The June 2012 Trendgraphix report for Sarasota and Manatee counties show overall there is only a four month supply of single family homes on the market.
A more tell tale for the market is the statistic showing under $300,000 there is only a two month supply of single family homes for sale. On top of that all the indicators show a stable market in our area for the past four months.
If homes are priced right we are no longer in the era of asking seller's to drop prices to keep up with the declining market. Home prices are increasing.
For the buyers who continue to sit on the sidelines again, we have passed bottom and are now on the upswing.
All the best
Greg Owens P.A.
TeamWorks/Keller Williams On the Water