Sarasota and Manatee County Market Statistics - May 2021
May 2021 Sarasota County Real Estate Market Update
May 2021 was a Seller's market! The number of for sale listings was down 77.1% from one year earlier and down 9.1% from the previous month. The number of sold listings increased 90.1% year over year and decreased 13.3% month over month. The number of under contract listings was down 4.5% compared to previous month and up 28.6% compared to previous year. The Months of Inventory based on Closed Sales is 0.6, down 87.4% from the previous year.
The Average Sold Price per Square Footage was down 0.9% compared to previous month and up 55.7% compared to last year. The Median Sold Price increased by 4.3% from last month. The Average Sold Price also decreased by 3% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Appreciating".
The Average Days on Market showed a downward trend, a decrease of 48.4% compared to previous year. The ratio of Sold Price vs. Original List Price is 98%, an increase of 6.5% compared to previous year.
2021 May Sarasota County Home & Condo Statistics
| May 2021 | Change from May 2020 | |
| Average single family home sales price | $597,000 | +51.5% |
| Average condominium sales price | $580,000 | +85.3% |
| List to Sale Price Difference | 99% | +4 |
| Average Days on Market | 33 | -31 |
| Months of Inventory | 0.6 | -87.4% |
| Properties For Sale | 872 | -77.1% |
| Pending Properties | 1,544 | +28.6% |
| Sold Properties | 1,580 | +90.1% |
May 2021 Manatee County Real Estate Market Update
May 2021 was a Seller's market! The number of for sale listings was down 76% from one year earlier and up 8.6% from the previous month. The number of sold listings increased 74.1% year over year and decreased 19.4% month over month. The number of under contract listings was down 2.3% compared to previous month and up 11% compared to previous year. The Months of Inventory based on Closed Sales is 0.5, down 86% from the previous year.
The Average Sold Price per Square Footage was up 2.8% compared to previous month and up 32.3% compared to last year. The Median Sold Price increased by 1.2% from last month. The Average Sold Price also increased by 2.6% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Appreciating".
The Average Days on Market showed a downward trend, a decrease of 56.7% compared to previous year. The ratio of Sold Price vs. Original List Price is 99%, an increase of 5.3% compared to previous year.
May 2021 Manatee County Home & Condo Statistics
| May 2021 | Change from May 2020 | |
| Average single family home sales price | $582,000 | +42.6% |
| Average condominium sales price | $305,000 | +16.9% |
| List to Sale Price Difference | 99% | +2 |
| Days on Market | 29 | -38 |
| Months of Inventory | 0.5 | -79.4% |
| Properties For Sale | 621 | -76% |
| Pending Properties | 1,066 | +11% |
| Sold Properties | 1,074 | +74.1% |
Post a Comment