While country wide October is considered one of the best months of the year in home transactions it has been published by experts in the field of real estate that DECEMBER, JANUARY, AND FEBRUARY are all good months to see buyers pull the trigger! Our local agencies report a late flurry of activity in March and April and we do not anticipate anything different. We remain very optimistic and enthusiastic about our local real estate market on Manasota Key through 2016.
In the Fall we reported 25 Active residences for sale and because it is the opportune time to list your home we presently have on Manasota Key 30 Active residences for sale ranging between$449,000 to $5,500,000. There have been 10 sold and closed in last 180 days. There is one pending residence. This remains very positive as in the not too distant past we would have active numbers of 42 + as an average count.
The 10 sold residences ranged between $490,000 and $3,675,000. The high being the highest recorded in some years.
In the vacant parcel update we have 13 Active vacant parcels ranging between $250,000 and $2,500,000. This is higher by two parcels as since last reported the much talked about parcels at the south end of the Key have been relisted. One vacant parcel sold and closed at $1,150,000 since the last report.
The holidays may have quieted the market for a while along with the unusual warmer weather in the northern parts of our country. However, their warm days are coming to a close. The inventories, as like ours of our sister Keys has diminished sizably. This will continue to bring activity from their real estate firms to our Beautiful Manasota Key. Do not hesitate to call and discuss the contents of this article.