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Home Prices in Sarasota, FL for April 2015
Home Prices in Sarasota, FL for April 2015
Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
 
Sarasota Home Prices 
The Sarasota Real Estate Market sales activity exploded in April, exceeding the previous record set in April 2004 by just one sale.  Pending sales (an indicator of future closings) also increased while the number of homes on the market decreased slightly.   In April 1,224 homes closed in Sarasota County, 791 single family homes and 433 condos.
 
"The Sarasota-Manatee region is one of the hottest markets in the nation because we have tremendous weather, an amazing natural environment, great business climate, good schools, exceptional shopping, and unmatched cultural amenities," explained Association President Stafford Starcher.  "The fact that people want to move here and buy property here is no surprise, and we are no longer a secret in the national and international marketplace." 
 
The median sales price for a single family home was $221,990, up from March of 2015 when the median price was $207,500. The median sales price for a condo was $191,400 up from March 2015 when the median sales price was $180,475.
 
While home prices have increased significantly, they have definitely moderated.  Most experts currently seem to agree that a 3% to 5% increase ... more

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