Once again, the real estate sales data released by the Sarasota Association of REALTORS is excellent as property sales topped the 800 total units for the third consecutive month. We are seeing sales data hitting “levels not seen since the 2003-2005 surge.”
Total singled family homes sales reached 591 and 263 condominiums were sold in May, 7.2 percent higher than in May 2011 sales. April 2012 property sales totaled 886, the highest sales volume in seven years. May 2012 was just a little behind April, which was not a surprise as sales normally slow after Sarasota’s seasonal buyers return to other areas of the country.
The report also indicated that pending sales, properties under contract, for May “remained at the very high level of 1,075, almost the
