Thursday, September 02, 2010

Where the buyers are

In Manatee County you have about 9.5 months of inventory in the overall single family home resale market.

In the past 30 days there were 309 homes sold according to the Mid-Florida Regional MLS.

The highest price was $2.45 million and the lowest was $10,000.

The majority of sales are still in the under $250,000 price range. Of the 309 sales 214 of those were $250,000 or less for the purchase price.

This entry market continues to be the driving force for sales of single family homes.

There is 6.9 months of inventory in the under $250,000.

With the low mortgage rates and the availability of FHA loans this market shows now sign of abating.

All the best
Greg Owens P.A.
Realtor
Keller Williams On the Water
941.932.6343
greg@teamwworksfla.com
www.teamworksfla.com

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