market stats: Hillsborough County Market Stats For June & July - 08/28/08 12:52 AM
Below are the stats for properties that SOLD and closed in June & July for Hillsborough County:
June 2007# of single family homes SOLD = 895Avg SOLD price for SFR = $321,436Median price for SFR = $250,000Average Days On Market = 133# of condos SOLD = 256Avg SOLD price for condos = $218,754Median price for condos = $186,095Average Days On Market = 249
June 2008# of single family homes SOLD = 807Avg SOLD price for SFR = $253,631Median price for SFR = $208,000Average Days On Market = 149# of condos SOLD = 129Avg SOLD price for condos = $171,319Median price for condos = $139,000Average Days On … (4 comments)

market stats: Manatee County Market Stats For June & July - 08/28/08 12:32 AM
Below are the stats for properties that SOLD and closed in June & July for Manatee County:
June 2007
# of single family homes SOLD = 404
Avg SOLD price for SFR = $372,744
Median price for SFR = $297,500
Average Days On Market = 120
# of condos SOLD = 38
Avg SOLD price for condos = $264,893
Median price for condos = $212,500
Average Days On Market = 200
June 2008
# of single family homes SOLD = 397
Avg SOLD price for SFR = $307,825
Median price for SFR = $249,900
Average Days On Market = 126
# of condos SOLD = 52
Avg SOLD price for condos = $275,308
Median price for condos = $160,000
Average Days … (1 comments)

market stats: Local Housing Inventory Has Been Declining - 06/22/08 12:46 AM
Over the past year, the Manatee County housing inventory has slowly been declining.  Excess inventory is starting to get burned off and we are moving in the direction of more "normal" numbers and a "normal" market.  We still have a lot of inventory on hand, but we don't have as many new listings coming on the market each day as we once did.
In June 2007, there were 4,341 Single Family Homes on the market.  Today there are 3,859.  That's about an 11% decline over the past year.
In June 2007, there were 2,047 Condos on the market.  Today there are … (0 comments)

market stats: Manatee County Market Stats For April & May - 06/19/08 01:46 PM
Below are the stats for properties that SOLD and closed in April & May for Manatee County:
May 2007# of single family homes SOLD = 248Avg SOLD price for SFR = $368,228Median price for SFR = $309,500Average Days On Market = 106# of condos SOLD = 81Avg SOLD price for condos = $243,872Median price for condos = $185,000Average Days On Market = 104
May 2008# of single family homes SOLD = 207Avg SOLD price for SFR = $318,821Median price for SFR = $245,000Average Days On Market = 113# of condos SOLD = 86Avg SOLD price for condos = $205,662Median price for condos = $152,000Average Days On … (0 comments)

market stats: Manatee County Market Stats for January - 02/21/08 10:51 PM
Below are the stats for properties that SOLD and closed in January for Manatee County:
Jan 2007# of single family homes SOLD = 135Avg SOLD price for SFR = $345,304Median price for SFR = $279,000# of condos SOLD = 35Avg SOLD price for condos = $319,034Median price for condos = $218,000
Jan 2008# of single family homes SOLD = 149Avg SOLD price for SFR = $314,903Median price for SFR = $245,000# of condos SOLD = 33Avg SOLD price for condos = $282,539Median price for condos = $192,000
As of today, there are:  4,237 SFR Active on the market and 2,036 Condos Active on the market for sale.
To check previous months … (2 comments)

market stats: Manatee County Market Stats for 2006 vs. 2007 - 01/12/08 11:09 PM
Below are the stats for properties that SOLD and closed in 2006 vs. 2007 for Manatee County:
Totals for 2006# of single family homes SOLD = 2,700Avg SOLD price for SFR = $376,548Median price for SFR = $299,000# of condos SOLD = 795Avg SOLD price for condos = $264,928Median price for condos = $200,000
Totals for 2007# of single family homes SOLD = 2,287 Avg SOLD price for SFR = $351,324 (-7% from 2006)Median price for SFR = $280,000 (-4% from 2006)# of condos SOLD = 704Avg SOLD price for condos = $253,419 (-4% from 2006)Median price for condos = $190,000 (-5% from 2006)
To check previous months stats, … (0 comments)

market stats: Manatee County Market Stats for December - 01/12/08 10:55 PM
Below are the stats for properties that SOLD and closed in December for Manatee County:
Dec 2006# of single family homes SOLD = 203Avg SOLD price for SFR = $343,983Median price for SFR = $279,000# of condos SOLD = 55Avg SOLD price for condos = $298,025Median price for condos = $230,000
Dec 2007# of single family homes SOLD = 170Avg SOLD price for SFR = $346,417Median price for SFR = $247,000# of condos SOLD = 59Avg SOLD price for condos = $256,058Median price for condos = $200,000
As of today, there are:  4,182 SFR Active on the market and 1,930 Condos Active on the market for sale.
To check previous months … (0 comments)

market stats: Have housing prices hit bottom in Manatee County? - 01/08/08 01:48 AM
An article in today's Herald Tribune seems to point towards that.  It appears our market has stabalized and is doing fairly well compared to many others in Florida, according to the article.
"Florida's best known economist says the Sarasota-Manatee residential property market bottomed out in September-October and has now stabilized in both price and volume.""Hank Fishkind predicts flat prices for both counties through 2010, as the region chews through excess inventories of new houses and condominiums."
"I'm not seeing any major price declines, and I think volume has stabilized, Fishkind said."
These next few months are typically some of the busiest for our area since the snowbirds … (0 comments)

market stats: Manatee County Market Stats for November - 12/14/07 12:46 PM
Below are the stats for properties that SOLD and closed in November for Manatee County:
Nov 2006# of single family homes SOLD = 204Avg SOLD price for SFR = $349,579Median price for SFR = $276,000# of condos SOLD = 53Avg SOLD price for condos = $230,109Median price for condos = $185,000
Nov 2007# of single family homes SOLD = 171Avg SOLD price for SFR = $293,805Median price for SFR = $260,000# of condos SOLD = 63Avg SOLD price for condos = $246,854Median price for condos = $180,000
As of today, there are:  4,343 SFR Active on the market and 1,997 Condos Active on the market for sale.
To … (0 comments)

market stats: Condo sales are UP 10% from this time last year in Bradenton-Sarasota - 11/29/07 02:24 AM
I was reading the newspaper online this morning, and was happy to see that condo sales have increased 10% from this time last year in the Bradenton-Sarasota market.
It is mentioned in the above article about 3/4 of the way through the article.  Condominium results in Sarasota-Bradenton for both the third quarter and for October are signs of improvement.Last month, condo sales were up 10 percent, from 193 to 212. The median price was down slightly, from $226,000 to $224,000."That's very good news for us, suggestive of a bottoming out in that segment of our market."
From what I remember, we were one of … (0 comments)

market stats: Sarasota-Bradenton home sales tops in state - 11/22/07 12:19 PM
Yes, you read that correctly!!!  Sarasota-Bradenton home sales tops in state!!!
I just read this article in the Herald Tribune and was pretty excited to see this!  I'm glad they at least posted this little bit of good information.  Not all is doom and gloom for the entire state or the entire nation for that matter.  Here are the 5 best and 5 worst markets in Florida for the third quarter.
FIVE BESTSarasota-Bradenton -5%Panama City -8%Gainesville -10%Pensacola -13%West Palm Beach-Boca Raton -15%FIVE WORSTOcala -53%Miami -42%Fort Myers-Cape Coral -39%Orlando -39 %Lakeland-Winter Haven -38%
Sales performance among condominium sales in Sarasota-Bradenton market was also among the … (0 comments)

market stats: Current Market Conditions - 11/09/07 12:09 AM
Here's your chance to get real-time Market Conditions in the area you live in or the area you're interested in buying a home in. 
Sellers:  Simply provide your address and answer a few quick questions about your home such as the number of bedrooms, bathrooms and square footage and a market report will be emailed to you within minutes showing you what homes are for sale around you, what prices they are listed for, the details about each home listed, what homes around you have sold for recently and graphs/charts showing you the difference between list price and sold price.
Buyers:  Simply … (0 comments)

market stats: Aug, Sept & Oct Market Stats - 11/06/07 11:00 PM
Below are the stats for properties that SOLD and closed in Aug, Sept & Oct for Manatee County:
Aug 2006# of single family homes SOLD = 243Avg SOLD price for SFR = $382,915Median price for SFR = $293,000# of condos SOLD = 49Avg SOLD price for condos = $353,915Median price for condos = $199,999
Aug 2007# of single family homes SOLD = 213Avg SOLD price for SFR = $346,447Median price for SFR = $284,905# of condos SOLD = 62Avg SOLD price for condos = $254,344Median price for condos = $189,950
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Sept 2006# of single family homes SOLD = 201Avg SOLD price for SFR = $352,505Median price for … (0 comments)

market stats: Manatee County Market Stats for July - 08/06/07 12:46 AM
Below are the stats for properties that SOLD and closed in July for Manatee County:
July 2006# of single family homes SOLD = 234# of condos SOLD = 49Avg SOLD price for SFR = $372,162Avg SOLD price for condos = $286,861
July 2007# of single family homes SOLD = 182# of condos SOLD = 45Avg SOLD price for SFR = $338,946Avg SOLD price for condos = $204,222
As of today, there is:  4,273 SFR Active on the market and 2,002 Condos Active on the market for sale.
To check previous months stats, click here.
*Information is deemed to be accurate, but is not guaranteed.
(0 comments)

market stats: Manatee County Market Stats 2006 vs 2007 For The First Half Of The Year - 07/14/07 04:38 AM
Here are the Manatee County Stats for the first half of the year for 2006 compared to 2007.  Average days on market are definitely longer, not too unrealistic though.  Days on market seems to be around 90-120 days which is typical of a more normal market.
Prices have come down compared to last year.  Hopefully things will start to pick up again in August or September.  We shall see!!
January 1st thru June 30th.
(0 comments)

market stats: Manatee County Market Stats for June - 07/09/07 12:01 AM
Below are the stats for properties that SOLD and closed in June for Manatee County:
June 2006# of single family homes SOLD = 278# of condos SOLD = 86Avg SOLD price for SFR = $390,958Avg SOLD price for condos = $285,877
June 2007# of single family homes SOLD = 208# of condos SOLD = 43Avg SOLD price for SFR = $348,434Avg SOLD price for condos = $220,431
Inventory is still decreasing at a slow rate, but it is still decreasing.
On June 12th, there were:  4,385 SFR Active on the market and 2,104 Condos Active on the market
As of today, there is:  4,341 SFR Active on the market … (2 comments)

market stats: Hillsborough County SOLD Stats YTD 2006 vs. 2007 - 07/01/07 03:07 AM
Below is a comparison of properties that have SOLD in 2006 versus what SOLD in 2007.  It's amazing isn't it?  With all the bad press about "how bad" the market is, and prices have gone down the toilet....yet....in most cases, the prices are nearly the same! 
The number of sales is down compared to last year, but the average SOLD price is still about the same!  Interesting isn't it?
SFR = Single Family ResidenceYTD = Year To Date
*The above numbers were collected directly from the MLS and are deemed to be accurate, but not guaranteed.
(3 comments)

market stats: Are sellers finally taking a stance and saying NO MORE? Enough is enough? - 06/14/07 12:10 AM
I am hearing stories of more and more sellers that are finally putting their foot down and saying NO MORE!  We are not lowering our prices down anymore and we aren't considering any low-ball offers!  I've had a couple of my buyers submit offers that were low because they wanted to see how motivated the seller was and the sellers refused to even counter, they just rejected the offer.
I think many sellers have finally had it and think enough is enough! 
Take a look at the stats below of what has sold so far this year in Manatee County.  Look at … (8 comments)

market stats: Manatee County Market Stats for May - 06/12/07 02:09 AM
Below are the stats for properties that SOLD and closed in May for Manatee County:
May 2006# of single family homes SOLD = 277# of condos SOLD = 100Avg SOLD price for SFR = $376,053Avg SOLD price for condos = $276,537
May 2007# of single family homes SOLD = 225# of condos SOLD = 78Avg SOLD price for SFR = $368,689Avg SOLD price for condos = $244,976
Less transactions have occurred this year, but not much difference in prices from this year and last year. 
Less than a 2% price drop in single family homes this year from last year, and roughly 11% price drop in condos this year … (0 comments)

market stats: The downturn in the residential real estate market is over in Manatee County - 05/18/07 02:57 AM
An article in today's Herald Tribune confirmed what I have been arguing for the last few months.  Things ARE getting better in Manatee County!!
I have been saying these very same words to everyone that asks me for the past several months.  I started taking note of the MLS activity every day starting on January 1 of this year and the numbers don't lie!  Things have slowly been getting better.
"Hank Fishkind, Florida's premier economist, believes that the downturn in the residential real estate market is over.""I argue that housing has stopped going down," Fishkind said. "It is weak. It is painful, but … (0 comments)

 
Becky Troutt (No longer practicing real estate as of 2008.)

Becky Troutt

Bradenton, FL

More about me…

No longer practicing real estate as of 2008.

Email Me



Links

Archives

RSS 2.0 Feed for this blog