Sarasota real-estate sales spike

 

Sarasota real-estate sales spike

 

Date: January 12, 2011
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 rroy@yourobserver.com.
 

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Currently 1 Response

  • 1.
  • Great news. May the trend continue.
  •  
  • Milan Adrian
    Wed 12th Jan 2011
    at 4:08pm
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