Taking a look at 2021, there is so much to be grateful for as evidence indicates another promising year ahead. We had a record year of sales that can be contributed to a strong seller’s market and high buyer demand. As we review the fourth quarter of last year, inventory moved steadily off the market despite the slight uptick of mortgage rates and what felt like a lack of inventory.
According to Drayton Saunders, President of Michael Saunders & Company, Q4 and the beginning of 2022 shows us there are three key trends to be mindful of moving through the rest of Q1, which are pace, readiness and ability to navigate the market.
Watch as he discusses the essential information and insight of last quarter and prepares sellers and buyers with what they need to know to be successful in the year ahead.
Read the All Price Point Market Update here
Read the Luxury Market Update here
Across our region
Inventory will continue to flow onto the market as we wrap up the first quarter, and likely move off the market as quickly as it did from October through December. For sellers and buyers, it is crucial to choose an agent who provides exceptional services and resources. Pace is going to continue to be influenced by appreciation as it was last year, further driving a strong market. Being competitive and prepared when you come to market will make all the difference in your results when you are ready to sell or purchase, whether the market is high or low.
In all, 2021 was our most outstanding year on record reaching $4.79 billion in sales volume and again positioning Michael Saunders & Company as the unrivaled market leader across the tri-county area. We thank our customers for their continued trust and our sales associates for providing exceptional experiences. Sarasota, Manatee and Charlotte counties continue to be desirable destinations for travelers and interested buyers looking to call our region home. We have further elevated our commitment to helping customers with new tools and resources at the disposal of our agents and services. We are confident 2022 is going to be another strong year in real estate and we are always available to help. Nowhere but here.