The number of sales of homes and condos last month in Sarasota County was nearly 20% higher than those in August 2008.
The Sarasota Association of Realtors reported 498 property sales last month, compared to 415 sales the previous year.
In addition, the inventory of for-sale properties is shrinking. There were 3,949 single-family homes and 2,343 condos for sale at the end of August. At the end of August 2008, there were 6,461 homes and 2,407 condos for sale.
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18 Live It Up! with Parkinsons
10:00 am - 2:00 pm
18 Summer Circus Spectacular
11:00 am - 12:00 pm
18 'Last Night Out' - Brides Against Breast Cancer Fundraiser
5:30 pm - 9:00 pm
19 Lakewood Ranch Business Alliance June Executive Briefing - "Creating a Social Media policy at your place of business"
7:30 am - 9:00 am
Home in Revised Siesta sells for $3.6 million
A home in Revised Siesta tops all transactions in this week's real estate. The Northern Trust Co. and Gordon Holmes, trustees, of Naples sold the home at 3332 Gulfmead Drive to Sam Norton, trustee, of Sarasota, for $3.6 million. Built in 1970, it has four bedrooms, two-and-a-half baths and 3,084 square feet of living area.
Country Club home sells for $870,000
A home in County Club Village at Lakewood Ranch tops all transactions in this week’s real estate. Robert and Denise Sousa, of Orange, Conn., sold their home at 13211 Lost Key Place to George Ristow, of Bradenton, for $870,000.
Vizcaya condominium sells for $1,987,500
A condominium in Vizcaya at Longboat Key tops all transactions in this week’s real estate. Deborah Cook and Victor Cook Jr., trustees, of Columbus, Ohio, sold the Unit 2E2 condominium at 2377 Gulf of Mexico Drive to Frank and Katherine Martucci, of Ancramdale, N.Y., for $1,987,500. Built in 1997, it has three bedrooms, three baths and 3,169 square feet of living area. It previously sold for $2,320,000 in 2005.