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Tagged : sarasota home sales

Found 8 blog entries tagged as "sarasota home sales".

Sarasota real estate market report - May, 2015Located on Florida’s Gulf Coast, the counties were impacted by the real estate bubble and the recession that followed just like the rest of the country. However, though real estate continues to struggle nationally, sale prices are rising and sale numbers are hovering around all-time highs in Sarasota and Manatee counties. Not only is this a good sign for home sellers, it is a good sign for everyone who is living in these counties as an indication of the economic strength of the local area’s economy.

Sale prices in both Sarasota and Manatee Counties have increased significantly in the past year as the area’s economy continues to grow and strengthen. The median sale price of homes in Manatee County grew from $225,000 to $257,111 from May 2014 to May

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Sarasota real estate market, Sarasota home sales

2014 is shaping up to be a record-breaking one for property sales in the Sarasota area, and demonstrates a continued rebound as more people want to relocate to Southwest Florida, and continue to do so. The news is terrific!

With the release of sales statistics for June 2014, a pattern of continued strong sales topping 1,000 for four months in a row shows no sign of weakening. June's closings, at 1,048 total, bettered the 997 closings from June of 2013, and fell just shy of May 2014's number of 1,100. June 2014's closings included 321 condominiums and 727 single-family homes in Sarasota.

2013's sales were likewise very strong, coming in with the second-highest rates in 91 years. The first half of 2014 shows that this year is stronger than 2013, and is

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Sarasota Homes Sales Increasing

The Sarasota Florida real estate market continues its hot streak, with 2014 sales numbers outshining those of 2013. For the month of May, 747 single-family homes and 353 condos were sold in the Sarasota area. The May total of 1,100 was slightly lower than in April, which came in at 1,195. This number also dipped slightly from the May 2013 number of 1,127. Despite this slight dip, the period from January 2014 to May 2014 is still well above sales from the same time frame in 2013. This is highly encouraging for both sellers and buyers, as 2013 was a record-setting year for home sales in Sarasota. In fact, last year resulted in the second highest number of sales in 91 years of tracking by the Sarasota Association of Realtors.

Sarasota Association of

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The month of April 2014 has seen the second highest rate of sales in Sarasota County with 1,195 closed transactions being reported by the My Florida Regional MLS system. That figure was topped in April 2004 with 1,223 reported sales. The spring and summer months of 2004 and 2005, and March, April and May of 2013 were also close in reported sales. Single-family home sales that closed in April 2014 reached 759, plus 436 sold condos. The reported totals were higher than March's numbers which included 698 single-family homes sold, along with 352 condos. April’s numbers in 2013 were 703 single family and 429 condos.

Peter Crowley, the president of the Sarasota Association of Realtors, has seen a dramatic rise in the level of activity, and it seems to be

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Sarasota real estate home sales

Continuing a three-year spring trend, Sarasota County saw more than 1,000 property sales during March, 2014. Evidence of a rebounding Sarasota housing market included sales of distressed properties at levels significantly lower than those seen four years prior. Wild price swings have also been largely absent among single-family home and condo sales over the previous 12 months, further indication of market stability.

There were 1,050 home sales recorded in March, up from 787 in February, but slightly below last March’s figure of 1057. Of this figure, 698 were single-family homes and 352 were condo sales. By comparison, monthly sales of similar properties have lingered around the mid-300s for the low end of the last decade. Short sales did not contribute

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Sarasota Market Heating Up

Sarasota real estate, Sarasota homes, Sarasota real estate market

As 2014 gets underway, the Sarasota County real estate market is heating up. The number of new listings throughout the county soared in January, rising 10.6% from the previous month. The total housing inventory rose to its highest level in 32 months, providing yet another sign the market is experiencing a robust recovery. During a recovering market, the total real estate inventory, including new listings, typically rises as sellers look to take advantage of increasing property values. However, this usually only occurs after a rebound in the housing market. In Sarasota County, inventory levels have jumped significantly in only six months, rising by an impressive 30% since the recent low recorded in July 2013.

Sarasota Home

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Home prices in Sarasota County continue their ascent, as the median sales price for condos and single family homes in December 2013 were up double digits over the figures from December 2012, once again ending the year on a high note.

The median sales price of a single family home reached $189,950 in the month of December, marking an impressive 15.1 percent increase over last December’s median sales price of $165,000. The condo market also experienced a significant price jump in December 2013 as the median sales price for condos in Sarasota County reached $182,000, representing a 10.2 percent increase over last December’s median sales price of $165,100.

Furthermore, at $184,900 for single family homes during the month of December, the 12-month rolling

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Sarasota Real Estate Market Report - November 2013

In November 2013, the median price for small single family houses that were purchased in Sarasota County was 20.6% higher than the median price for similar-sized houses sold in the county during November 2012. 

More specifically, the median price of single family properties was $187,000 in November of 2013 and $155,000 in November 2012, a clear indication that the housing market in Sarasota County is beginning to rebound. From November 30, 2012 to November 30, 2013, the median sale price of single family houses was $181,700, a 23% increase from the median price of $147,000 that characterized the previous twelve month period.

Condominium Sales Numbers

While the median prices of single family homes in

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