The Sarasota-Bradenton MSA reported a total of 1,055 homes sold in March compared to 765 homes a year earlier for a 38 percent increase. The market's existing home median sales price last month was $163,800; a year earlier it was $150,000 for an increase of 9 percent. A total of 382 condos sold in the MSA in March compared to 226 units sold the same month a year earlier for an increase of 69 percent. The existing condo median price last month was $146,400; a year earlier, it was $129,000 for a gain of 13 percent.
39 homes over $1,000,000 sold in March. This was almost a 30% increase from February and a 30% increase from March 2009. The highest recorded sale was an $8.4 million dollar estate with over 8700 sf in Sarasota.
Steve Eckhardt, Broker, Luxury Real Estate Professional
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