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Sarasota Friday, Apr. 15, 2011 6 years ago

Real-estate sales reach six-year high

by: Robin Roy City Editor

Sarasota property sales have climbed to levels not seen since the housing boom.

March’s 800 total sales were the most monthly transactions since September 2005.

The 580 single-family home sales were up 23% from February, and the 220 condo sales jumped 10%.
The median sale price for homes rose to $159,250. That’s up 16% from the previous month. Condo prices climbed even more dramatically — up 26% to $173,000.

“Sarasota is clearly a recovering market,” said Michael Bruno, president of the Sarasota Association of Realtors.

Contact Robin Roy at [email protected].

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