The Sarasota Association of REALTORS just published our monthly sales data. Once again the Sarasota real estate market sales hit another high in March of 2012. Property sales totaled 831 units. We have not seen that level since September 2005. Pending sales of properties that went under contract during March reached “the highest level in 12 months” which is a good indicator of future sales for the next few months.
SAR President Laura Benson said:
“This is amazing news, and our local brokers and agents should be extremely proud of all their hard work and diligence, helping buyers and sellers make their dreams come true. The strength that the Sarasota market has demonstrated in the past few months has been remarkable, and I'm looking forward to a…
The Sarasota Association of Realtors® released data yesterday showing Sarasota real estate sales jumped by 8.2 percent to 8,224 in 2011. This is the highest level since 2005. “The surge in sales was accompanied by stabilization in the median sale prices, which now stand at $155,925 for single family homes and $156,800 for condos over the full year, and have not fluctuated much for the past 12 months.”
Real estate is local and the Sarasota, Florida area is the considered the “place to be” by many homebuyers. “For the overall year of 2011, the resurgence in sales was dramatic, and represents a 44 percent increase over the low point of the downturn in 2008, when only 5,820 properties changed hands.”
New SAR President Laura Benson said "This is really…
