The Sarasota Florida real estate market is continues to improve month over month from the previous year. Home sales rose in August 2009 beating August 2008 by 20% according to new figures released by the Sarasota Association of Realtors (SAR).
August 2009 Sales in Sarasota up 20 Percent
SAR reported that the 500 level was nearly reached again with 382 homes and 114 condos selling. The summer months encountered a seasonal dip but nothing like what was expected.
Sarasota Inventory Levels Declining
Inventory levels in Sarasota are declining and along with the increased sales Sarasota real estate agents are encouraged that the market seems to be bottoming out. Prices for Sarasota real estate have dropped from their highs of several years ago and…