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December's median sale price for single-family homes rose $4,900 to $165,000.
Sarasota Wednesday, Jan. 12, 2011 4 years ago

Sarasota real-estate sales spike

by: Robin Roy City Editor

The Sarasota real-estate market saw a jump in sales in December.

There were 681 single-family homes and condos sold last month. That’s up from 534 in November — a 28% increase.

“Word of mouth indicates we are seeing more showings and more closings this season than we have in quite a while,” said Michael Bruno, president of the Sarasota Association of Realtors. “And this year, we don’t have the homebuyer tax credit to point to as a reason for the surge. Sarasota is just a great place to purchase a property.”

The median price for a single-family home also rose month-to-month, from $160,100 in November to $165,000 in December.

There was a $1,000 gain in the median sale price for condos, rising to $160,000.

Contact Robin Roy at [email protected].

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