Sarasota Florida Real Estate News & Blog

Sarasota July Real Estate Sales Remain Robust

The Sarasota Association of Realtors® reported great news today as a continued strong real estate market resulted in members closing 911 sales during the month of July. This is a 30.3 percent increase over July 2012. It is also 3.2 percent higher results than June 2013’s total sales. Our market is still on track to 2013 being “one of the biggest in SAR’s history.”

Gulf Coast aerial of Siesta KeyIn addition to the strong sales for July, there was a rebound in the median sale price for single family homes. “The price went from $200,000 in June 2013 to $227,500 in July 2013, a 7.2 percent increase. For the 12-month rolling median price, the single family home figure was at $195,000, a 16 percent increase over last year at this time when the rolling median price was at $168,500. If current...