Also in August, the median sale price for single-family homes reached the highest recorded prices in both counties since RASM began keeping records in 2008. In Manatee County, median prices increased by 13.6 percent, to $360,000, and Sarasota increased by 17.9 percent to $330,000. Condo prices also increased by 8.8 percent year-over-year to $223,000 in Manatee County, and by 8 percent year-over-year to to $249,495 in Sarasota County. The news comes as mortgage rates are near historic lows.
Record High Prices in Sarasota-Manatee Last Month
Sep 25, 2020