20 | Michael Saunders & Company
Instead, at $205,000 it is currently 11% less, which is ample evidence that prices have
remained within reason despite the huge demand for properties, and proves that
persistence has paid off for buyers who searched for properties during this protracted
period of low inventory.
Home buyers with their sights set on new construction have much to cheer about as
well. Since last year, there are several more new home and condominium communities
to choose from, offering a smorgasboard of lifestyles, neighborhoods and living
accommodations. The area's most reputable builders and developers have recaptured their
stride and are now capable of delivering new homes and condominiums in the expected
time frame for quality new construction.
Visit MichaelSaunders.com for the latest rundown on all the new homes communities
now being sold — or accepting advance reservations — throughout Sarasota, Manatee and
Charlotte Counties.
Meanwhile, existing properties are selling well at all price levels. Compared with this
time last year, sales in the $500,000 to $1 million market are up 12.5%. The $1 million-
and-up market is up 13.2% and the $2 million-and-up market is up 71.4% (Source:
Trendgraphix).
To learn more about Southwest Florida's many coastal lifestyles—or the specific market
conditions in a neighborhood or community of interest — visit MichaelSaunders.com, or
contact an agent from Michael Saunders & Company.
The $1 million-and-up market is up 13.2%.
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