Nokomis is a community in Sarasota County comprised of salt water canals leading into the Intracoastal Waterway as well areas inland with suitable acreage for horses. Situated almost in the center of Sarasota County, Nokomis is primarily a residential area which also includes the barrier island of Casey Key, directly on the Gulf of Mexico.
February Property sales in Nokomis were 30, down -6.3% from 32 in February of 2015 and -16.7% lower than the 36 sales last month. February 2016 sales were at their lowest level compared to February of 2015 and 2014. February YTD sales of 66 are running 3.1% ahead of last year's year-to-date sales of 64.
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 67, down -36.2% from 105 days last month and down -10.7% from 75 days in February of last year. The February 2016 DOM was at its lowest level compared with February of 2015 and 2014.
We are currently in a seller's market. If you or someone you know has been considering selling, call us now to set up a no cost evaluation of your home!