JUNE REAL ESTATE MARKET UPDATE, 2024 | Prices, Days on market, Volume, New listings, Predictions

Here is your June 2024 Sarasota FLORIDA area real estate market update video!
WHAT is happening with days on the market, sales versus listing price, total dollar volume, overall pricing and more in this end of the month market update.
OH and by the way if you're asking yourself, "what kind of market is my home in now?" among other important market questions, and you own a property in the Manatee, Sarasota or Charlotte County areas, please call on me to discuss. Algorithmic websites like Zillow and Realtor.com do NOT know the market and your home, the upgrades, the view... like a LOCAL PRO would. You can end up leaving a lot of money on the table by not selecting a hyper focused FULL TIME Realtor to advise you and assist in selling your prized home!
NOW down to the STATS for JUNE 2024 - again only talking about Sarasota County single family homes:
- 5 MONTHS of inventory
- 3,239 ACTIVELY listed single family homes for sale
- 932 PENDING homes
- 43 DAYS to contract
- 94.2% SOLD to listing price
- $631M VOLUME total sold
- $743k AVERAGE price
- $530k MEDIAN price
- 353 CASH sales
- 850 TOTAL closings
AND AGAIN please call/text/email me so we can connect, whether you're considering selling or purchasing in the SW Florida region.
SHAYLA TWIT, Star Team Principal
Coldwell Banker Global Luxury
443 John Ringling Blvd Suite F
Sarasota, FL 34236
CALL / TEXT: [phone]
EMAIL: [e-mail]
SEE PROPERTIES FOR SALE in Florida: www.shaylatwit...
#floridarealestate #floridahousingmarket #floridaproperties

[@val058]

the 95-ish% list to sale price is really misleading as it only compares the most recent listing price drop figure to the actual sales price. It completely ignores the initial listing price, Often there are price drops, sometimes multiple ones so this figure in the 90's could in reality be in the 70's if the property were tracked back to the beginning.

[@realshaylatwit]

Completely see the relevance to your comments. Thank you. The original price is relevant to all parties no doubt, albeit it showcases to the market that the original number was too high. So the last listed price compared to selling price will be a great gauge for future sellers (pricing and negotiating) and buyers alike. That’s also how the MLS computes it and therefore utilized in our monthly stats. Appreciate you chiming in- again and have a super day, @val058