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Mike's Real Estate Market Update: September 17, 2018

Michael Renick

The Key to our success is You!  We understand that.  The strongest aspect of communications is listening...

The Key to our success is You!  We understand that.  The strongest aspect of communications is listening...

Sep 17 5 minutes read

Today's Coverage:  Prices are not showing a consistent rise!  What are the "hot" areas?  What areas are falling behind the rest?  What does that mean to you as a buyer or seller?


Watch and Listen to Mike's Real Estate Market Report

Sarasota County

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $203

Up 3% compared to last month

Up 2.5% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Manatee County

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $179

Up 0.6% compared to last month

Up 3.5% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Longboat Key

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $452

Up 1.8% compared to last month

Up 6.4% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Holmes Beach/Bradenton Beach

August 2018 Average Sold Price per Square Footage is Appreciating*


Average Sold Price per Square Footage in August 2018: $576

Up 52% compared to last month

Up 16.1% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Siesta Key

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $444

Up 3% compared to last month

Down 6.3% compared to last year

 

*Based on 6 month trend - Appreciating/Depreciating/Neutral


Venice

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $174

Up 2.4% compared to last month

Up 10.1% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


City of Sarasota

August 2018 Average Sold Price per Square Footage is Neutral*


Average Sold Price per Square Footage in August 2018: $219

Up 2.8% compared to last month

Down 0.9% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Bradenton

August 2018 Average Sold Price per Square Footage is Appreciating*


Average Sold Price per Square Footage in August 2018: $161

Up 0.6% compared to last month

Up 3.9% compared to last year


*Based on 6 month trend - Appreciating/Depreciating/Neutral


Please let me know what area you would like me to personally prepare for you?

[email protected]

941-400-8735

*********************

To best understand the market, we need to look at the four factors (sales performance, price direction, how much competition, length of time on the market) I have highlighted on our plan below.  When we combine all of these factors for your specific area, you will be fully equipped to negotiate the best deal for you!  Isn't that what it is all about?


Our Current Coverage Plan:

  • First Monday - How long is it taking to get properties sold?  
  • **Second Monday - What trends do we see in area sales?
  • Third Monday - Are local prices rising or falling?
  • Fourth Monday - How much inventory is out there today?
  • Fifth Monday - No Report

** New Monthly Data Released

All reports are published September 2018, based on data available at the end of August 2018, except for the today stats. All reports presented are based on data supplied by the Mid-Florida MLS. The Mid-Florida MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Mid-Florida MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Mike Provides even more Crucial Information for his Buyers and Sellers:


 


 

I would enjoy the opportunity to prepare your personal update:  No Obligation!

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