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Sarasota vs Ft. Myers

Ft. Myers Weather Sarasota County Properties Below are a few charts representing the average sale price of all properties in Sarasota county as well as the median sale price and inventory of active listings. These graphs do a great job showcasing Sarasota County's steady growth over the past 10 years. Average sold prices have gradually worked their way up, the lowest recorded average sale price over this time period was $192,316 in September 2010. Since then the peak average sale price blossomed to $437,063 in November 2017. April 2019 had an average sale price of $382,717 which is pretty consistent from the same time last year when April 2018 reported an average sale price of $381,708. Average sale prices across the state for April 2019 range from $49,500 to $678,166 and Sarasota County falls comfortably in the middle. Inventory of active listings has fallen significantly since 2008, the highest recorded level of active inventory showcased in this chart was February 2008 with 11,633 listings on the market. From this point the decline in inventory continued until reaching 2,985 active listings in August 2015. Active inventory has been building from that point, this past February sarasota county recorded 5,925 active listings which is the most on market listings since January 2012 (6,087). April 2019 recorded 5,502 active listings, a 600 unit jump from April 2018 (4,888). Throughout the state, Sarasota County's active inventory is still on the lower end the highest recorded inventory in April 2019 was 23,036 listings in Miami-Dade County. Lee County's active inventory nearly doubles Sarasota's with a reported 10,735 listings. Lee County Properties Below is a chart representing the average price of all properties for sale and sold in Lee county. Unlike Sarasota, Lee County appears to be all over the chart and a bit harder to nail down. Average active prices have experienced significant growth over the year, August 2016 had an average of $578,000 and one year later has worked its way up to $758,000 with it's peak at $835,000 in June 2017. Average sale prices are a bit scattered and fluctuate pretty substantially from month to month. The largest average differentiation happened over the summer, average sales price peaked at $882,000 in May and drastically dropped in July to $239,000. 



This post first appeared on Sarasota Real Estate News &, please read the originial post: here

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Sarasota vs Ft. Myers

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