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Welcome to The Griffin Real Estate Market Update.
If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.
According to Stellar MLS, the marketplace for Manatee residential properties,
here’s what happened in November 2021 versus October 2021:
The Number of SOLD listings decreased by 8% to 706 properties with a top sale of
$6.395 million at 6553 GULFSIDE RD in LONGBOAT KEY.
The Average Sales Price increased by 5% to $550000 moving the Average Price Per Square
Foot up to $279 per square foot.
The inventory of properties available for sale as measured in months supply had no change
with to 1 months worth of properties for sale.
The average 30 year fixed mortgage rate had no change with to 3.24% according to Bank Rate.com.
Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.
Manatee
Average Sales Price
October 2021 – $521112
November 2021 – $549722
5% up
Average Days On Market
October 2021 – 17
November 2021 – 19
12% up
Average Sale Price Per Square Foot
October 2021 – $261
November 2021 – $279
7% up
Sale to List Price Ratio
October 2021 – 100.32%
November 2021 – 100.00%
0% no change
Number of Sold Listings
October 2021 – 769
November 2021 – 706
8% down
Months Supply of Inventory
October 2021 – 1
November 2021 – 1
0% no change
Mortgage Rate
October 2021 – 3.24%
November 2021 – 3.24%
0% no change
Top 10 Sales
- $6395000 6553 GULFSIDE RD LONGBOAT KEY, MA
- $5995000 883 N SHORE DR ANNA MARIA, MA
- $5500000 839 N SHORE DR ANNA MARIA, MA
- $3450000 7031 PORTMARNOCK PL LAKEWOOD RANCH, MA
- $3250000 5005 GULF OF MEXICO DR Unit#6 LONGBOAT KEY, MA
- $2825000 2209 AVENUE C BRADENTON BEACH, MA
- $2750000 12552 HIGHFIELD CIR LAKEWOOD RANCH, MA
- $2615000 142 CRESCENT DR ANNA MARIA, MA
- $2615000 140 CRESCENT DR ANNA MARIA, MA
- $2160000 520 77TH ST HOLMES BEACH, MA
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