Sarasota Real Estate Market Crash?

What is the current Sarasota real estate market like in 2021?

Home prices in Sarasota have been on the rise for several years now, increasing by 6%+ year over year. Similar to other parts of the United States, Sarasota continues to see a high demand of buyers, buying homes right when they hit the market. This has caused multiple offer situations and home prices are selling $20,000+ over asking price. Is this going to lead us into a real estate market crash?

In 2020 and 2021 Florida has become an even larger destination state, which is having buyers from all across the country move to Florida. Where is the Sarasota real estate market really going?

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