See article below from Fox Business regarding sales of existing homes down due to lack of inventory.
Related, prices of new construction is very high due to shortages – construction materials and labor.
Please feel to contact us to learn more about the local new construction market; we have built 3 new homes ourselves (most recently in 2021), and have assisted many customers in building new homes (and currently doing so).
Related, having been a Sarasota County Planning Commissioner I can speak to the local codes and the pro’s/con’s of new construction vs. existing homes. This is a complex issue with a lot to think about!