Q3 2022 July Market Outlook | Sarasota-Manatee
After two years of unprecedented growth in sales and rising prices, the market has shifted. Odds are you already know the market has slowed, but you want to know where the market is headed for the remainder of 2022.
Though nobody can predict the future, we can make an educated projection based on our knowledge of the immediate past and the market dynamics driving the Sarasota market. When I say “immediate past” I mean the past 60 days. The market shifted in mid-April 2022 (Easter). We are no longer in a frenzied boom market nationally or locally, but Florida and more specifically Sarasota are better positioned to weather the shift than much of the country.
Our goal is to provide you with insight and advice so you can make better decisions in your real estate investments. We encourage you to take a few minutes to digest the data and corresponding perspectives within.
If you’re considering a move and would like to discuss detailed information about market trends in your neighborhood with an experienced professional, please contact me for a confidential consultation; I look forward to discussing your real estate goals with you.