Cell/Text : (941) 284.2402
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Sarasota MLS - Latest Sales Statistics Release
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Sales Snapshot
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SINGLE FAMILY HOMES
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CONDOS
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Qty Sold
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Median Price
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Qty Avail
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Qty Sold
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Median Price
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Qty Avail
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DEC 2011
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471
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$155,925
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2974 |
173
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$156,600
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1593
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Prior Month
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435
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$156,074 |
3031
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167
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$158,000
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1641
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DEC 2010
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500
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$163,000 |
3920 |
181
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$163,000
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2127
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As a result of the volume of bank-owned properties, the prices have been held down for the past two years.
The Median House Price in 2011 is essentially the same as 2001.
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AVAILABLE INVENTORY has been at a 10 YEAR LOW, but has jumped slightley as sellers add their properties for the "Busy Season".
The best properties in the best locations are still receiving multiple offers and are under contract within days.
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Sarasota Sales Statistics
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Our "Busy Season" has started, and many sellers have put their properties on the market at this time to take advantage of the influx of visiting buyers.
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Property owners are accepting offers within an average of 93% of Asking Price, indicating that prices are within a range acceptable to current buyers. |
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For most of 2011 the demand for properties has exceeded the levels set during the tax breaks of 2010. Buyer demand is high and is being lead by investors who recognize the incredible value of this location. |
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