Market Statistics
Sarasota Real Estate Inventory Continues to Decline
The Sarasota Association of Realtors just released the sales statistics for the month of July. The number of units sold was slightly lower than previous months which is typical for this time of year in our area. The other item of note is the inventory of available of properties continues to decline and is now [...]
Read More >>Sarasota Real Estate Sales for June
The Sarasota Association of Realtors report the real estate market continues healthy sales in June 2011!
Members of the Sarasota Association of Realtors® continued to sell properties at a brisk pace in June 2011 with 728 total transactions recorded last month. This marks the fourth month in the last 12 with sales exceeding the 700 level [...]
Sarasota Real Estate Market Continues Strong Spring Surge
A total of 759 property sales were closed in the Sarasota real estate market in April 2011, continuing a strong spring surge that reached the 800 level in March. The recent sales rush has taken the market to the highest levels since the fall of 2005 when sales started to decline. Prices also maintained their [...]
Read More >>Inventory At 6-Year Low In Sarasota Real Estate Market
The number of available properties in the Sarasota real estate market dropped to a six-year low in February 2011, and sales were up 24.2 percent from the previous month. Median sales prices for both single and condominiums dropped as bargain hunters continued to grab foreclosures and short sales, which represented almost 47 percent of all [...]
Read More >>January Stats Show A HUGE Uptick In Activity!
Pending sales in the Sarasota real estate market experienced a major climb in January 2011, from 789 in December 2010 to 1,013 last month for a 28 percent increase. This statistic is a strong indicator for the next two or three months of sales, as pending sales reflect current buyer activity. It was the first [...]
Read More >>Sales Surge in December 2010 and Prices Remain Stable
The Sarasota real estate market saw a big surge in December sales, from 534 in November to 681 last month for a 27.8 percent increase. In addition, the median sales price for both single family homes and condos was up in December 2010, indicating a recovering local real estate market. The property sales breakdown in [...]
Read More >>November ’10 Market Stats: Local Market Enjoys Sales, Prices Rise
November 2010 saw resurgence in the Sarasota real estate market, with more sales and higher median sale prices indicating a healthy seasonal boost. There were 534 total sales reported last month, compared to 487 in October 2010 and 553 in November 2009. The median sale price for single family homes rose to $160,100, from last [...]
Read More >>October ’10 Market Stats – Pending Sales Rise 10 Percent
Pending sales spiked by 10 percent in October 2010 in the Sarasota real estate market, signaling more closings in future months as the season begins in southwest Florida. There were 819 total pending sales reported last month, compared to 744 in September 2010 and 839 in October 2009. Pending sales reflect future closing activity and [...]
Read More >>September 2010 Property Sales Remain Steady
September 2010 looked a lot like August 2010 in the Sarasota real estate market, with sales and prices virtually identical to the previous month. In fact, September 2010 was also virtually identical to September 2009 in overall sales and median prices.
Property sales in September 2010 stood at 547 total sales, compared to 567 last month [...]
August 2010 Sales Up; Prices Remain Stable
The Sarasota real estate market rebounded in August 2010 after an expected slower July, following the expiration of the federal $8,000 homebuyer incentive. Sales were up 8 percent over July 2010, and up 14.3 percent over August 2009.
Property sales in August 2010 stood at 567 total sales. This compared to 525 sales in July 2010 [...]
