The 2009 Sarasota real estate market continues to outperform 2008. Last month’s sales of homes and condos were up 84% from November 2008.
Total sales stood at 578 last month, compared to 311 the previous year. However, the median sale price for single-family homes last month was $162,500. That’s down 4% compared to the same period last year.
Condo sales dropped 8% year-to-year, from $195,000 in November 2008 to $178,750 last month.
“We are experiencing a very active real estate market, during the early seasonal months,” said Bill Geller, president of the Sarasota Association of Realtors. “Even during these times of higher unemployment and slower national economic activity, it’s very encouraging to see that the Sarasota area remains an attractive place to purchase a home.”
Contact Robin Roy at firstname.lastname@example.org.
Currently 0 Responses
11 FASS Celebrate the Arts Luncheon honoring Howard Millman
11 "American Troubador" Bill Schustik in a Munchtime Musicales Performance
12:00 pm - 1:00 pm
11 Let it Snow
5:30 pm - 10:00 pm
12 La Leche League/Breastfeeding Support
10:00 am - 12:00 pm
12 Oil Painting Masterclass with James Griffin
1:00 pm - 4:00 pm
12 Founder's Talk & Tour
1:30 pm - 2:30 pm
12 Lemur Conservation Foundation Gala
12 Cooking Class: At Season's Peak: Winter Squash
Home on Casey Key sells for $2 million
A home on Casey Key tops all transactions in this week’s real estate.
Grand Bay condo sells for $1.25 million
Sand-Ral Inc. sold the Unit 156 condominium at 3060 Grand Bay Blvd. to Costello Family Ltd. Partnership for $1.25 million.
Riverdale home tops sales at $620,000
Marie Pyne, trustee, of Bradenton, sold the home at 4625 Shark Drive to Paul and Susan Genello, of Bradenton, for $620,000.