cities across the United States where retirees can kick back. To come up with this list, the data experts at Realtor.com looked at more than 1,300 towns on the water, pulled off the places that are located on lakes or rivers The ranking was based on the population of residents aged 55 and over per capita (the higher the better, we say), affordability based on median list price, access to hospitals and other health care facilities, the number of amenities like golf courses (for low-impact exercise) and country clubs (for the social scene), as well as marinas and water-recreation businesses like boating and fishing, for that all-around beach town experience.