The Today Show names Sarasota top real-estate market

This morning, NBC’s The Today Show featured the top-10 real-estate markets in the country, and the show’s real-estate expert put Sarasota at the top of the list.

Barbara Corcoran said Sarasota was No. 1 because its home prices, which dramatically declined in recent years, have seen a sharp rise in the last quarter. The median home price is now $175,800, up 13% this quarter.

“It’s moving fast, and they’re snapping up bargains,” she said.

Aside from the rising prices, Corcoran cited the beaches and culture as reasons to buy in Sarasota.
“It’s a beautiful beach, but on top of that, it’s a sophisticated city,” she said. “It’s an urban city with all the things that sophisticated people like to find there.”

The rest of the top real-estate markets:
2. San Francisco
3. Lansing, Mich.
4. Marietta, Ga.
5. Grand Rapids, Mich.
6. St. Petersburg
7. Naperville, Ill.
8. Trenton, N.J.
9. St. Louis
10. Saginaw, Mich.

Contact Robin Roy at [email protected].