As Reported by the Sarasota Association of Realtors
Home sales once again top 500 in Sarasota market
Overall home sales in the Sarasota real estate market exceeded 500 for the second time since June 2008, inventory levels dropped, and the median sale price for both single family and condominiums stabilized in May 2009. These statistics all point toward a normalization and moderation of the market following a more volatile period during the past two years. Read the entire report
Pending sales soar to 981 in April 2009; sales top 500 mark for first time in 11 months
According to the Sarasota Association of Realtors in their April Report
The number of properties reported pending skyrocketed to 981 in April 2009 in the Sarasota real estate market, the highest since the boom years of local real estate in the 2003-2005 period and topping the previous month by 21 percent. Overall sales climbed over the 500 level – the first time since June 2008 – and the median sale price for both single family and condominiums rose above the March 2009 figure. This continued a recent upward trend for prices, which could mean the market doldrums have finally subsided. Read the entire report
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