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Tagged : sarasota real estate

Found 5 blog entries tagged as "sarasota real estate".

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…
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Real estate in Sarasota, Florida has continued to sell at a brisk pace in 2011. The Sarasota Association of Realtors® recently issued its August a press release reporting 599 properties sold in July 2011, a 14.3 percent increase from the previous year. In the July 2010 Sarasota real estate market, there were 525 property sales.

Single family home closings totaled 445 and 154 condos sold in July of this year. Four months in 2011, sales have hit the 700 level or above. July marked the fourth month in the previous 12 with sales exceeding 700 units. June sales reached 728 and May sales were the highest at 796 during Sarasota’s busiest selling season. Sales in July, of course, cooled as summer arrived. The Federal homebuyer tax credit which was a selling

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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

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The Sarasota Association of Realtors just released the February 2010 Sarasota real estate stats and property sales were up 49% over February 2009. In addition, pending sales (properties under contract) spiked up to 967, the second highest in the past four years. The pending sales figure at 967 is a strong indicator for the next few months that real estate in Sarasota continues to improve.

Total property sales hit 528 in the Sarasota real estate market in February 2010 continuing to show a recovery in our area. Median sales prices rose for condos according to the report and single family homes were stable.

Distressed property sales are still a significant part of the increase in Sarasota real estate sales. In January and February 2010, distressed

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Now that we've closed the book on 2009, a year many people would like to forget, many real estate experts are making their predictions for 2010. Will 2010 be a good year for the Sarasota real estate market? Nationally, many economists seem to think things will improve.

Laurence Yun, the chief economist for the National Association of Realtors, recently released his predictions for the year ahead.

  • Yun sees a 20 percent increase in sales for the first half of 2010 over 2009 for the same period.
  • Yun expects inventory levels to continue to decline and that we will start seeing increases in home values by mid-year. Mr Yun points out that his predictions are based on mortgage rates staying in the 5 - 5.5% range

The Sarasota real estate market sales data

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