Managing Price Decreases in Today’s Sarasota Manatee Market


For many sellers across the Southwest Gulf Coast of Florida, memories of the red-hot market just a few years ago are still fresh. Homes seemed to sell overnight, often with multiple offers, and sellers could confidently expect top dollar. Today’s market, however, tells a different story. While demand for our coastal lifestyle remains strong, pricing dynamics have shifted, and adjusting to those shifts is key to achieving a successful sale.


One of the most common mistakes sellers make is waiting too long to reduce their asking price. This “chasing the market down” effect happens when a seller holds onto yesterday’s values, slowly agreeing to small decreases only after buyers have…

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