Tagged : sarasota houses

Sarasota Real Estate Market Update

Tuesday, February 2nd, 2010 at 8:16am. 112 Views, 0 Comments.

Here are the inventory, sales and pending sales figures for the last 3 years for Sarasota county ending December 2009. Inventories have declined nicely. Compared to 3 years ago inventory levels are down 42%, sales are up 84%, and lending sales are up a whopping 121%. Sarasota houses are selling and the number of options for buyers are dwindling. 

If we can help you buy or sell a home in Sarasota give us a call at 941.812.6272.

November sales stats for Sarasota real estate market

Shayla Twit

Wednesday, December 16th, 2009 at 9:48am. 102 Views, 0 Comments.

Here are the highlights:

*  SALES IN NOV WERE 86% HIGHER than Nov 2008!!

*  Total sales came in at 578, versus only 311 sales in Nov 2008

*  It consisted of 417 single family homes and 161 condos sold

*  Number of Pending units is very strong, which is a great indicator for a solid start to 2010

*  With the extension of the tax credit, in addition to the still low interest rates, it is a great time to BUY

*  Median sales price for a single family home is now at $161,500, up from Oct's figure of $151,000

*  On the flip side, median condo sales prices have been inconsistent.  In my opinion probably in large part due to financing

*  In any case, median condo sales prices for Nov were $178,750... down from $220,000 just the month prior

*  Bank-owned and short-sale…