Market Stats for Bradenton and Sarasota

Below are the latest housing statistics for Manatee and Sarasota County.  This could this be the beginning of a market correction.               

The average time a home in Sarasota and Manatee Counties is listed before going under contract is 50 days.
The average home sales price In Sarasota County has decreased to $350,055, and the inventory has increased by 13%. In Manatee County, the average sales price has decreased to $338,860 and the inventory has increased by 10.5%.
For full reports, click on the links below.
http://sarasotamanateerealtors.com/wp-content/uploads/2017/04/Sarasota-County_Single-Family-Homes_2017-03_Summary.pdf
http://sarasotamanateerealtors.com/wp-content/uploads/2017/04/Manatee-County_Single-Family-Homes_2017-03_Summary.pdf
http://sarasotamanateerealtors.com/wp-content/uploads/2017/04/Sarasota-County_Townhouses-and-Condos_2017-03_Summary.pdf?
http://sarasotamanateerealtors.com/wp-content/uploads/2017/04/Manatee-County_Townhouses-and-Condos_2017-03_Summary.pdf