The median sales price of listed single-family homes in July was $250,000,  the highest since December 2009, according to the most recent multiple listings report from the Manatee Association of Realtors. The median price of condominiums sold, $121,500, is at the highest point since September 2010. That statistic is just one of several positive developments evident in the  association’s July report.

There are 2,729 homes for sale, which is the lowest number for at  least three years — a sign that demand is catching up with supply.

But these good news might not last for long – as there is still plenty of “shadow inventory” of bank-owned homes and homes waiting to go into  foreclosure which will sooner or later flood the market.

So if you are thinking of selling your home now is a good time to get started.