Manatee County Home Sales Up 43%
By Louise Bolger – Sun Staff Writer – February 3, 2010
Contrary to what is happening in the rest of the country, South Florida real estate is making a major comeback.
Manatee County Single-Family Home Sales
Manatee County real estate companies sold 43 percent more single family homes in December of 2009 than December of 2008 according to the Florida Association of Realtors.
You can’t even credit the first time buyer tax credit for the increase since the original expiration date was Nov. 30, and it was not extended until early November which was too late for sales that were set to close in December and January.
In addition, median sales prices also went up by about 5 percent to $167,400, with most of the sales activity under $200,000.
Contrary to what is happening in the rest of the country, South Florida real estate is making a major comeback. Manatee County real estate companies sold 43 percent more single family homes in December of 2009 than December of 2008 according to the Florida Association of Realtors. You can’t even credit the first time buyer tax credit for the increase since the original expiration date was Nov. 30, and it was not extended until early November which was too late for sales that were set to close in December and January.
In addition, median sales prices also went up by about 5 percent to $167,400, with most of the sales activity under $200,000.
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