Hot Real Estate Market Continues in Sarasota During August
The local real estate market continues to be hot with 819 properties being sold by members of the Sarasota Association of Realtors in August 2012, which is up 36 percent from last August.
There were 587 single family homes sold compared to last August in which there were only 445 while 232 condos were sold compared to 156 last August. The total sales for last August were 601. In July 2012, there were only 699 sales, a downward trend that was reversed in August. This rebound was unexpected, yet welcomed by local Realtors who were aware that July is generally a slower sales month and has been for the past few years.
SAR President Laura Benson said, “The old adage says all real estate is local,…