Michael Herschberger P.A realtor with Keller Williams Realty

07/10/2023

Sales aren’t as fast as before, but prices still near record highsDe

06/22/2023

May 2023 SRQ and Manatee Residential and condo sales stats

Click here for the May 2023 Press Release and Statistics. SARASOTA, Fla. (June 22, 2023) – Despite the persistence of higher home prices and interest rates, buyer demand is still present in the Sarasota and Manatee housing market. According to data from Florida REALTORS® and compiled by the REALT...

03/30/2023

Jan. prices rose 3.8% compared to 5.6% in Dec., in part due to up-and-down mortgage rates. But Miami ranked No. 1 with a 13.8% jump, with Tampa No. 2 at 10.5%.

03/30/2023

Our state continues to be in high demand!

In Feb., the number of buyers searching listings outside their state dropped 3.6% year-to-year – but those looking locally fell 14.4%. 5 Fla. metros are top go-to spots.

03/02/2023

Jan. pending sales rose 8.1% month-to-month as mortgage rates fell and affordability increased; however, pending sales were still down 24.1% year-to-year.

03/02/2023

The FHFA House Price Index in 4Q 2022 found an 8.4% year-to-year rise – but 20.1% in top-ranking Bradenton. Of 100 metros, none in Fla. was lower than 31.

01/30/2023

While the phrase “not out of the woods yet” is still used, Redfin economists say the market probably hit its cycle-low trough the second week of Nov. 2022.

01/30/2023

Pending home sales rose for the first time in six consecutive months, thanks in part to lower interest rates. Economist Yun says home sales’ low point “is likely over.”

09/21/2022

Monthly figures show housing market is leveling out.

Click here for the August 2022 Press Release and Statistics. SARASOTA, Fla. (September 21, 2022) – For the second month in a row, the months’ supply of inventory for single-family homes is at a supply of 2 months or more in Sarasota and Manatee counties. According to data from Florida REALTORS®...

04/27/2022

Survey: Buyer traffic continues to outpace supply. Realtors report about 5 offers were made on each home sold in March; 57% of buyers offered above list price.

12/22/2021

Click here for the November 2021 Press Release and Statistics. The December 2021 stats will be released on January 20. SARASOTA, Fla. (December 22, 2021) – Rising home prices have yet to slow down with November 2021 marking the highest recorded median prices in the two-county area. According to da...