Sarasota FL News

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 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
  • ...

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...

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...

Baby Boomers Expect Retirement Home to Be the Best

More Good News for Sarasota Real Estate

Residence of Sarasota, FLBaby boomers have always trended toward Sarasota, and according to a recent article in article on the Better Homes & Gardens website, they will probably continue to make their way south.  Sarasota offers the active lifestyle baby boomers seek, in addition to its warm climate, white sandy beaches and plenty of cultural venues.

You can read the entire article at BHGRealEstate.com.

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Sarasota County Real Estate Sales Up 11.6% in August 2013

August Sarasota County Real Estate Strong

Condos on Longboat Key BeachfrontOnly 12 sales separate the August 2013 property sales in Sarasota County from sales recorded in July 2013. Sales totaled 957, and the data report shows 11.6 percent higher sales than in August 2012. The median sale price for single family homes in the county rose too.

Median Sales Price

  • July 2013 Single Family Homes $189,900
  • August 2013 Single Family Homes $195,000 - up 30% up from 2012
  • August 2012 Single Family Homes $150,00
  • July 2013 Condos $159,000
  • August 2013 Condos $161,000 - up 7.1% from 2012
  • August 2012 Condos $148,889

Pending sales or properties under contract in August 2013 totaled 864 – up approximately 1.7 percent...

Sarasota Real Estate Sales Remain High with Low Inventory

June 2013 Sales Report

The big story in Sarasota real estate market is the low inventory of available properties. There are 3,114 homes for sale in June 2013. This is the lowest level in more than ten years. Last year, at the same time, the inventory figure was 18% higher. Historically, declining inventory results in rising prices and multiple offers on homes and condos for sale.

The Sarasota Association of Realtors® just reported its members "sold 883 properties in June 2013, a drop from the May 2013 figure of 1,020 which represented an eight-year high, but up 2 percent over June of last year. The Sarasota real estate market tallied 642 single family homes and 241 condominiums in June 2013, compared to June 2012 totals of 603 single family homes and 261 condos sold."

Sales were up 13.8 percent over last year for the first half of 2013. Our local real estate market could end up finishing out 2013 "as the second highest sales year in the 90-year history of SAR, surpassed only by...

Sales Rise in Sarasota Real Estate Market - February 2013

With the winter season in full swing, the Sarasota real estate market reported sales up by 24 percent in February 2013, compared to February 2012. Continuing from a 22 percent January increase, it looks like the year could continue to reflect 20 percent monthly sales increases and we could be in for a record year.

“Members of the Sarasota Association of Realtors® sold 733 properties in February, compared to only 591 sales last February, and 626 closings last month. The breakdown was 504 single family homes and 229 condominiums. That compared to 414 single family homes and 177 condos sold in February 2012. In 2012, sales increased markedly in February, March and April, climbing to 886 closed transactions in April before moderating in the summer months.”

Pending sales totaled 1,138 in February, above January's total of 1,047. February’s pending sales figure...