• Combined sales of single-family homes and condominiums throughout Sarasota, Manatee and Charlotte Counties during the month of December were up nearly 18% compared with November; and by 1.6% compared with last December. • The overall inventory of properties is up by 10.3% compared with a year ago. There is currently a 5.1-month combined inventory of homes and condominiums based on November’s rate of closed sales. This is up from the 4.7-month inventory of a year ago as the market continues to trend toward the ideal balance of a 6-month supply. • Single-family home sales were up by 17.6% over November; but rose by only 1.9% compared with last year. The overall inventory of single family homes has risen by 19.4% compared with a year ago. To continue reading the Market Trend report for December, please click on the image below:
