Down goes the prices up goes the sales

The median home price in the Manatee-Sarasota area for October dropped 36 percent year over year.

I know I don't have to say anymore.

According to an article in the Sarasota Herald Tribune the median home price is down to $169,000 in October.

We have not seen that pricing according to the article since May of 2002.

The silver lining in all this. Like I have been saying the lower prices go the more people can afford to get into the market.

Sales were up 3 percent over last year.

Enough said.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.932.6343
greg@teamworksfla.com