FO U RTH QUARTER 2022
TRI-COUNTY MARKET INSIGHTS
Market Report
• While inventory steadily climbed throughout 2022, from a 0.8-month to 2-month supply for single-family homes and 0.8 to 1.6-month supply for condominiums, it remained in a seller’s market for the year (less than 3 months of inventory). • Active listings surged, with single-family homes for sale climbing nearly 100% and condominiums increasing 22% for the year. • Fewer homes were sold in 2022, with single-family sales falling 20% and condominium sales dropping 27%; pending sales in both categories also went down. • While average days on market decreased by 12% for single-family homes and 29% for condominiums for the year, there was an upward trend in days on market during the second half of 2022.
TRI-COUNTY SARASOTA · MANATEE · CHARLOTTE
INDUSTRY-LEADING SALES As a member of Leading Real Estate Companies of the World,® Michael Saunders & Company is a global — not just local — real estate company working on your behalf. In 2021, LeadingRE’s invitation-only network was responsible for $405 billion in annual home sales volume among the top 500 U.S. real estate firms.
NETWORKS, FRANCHISES & COMPANIES
2021 U.S. HOME SALES VOLUME AMONG THE TOP 500 U.S. REAL ESTATE FIRMS.
LeadingRE
Keller Williams
$405 $353
Coldwell Banker Compass
$317
$251
Berkshire Hathway HS Exp Realty
$139
$132
Sotheby's International
$115
Remax Century 21 Homesmart International
$113 $39
$35
Volume shown in billions of dollars. For informational purposes only. In compiling this report, LeadingRE relies on third party sources. The information set forth in the chart is sourced from REAL Trends Top 500 for 2021, realtrends.com. Neither LeadingRE nor its member companies are responsible for the accuracy of third-party data presented here in.