Friday, January 10, 2014

Manatee County 2013 Real Estate Statistics

2013 was a year of continued sustainable growth in the Manatee County FL real estate market.

Manatee County includes the well known cities of Bradenton, Lakewood Ranch, Palmetto, Parrish, and Ellenton.  The 2013 median sales price of single family homes increased to $215,000, an 18% increase over 2012's $182,000 median sales price.

Condos in Manatee County fared slightly better, with a 21% increase in 2013 and a median sales price of $127,500.

Interestingly, Manatee County's median single family price was higher than Sarasota County for 2013.  While Sarasota is generally considered slightly more expensive than Manatee, the Manatee number likely was bolstered by a flurry of new home construction at higher price points.

The numbers are reversed for condos.  Sarasota had a higher median sales price than Manatee County at $165,500, while the median sales price for Sarasota condos only increased 10% over 2012.

Please visit my real estate website for 10 year sales trends:

http://www.davidbarrhomes.com/#!real-estate-prices-sarasota/c198a

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