Strong Residential and Condominium Sales were reported in May, continuing the strong sales of the previous months in Sarasota. In May, Residential Properties sold were 298, while Condominium Properties sold were 215. These sales were across all price bands with the largest concentration in properties under $500,000. Higher end properties are also actively selling while [...]
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In Sarasota, Florida for the month of February 2011, the real estate sales for Single Family Homes and Condominiums increased by 24.2% in February 2011 compared to January 2011. The number of available properties for sale in the Sarasota real estate market has dropped to a six-year low in February 2011. Compared to total sales of [...]
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Lakewood Ranch located in Sarasota & Manatee Counties with a population of approximately 14,000 announced sales in the first two months of this year were record-breaking for the community. There were 77 new home sales and reservations in January and February, totaling more than $5.3 million in new lot sales. In the same period for 2010, [...]
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March 2009 Real Estate sales of residential and condo properties jumped to new levels offering the best report since 2006. Residential sales increased 80% in year to date sales and total listings dropping 2%. Condo sales increased 88% in year to date sales and total listings dropping 12%. With interest rates at record lows, great [...]
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In February, pending sales of homes and condos in Sarasota, FL rose to the highest level in three years, reaching 782. Clearly, single family homes led the way with 611 and condos reaching 171. This is a 19% increase over January.
After the U.S. Senate (74 to 25) and U.S. House of Representatives (263 to 171) passed the Emergency Economic Stabilization Act of 2008, President Bush signed the Act into law on October 3rd, 2008. In the end 33 Democrats and 24 Republicans changed their vote to pass the legislation in the U.S. House. Now from NAR (National Association [...]
Sarasota, Florida. The Herald Tribune reports today that there were 7,410 foreclosure filings during the last 12 months ended July 31st, 2008 in Sarasota County, Florida. Twenty five different mortgage companies hold the most properties in foreclosure in Sarasota County. If a property owner fails to pay the mortgage for three consecutive months and does not [...]
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Sales in Sarasota-Bradenton increased from a year ago as the median sales price fell 16% in May from the same time a year ago. It was reported that the median price of $268,200 in May was 8.2% lower than the median in April. The median price continues to fall within the $240,000 to $270,000 price band of the [...]
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The Sarasota, Florida Real Estate Market is turning the corner and moving forward toward a normal market. Recent statistics show that the rate of absorption of homes listed has moved from 146 weeks to 100 weeks of supply. Also reported is that the sales pace is rising from 60 homes sold per week last winter to now [...]
For Immediate Release Sarasota Association of Realtors® April 22, 2008 For more information, contact Kathy Roberts, 941-328-1170 March sales in Sarasota top 500 for first time since July 2007 Pending sales highest in a year, indicating improving market for summer Overall property sales in the local market for March 2008 topped 500 for the first [...]
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