North Port-Sarasota-Bradenton Housing Market Conditions
The Gulf Coast is sitting well for new home sales. This market is enduring higher mortgage rates like the rest of the nation but it is not feeling the substantial impact that other markets are facing. The decline in affordability and increased prices have slowed some sales but high-end luxury new homes are doing well. With a stable inventory, there are great options in the price range of $300k to $500k. This housing market is staying the course that will see more new homes for sale in the Gulf Coast of Florida throughout 2023.
Low unemployment, excellent weather, and a promising job market offers a great quality of life. Find builders buying down rates due to a high inventory. New home buyers reap the rewards.
Things to Do in Sarasota Bradenton, FL
Sarasota-Bradenton, FL, is renowned for its sunny beaches and outdoor recreation. For water sports and activities you can head to Island Jet Ski Tours & Rentals, they offer everything from kayaks, paddle boards, jet skis, and boat rides. Their sunset tour is a can't-miss adventure. Paradise Boat Tours is another boating heaven where you can explore the wildlife water gateways, %95 of their trips see dolphins. For a unique sea adventure that can only be experienced in very few cities in the world, you can take a 45-minute bus to CPonies. It offers horseback riding adventures on the beach where you can swim with horses.
Industries in the Sarasota Bradenton Area
The economy of Sarasota is one of the main reasons people would do anything to relocate to the city. Their future job growth in the next ten years is way above the U.S average. The largest industry in Sarasota that is responsible for the majority of the city's economic growth is Retail Trade. It employs hundreds of thousands of people. The highest paying industries are Utilities, Finance, Insurance, and Public Administration.
Homebuilders in Sarasota Bradenton
Most of the country's top home builders and remodelers lover doing business in Sarasota due to the high demand in real estate. Top builders include KB Home, Pulte Homes, Edenbridge Inc, Denova Homes, Lennar.
School Districts in the Sarasota BradentonArea
There are two major A-rated school districts in Sarasota-Bradenton that offer a wide range of educational facilities and top-ranked schools. The first district is the Sarasota County Schools, and the second is Manatee County School District. Schools in these two districts offer the highest standards of safety for your kids.
Use NewHomeSource to explore the entire real estate market in Sarasota Bradenton. Your new dream home is just a click away.
Popular Housing Developments in Sarasota Bradenton, FL
Market Overview: New Construction Homes in Sarasota Bradenton, FL
Here is a quick overview of new housing developments in the Sarasota Bradenton area and the new construction market for new build homes in Sarasota Bradenton:
| Market Name | Sarasota Bradenton |
| State Name | Florida |
| Subdivisions | 213 |
| Homes Under Construction | 770 |
| Quick Move-in Homes | 1,150 |
| Floor Plans | 1,357 |
| Starting Price | $229,999 |
| Average Price | $636,076 |
| Price Per SqFt | $257 |
| New Home Builders | 44 |
| Leading Builders | - Wellen Park
- Lennar
- Neal Communities
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