August 2010 Sarasota Real Estate Sales Rebound
Sales data just released from the Sarasota Board of Realtors show more positive signs than last months numbers. After a disappointing July, the Sarasota real estate market rebounded in August 2010. Sales were up nicely – 8% over July 2010 In addition, sales were up 14.3% compared to August 2009.
Total property sales this August totaled 567. “This compared to 525 sales in July 2010 and 496 sales in August 2009.” In August, 408 single family home sold. The median price reported was $154,500. Last month the median price was $155,000. In August 2009, the price was also $155,000.
Condos sales totaled 159 in August. The median price rose by 22 percent to $155,000 from July’s figure of $127,000. “For the last…