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Real Estate Market Statistics

Sales Remain Strong in September for Sarasota

In a traditionally slower month, September sales of Sarasota real estate remain strong. Realtor® Association of Sarasota and Manatee posted the months statistics showing sales of 1,608 for both counties.

Click here for the entire press release.

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April Sarasota Real Estate Stats - 2015

The REALTOR Association of Sarasota and Manatee just released sales data for April 2015. “Property sales in April 2015 in Sarasota County totaled 1,224 (791 single family and 433 condos), exceeding the all-time high reached in April 2004 by a single sale. Manatee County recorded 813 sales (539 single family and 274 condos), not a record, but very high compared to recent months. The historic level of sales activity has been driven by several factors, according to local real estate leaders.”

The Sarasota real estate market is one of the hottest markets in the country. We’ve mentioned many times how fabulous this city is. We’ve got incredible weather, beautiful scenery,...

Sarasota Real Estate Sales Once Again Top 1,000 - October 2014

Sarasota Real Estate Sales Top 1,000 Again

Cresent Beach, Siesta KeyWho wouldn't want to live here? Sarasota, Florida has warm weather, beautiful beaches, cultural venues galore and is a city with an abundance of natural beauty.

According to Sarasota Association of Realtors® latest press release, real estate transactions remain strong. "The season is only just beginning, and no one is reporting a holiday slowdown in market activity at this point," said SAR’s President Peter Crowley. "In the past few years, we haven't observed a major drop off in sales in November and December. With the national economy picking up steam, and unemployment still dropping, I'm optimistic we'll continue to see these strong numbers."

October 2014 Sales Activity

  • Total Sales: 1,011 –...

Sarasota Real Estate Stats - September 2014

Sarasota Real Estate Market - 2014 September

The Sarasota real estate market posted near record sales numbers in September 2014 with 934 closed transactions. The figure was 14 percent higher than last year at the same time when 817 properties closed. Sales, so far this year, total 8,784. According to the Sarasota Association of REALTORS® report, “about 200 sales over last year's pace which wound up as the second highest sales year in the county's history.” The final figure could reach the “historic year of 2004, when 11,482 sales were recorded in the county.”

Stats Breakdown September 2014

  • Total Sales: 934
  • Single Family Homes Sold: 688
  • Condos Sold: 246
  • Median Sale Price – Single Family Home $189,000
  • Median Sale Price – Condo $195,000...

Sarasota Real Estate Sales - August 2014

Sarasota Real Estate Remains Strong

Sarasota Florida is a great place to retire, and August real estate sales indicate we are still getting buyers into our market. Peter Crowley, Sarasota Association of REALTORS® President made the follow comments when the August 2014 statistics were released "Sarasota County real estate is definitely alive and well, and is reflected so in these statistics," "but even beyond the numbers, the enthusiasm of our agents and the incredible demand expressed by the buyers is encouraging. We are the place people want to relocate, the place people want to invest in, and the place people want to retire."

August 2014 Stats Just Released by Florida Realtors®

  • Total Sales Homes & Condos: 975
  • Sales Single Family Homes: 698
  • ...

Sarasota Real Estate Sales July 2014

Real Estate in Sarasota Slightly Cools in July

Property sales in Sarasota, Florida, county wide, reported by the Sarasota Association of REALTORS totaled 928 closed transactions in July 2014. Single family homes sales totaled 643, and condos sales totaled 285. These figures show a cooling period. Closings were down 11.4 percent from June 2014 and down 4 percent from July 2013.

SAR report “sales the first seven months of 2014 remain ahead of the near record sales pace of 2013, an historic year for property sales in the county with the second highest number of sales in SAR's 91 year history. The first seven months of 2014 saw 6,875 sales, compared to 6,786 last year at this time.”

"For the past several years, we've seen reductions in July sales numbers, so this is not a surprise,"...

Sarasota FL Property Sales Top 1,000 Again

Sarasota Real Estate Market Strengthens

Property sales in Sarasota County, Florida topped 1,000 for the fourth straight month. Sarasota real estate continues to show strength in the area. Total closed sales in June 2014 hit 1,048. This was a 5.1 percent improvement from the June 2013 figure of 997 sales.

“The first half of 2014 remains ahead of the near record sales pace of 2013, an historic year for property sales in the county with the second highest number of sales in SAR's 91 year history.”

"We are continuing to see heavy foot traffic at open houses and at brokerages across the county," said Sarasota Association of Realtors® President Peter Crowley. "While we have seen a marginal slowdown in the road traffic as some residents head north for the summer, there seems to be unusually high...

Property Sales Continue to Be Hot in Sarasota

Excellent Sarasota Property Sales - May 2014

The Sarasota Association of REALTORS® released its May 2014 data showing property sales continuing to be “hot.” Sarasota County posted 1,100 closed sales for May 2014, 747 single family homes and 353 condominiums. “The figure was slightly lower than April's total of 1,195, and also slightly lower than last May, when 1,127 closings were reported in the My Florida Regional MLS system.”

Peter Crowley, SAR President pointed out that "Sarasota County real estate is such an amazing success story in the past two years, particularly coming from where we were in 2010."

It is no wonder that Sarasota real estate is such a success story. Our area offers beautiful white-sandy beaches with a year round fabulous warm climate. The city’s cultural venues rival...

April 2014 Sarasota Real Estate Sales

Real Estate Sales in Sarasota Hit Second Highest Sales in History

April 2014 Real Estate Sales Report

Downtown Sarasota WaterfrontIn a press release issued earlier this week, the Sarasota Association of REALTORS® reported sales data for April 2014. The Board reported 1,195 closed transactions in Sarasota County. This is the second highest number of sales in county history. In April 2004, the highest sales figure was recorded which totaled 1,223 property sales. There are multiple new construction projects planned for the area as Sarasota continues to thrive.

Sarasota's charming downtown area along with its excellent climate, beaches, natural beauty and cultural attractions continues to draw new residents to our area. Check back later for an update on new condominiums planned for downtown Sarasota.

Contact...

Sarasota Real Estate Sales Remain Steady - February 2014

Aerial of beachfront condosWhite Sandy Beach Real Estate Sales Remain Steady

The Sarasota Association of REALTORS® just released Sarasota real estate sales data for February 2014 reporting a steady paced market. Overall sales for February 2014 totaled 787, down 2.4 percent from last year’s 807 figure. Sales, however, were up from January 2014’s total of 767.

The Board also reported that short sales were down. “Only 32 of the total 787 sales in February 2014 were short sales, compared to 98 in February 2013.” “Foreclosures were still trending at about the same pace in February 2014, with 131 recorded.”

The median sale price for the 12-months ending in February was $188,000 for single family homes, about 20 percent higher than February 2013’s 12-month period. For...