Sarasota real estate sales hit five-year high

 
 

April’s property sales in Sarasota reached their highest point in nearly five years. Pending sales were the highest in four years.

The monthly total of 757 sales were 50% higher than April 2009 and the most since December 2005.

The median sales price for homes in April was $165,000, which was up a modest 3% from a year ago.
Condo sales rose 6%, from $182,750 in April 2009 to $193,975 last month.

“There is a lot of enthusiasm and optimism among local real estate agents that the trend will sustain in the months to come,” said Erick Shumway, Sarasota Association of Realtors president.

Contact Robin Roy at rroy@yourobserver.com.
 

SHARE
Login Register now

Currently 0 Responses

Login below to post a comment or click register.
Account E-Mail
Password
forgot password? click here
Speak Your Mind Below!

Classifieds

YourObserver
Subscribe to our eNewsletters
1970 Main Street, Sarasota, FL 34236 941-366-3468

Copyright 2014 The Observer Group Inc., All Rights Reserved