Sarasota Real Estate Update: Market Crash? [July 2021]

Welcome back to another Sarasota real estate market update for July 2021

We will take a deep dive into the statistics of our current housing market and answer these questions throughout the video…

1.) What is the average cost of a home in Sarasota?
2.) How many homes sold in Sarasota?
3.) Current housing inventory
4.) New construction homes in Sarasota
5.) Why new construction sales have stopped

00:00 Intro
01:04 Current average housing prices
01:35 Average days on market & Inventory
02:15 Number of closed residential sales in Sarasota county
02:53 New home lot prices
03:37 New construction waitlist in Sarasota and build time
04:00 New construction expectations (What you need to know)
04:35 Sarasota County real estate market forecast
06:58 Final words

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