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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L'Ambiance condominium sells for $2.25 million
A condominium in L’Ambiance at Longboat Key Club tops all transactions in this week’s real estate.
Pomello Park home tops sales at $925,000
A home in Pomello Park tops all transactions in this week’s real estate.
Construction begins on third largest home in Manatee
London Bay Homes has begun construction of a 16,000-square-foot home built on three estate homesites in The Lake Club, a private luxury community in Lakewood Ranch.