Blog

Sep
26
Sarasota Real Estate Leaning Towards a Seller's Market

It just keeps getting better and better for the Sarasota real estate market. In August, the decline in available inventory, increase in median price, and increase in sales pointed to a recovering seller's market.



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Property Sales Increase:

Still on the rise, property sales: 601 - up from 567 just one year earlier in 2010.

• Total Single Family Homes Sold: 445 (same time last year: 408)
• Condos Sold: 156 (same time last year: 159)



Decline in Available Inventory:

Due to increased consumer demand, the available inventory in Sarasota continues to decrease - now sitting at 4,408. However, this is one number, we like to see go down. This, in turn, has boosted the median price of single family...


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 Keller Williams Island Life Real Estate       The Coffey Group Fine Homes International        Coffey & Divald Property Management 

 206 Harbor Drive S,                                    1491 2nd St Suite B, Sarasota FL 34236

Venice, Florida 

34285

United States