Thursday, April 23, 2009

Creeping up

Have we hit bottom?

No idea.

Are moving in the right direction. Yes.

According the latest home sales figures from the Florida Association of Realtors and reported in the Herald Tribune the median home price went up in the Manatee/Sarasota county areas in March.

The media home price was up from $144k in February to $150k in March and sales were up 8 percent year over year.

Sure we're down a chunk from last March's median home price but we did rise from last month and inventory of available single family homes continues to drop.

We're not out the woods yet but the continuing drop in inventory and increase in sales, we might just be heading the right way.

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

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