sarasota home sales: Home Prices in Sarasota, FL for August 2014 - 10/24/14 11:41 AM
 
 
Home Prices in Sarasota, FL for August  2014
 
Real estate market data for  Sarasota, FL provided by  Keith Kropp of  J Wood Realty
 

Sarasota Area Home Prices and Statistics  
The Sarasota Real Estate Market continues to hum hitting 975 sales for the month of August.  The total sales includes 698 single family homes and 277 condos.  Sales for the first eight months of the year are still ahead of 2013's record sales pace when we had the second highest number of sales in the Sarasota Association of Realtors 91 year history!
 
The median sales price for a single family home was $197,750 … (1 comments)

sarasota home sales: Sarasota Home Sales Exceed 1,000 For The First Time In A Year! - 04/22/14 10:57 AM

 
Sarasota Home Sales Exceed 1,000 For The First Time In A Year!  The Sarasota Real Estate Market continues to hum along at a pace not seen in years.  Repeating the spring surge in sales of the last few years, the Sarasota Real Estate Market appears to be healthy and steady.
The median sales price for single family homes in the Sarasota Real Estate Market for the last year stands at $188,000, about 20 percent higher over the previous year.  For condos, the median sales price was $166,529, about 9.2 percent higher than the previous year.
Specifically, closed sales in … (0 comments)

sarasota home sales: Sarasota Home Sales Remain Steady In February, And That's A Good Sign! - 03/28/14 01:34 PM

 
Sarasota Home Sales Remain Steady In February, And That's A Good Sign!  The Sarasota Real Estate Market is maintaining a regular frequency for both sales and median price.  There were a total of 787 closed sales in February, down slightly from last February, but up slightly from January 2014. 
The median sales price for single family homes has remained stable, but there has been more irregularity in the median price for condos.  The median sales price for single family homes in the Sarasota Real Estate Market was $188,000, an increase of 20 percent over the previous year.  The median … (0 comments)

sarasota home sales: Sarasota Home Sales Off To A Solid Start In 2014! - 02/28/14 01:08 PM

 
 
Sarasota Home Sales Off To A Solid Start In 2014! Following a record breaking year in 2013, home sales were the second highest in the 90 year history of the Sarasota Association of Realtors, the new year sales forecast is looking very strong.
Although January's sales in the Sarasota Real Estate Market were down from December, they were up 10 percent over last January's.  In addition, pending sales (a good indicator of future months sales) were up from previous months indicating a strong sales performance in the coming months.
Other strong indicators for a robust Sarasota Real Estate Market … (0 comments)

sarasota home sales: Sarasota Home Sales For 2013 Reach Second Highest Total On Record. - 01/21/14 12:36 PM
 
Sarasota Home Sales For 2013 Reach Second Highest Total On Record.  The year end totals are in, and the Sarasota Real Estate Market had the second highest number of sales in the history of the Sarasota Association of Realtors.
The total number of properties sold in December in the Sarasota Real Estate Market was 920.  This total included 621 single family homes and 299 condominiums.  Home values are on the increase as well with median sales prices increasing as much as 20 percent year over year for single family homes and 10.1 percent for condominiums.
"Overall, December 2013 was a great … (1 comments)

sarasota home sales: August Sales Show Continuing Strong Market, Sarasota, FL - 10/08/13 08:00 AM
 
August Sales Show Continuing Strong Market, Sarasota, FL  The August sales report came in late this year (probably due to a revision in how the statistics are figured), but August sales continue to indicate a strong real estate market in the Sarasota Area with 957 properties changing hands.
Another positive indication is the continuing increase in values.  The median sales price for a single family home in the Sarasota Real Estate Market in August came in at $195,000.  This represents a 30 percent increase over August of 2012 when the median sales price for a single family home was $150.000.  The median … (0 comments)

sarasota home sales: Sarasota Real Estate Market Continued To Roar In July, Sarasota, FL - 08/21/13 12:33 PM

Sarasota Real Estate Market Continued To Roar In July, Sarasota, FL.  Home sales continued their "hot" streak in the Sarasota Real Estate Market for the month of July with a total of 911 properties sold.  This represents a 30.3 percent increase over July 2012 and a 3.2 percent increase over June 2013.  At the current pace this year still looks to be one of the biggest years in real estate in the 90 year history of the Sarasota Association of Realtors.
Median prices continue to climb and have increased 16 percent over the same time last year.  If this trend continues … (2 comments)

sarasota home sales: Sarasota Real Estate Market Shows Strong Summer Sales In June - 07/26/13 01:25 PM

Sarasota Real Estate Market Shows Strong Summer Sales In June.  Although not a record month, real estate sales in Sarasota remained high during the historically slower summer month of June with 883 total properties sold. Of those sales were 642 single family homes and 241 condos.  Sales in the Sarasota Real Estate Market have increased 13.8 percent over last year.  If this trend continues 2013 will be the second highest sales year in the 90-year history of the Sarasota Association of Realtors.
Pending sales in the Sarasota Real Estate Market at the end of June were 1,024, the sixth month in … (2 comments)

sarasota home sales: Sarasota Real Estate Market Update - It Just Keeps Getting Better! - 04/22/13 12:52 PM

Sarasota Real Estate Market Update - It Just Keeps Getting Better!  Real estate sales in the Sarasota Area continued their hot streak in March with 887 properties changing hands.  This was the biggest selling month for the Sarasota Real Estate Market since August of 2005!
For the record there were 628 single family homes and 259 condos sold in the Sarasota Real Estate Market.  In addition, the median sales prices for single family homes rose to $210,000 and the median condo sales price was $182,000.
Pending sales in the Sarasota Real Estate Market increased to 1,221; not only the highest … (2 comments)

sarasota home sales: Sarasota Real Estate Market Report For July 2012 - 08/20/12 02:02 PM

Sarasota Real Estate Market Report For July 2012.  Sarasota home sales have remained healthy in the dog days of summer.  
Sarasota home sales are historically very seasonal with the summer months being the among the slowest of the year.  While they have cooled off from the heated pace earlier this year, they have continued to remain robust this summer.
The Sarasota Real Estate Market Report For July 2012 shows that there were 699 closed sales.  Of those, 523 were single family homes and 176 were condos.  At the same time pending sales increased to 919.
"The Sarasota real estate market remains … (0 comments)

sarasota home sales: The Sarasota Real Estate Market Is Hot, Hot, Hot!!! - 06/20/12 12:40 PM

The Sarasota Real Estate Market Is Hot, Hot, Hot!!!  The Sarasota real estate market finished the month of May with another hot month of sales.  There were 854 closed transactions, which is the second highest month since September 2005.
Of the 854 closed transactions for the month of May, 591 were single family homes and 263 were condominiums.  Sales for May of 2012 were 7.2 percent higher than the same month last year.  Pending sales (homes under contract, but not closed) remained high at 1,075, the fourth month in a row over 1,000!
"I've spoken to many agents who are having … (2 comments)

sarasota home sales: Sarasota Sales Are Supercalifragilisticexpialidocious In April 2012! - 05/29/12 12:14 PM

Sarasota Sales Are Supercalifragilisticexpedialidocious In April 2012!  At this point in time it seems that the Sarasota real estate market is unstoppable.  Sales for April 2012 reached another seven year high with 886 closed transactions.  This represents the highest number of sales in a one month period since August of 2005.
Of the total closed transactions of 886, there were 589 single family homes sold and 297 condo sales.  Pending sales (properties under contract but not yet closed) continued to remain high at 1,058  This is the third straight month that pending sales have exceeded 1,000.
"We've had an incredible string … (0 comments)

sarasota home sales: Sales Hit Seven-Year High In Sarasota, FL - 04/18/12 02:22 PM
Sales Hit Seven-Year High In Sarasota, FL.  Real estate sales for March 2012 in Sarasota, FL rose to a total of 831 properties, 596 single family homes and 235 condos.  During the same period pending sales, or homes that went under contract, climbed to 1,191.
"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,"  said Sarasota Association of Realtors (SAR) President Laura Benson.  "The strength that the Sarasota market has demonstrated in the past few months has been remarkable, and … (3 comments)

sarasota home sales: Sarasota's February Sales Results Are In . . . Sales Continue Strong and Pending Sales Soar! - 03/17/12 12:14 PM
Sarasota's February Sales Results Are In . . . Sales Continue Strong and Pending Sales Soar!  Pending sales in the Sarasota real estate market rose to 1130 in February representing an eleven month high for homes under contract.  Total property sales in the Sarasota real estate market stood at 591 in February representing a 15 percent increase over January.  The breakdown was 414 for single family homes and 177 for condos.
"I have heard nothing but positive reports from our members about the seasonal surge in our real estate market," said Sarasota Association of Realtors President Laura Benson.  "Sales are up, prices are … (2 comments)

sarasota home sales: New Home Sales Are Exploding In Sarasota Area! - 03/08/12 12:00 PM
 

New Home Sales Are Exploding In Sarasota Area!  Neal Communities, one of Sarasota's premier builders has been busy setting sales records all last year.  They celebrated 376 closings in Lakewood Ranch alone for 2011.  They have just released February's sales figures and report 54 homes were sold.  This is the biggest single month for Neal Communities in the past decade.
Neal Communities is the most successful builder in Lakewood Ranch.  They are currently focusing on Central Park which has been key to their success.  The homes offered start in the low $100s and are perfect for today's market.  From … (0 comments)

sarasota home sales: Sarasota's Pending Sales Jump 38% In January! - 02/17/12 02:34 PM

Sarasota's Pending Sales Jump 38% In January!  The new year in the Sarasota real estate market started off with a bang as the number of pending sales jumped 38% over the previous month to a total of 963 new contracts.  This is a very strong signal that the new year will be even better than last year since the number of pending sales is a forecast of actual sales in the coming months.
Actual closings were down in January, but this lull is to be expected as a kind of hangover from the month of December when most potential buyers and sellers … (0 comments)

sarasota home sales: Sarasota Home Sales Soar In 2011! - 01/13/12 12:44 PM

Sarasota Home Sales Soar In 2011!  Residential sales for 2011 in Sarasota finished the year with an 8.2 percent increase over the previous year, totaling 8,224 sales.  This represents the highest number of sales in the Sarasota real estate market since 2005 during the height of the real estate boom.
The increase in sales as well as the stabilization in pricing shows the continuing growth of Sarasota as a destination, not just for a visit, but for a lifetime.  The dramatic increase in sales for 2011 represents an impressive increase of 44 percent over the number of sales in 2008, the depths of the … (2 comments)

sarasota home sales: Population Growth In Florida On The Move And Sales Are Up! - 12/22/11 03:41 PM
Population Growth In Florida On The Move And Sales Are Up!  Two separate articles in today's Sarasota Herald-Tribune bode well for the Sarasota real estate market.  Most of the sales in Sarasota have been in the under $450,000 range.  In that market there is only a 6.1 month supply of homes, leading to multiple offers in many instances.  Sales in November were up 17% from a year ago.  In addition the median sales price increased 11% from October 2011 to $152,000.  Inventories are expected to increase as banks place more foreclosures on the market, but right now that inventory is desperately needed … (0 comments)

sarasota home sales: Sarasota November 2011 Home Sales Top Last November By 12.7%! - 12/14/11 05:17 PM
Sarasota November 2011 Home Sales Top Last November By 12.7%!  The number of sales in the Sarasota real estate market continues to hum along nicely.  There were 602 sales in November of 2011 which was up 12.7 percent over November 2010.  November 2011 sales were also up over the October number of 577.  With the winter season going into full swing the Sarasota real estate market should continue to be healthy and strong going into the new year.
Recently, Barbara Corcoran of the Today Show spoke very favorably about the Sarasota real estate market as one of the best places to … (0 comments)

sarasota home sales: Sarasota Real Estate Market For October 2011 Beats Last October! - 11/26/11 08:48 AM
Sarasota Real Estate Market For October 2011 Beats Last October!  The total number of real estate sales for the Sarasota real estate market in October 2011 was 577, a considerable improvement over last October's number of 487.  This is an 18.4 percent increase and, hopefully, a sign of even better numbers to come.  Pending sales were up as well to 772.
An even better sign for the Sarasota real estate market is that we are currently on track to out perform last years sales which were at the highest level since 2005.
Total inventory of available properties increased slightly in October to … (0 comments)