LOCAL INFOMarket Updates December 22, 2022

We’re continuing to see a return to market normalcy …. (Nov 2022 Stats)

“We’re continuing to see a return to market normalcy, where listings are closing sometime between two to two and a half months, and the months’ supply is increasing up to a two-to-three month supply, depending on the region and property type.” “It is too early to tell if prices are beginning to soften, as median and average prices tend to fluctuate month-to-month. Prices remain strong, inventory remains low, and interest rates seem to be settling down”, said Tony Veldkamp, 2022 President of the REALTOR® Association of Sarasota and Manatee”


A return to Market Normalcy …..