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Home Prices in Sarasota, FL for May 2015
Home Prices in Sarasota, FL for May 2015
Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
 
Sarasota Home Prices 
Sales activity declined slightly in the Sarasota Real Estate Market in May, but are still near record levels.  Pending sales (an indicator of future closings) also decreased while the number of homes on the market also decreased.   In May 1,182 homes closed in Sarasota County, 783 single family homes and 399 condos.
 
"Perhaps the best news in all of these positive numbers is the overall economy and what is fueling this real estate market," explained Association President Stafford Starcher. "Many reports from experts across the nation point to the growth in employment as the leading fundamental behind this surge.  Jonathan Smoke, the chief economists at the web site realtor.com, recently reported that there is no evidence of a housing bubble, and he noted more than three million jobs were created in the last year.  He said we could experience the highest national sales since 2006" 
 
The median sales price for a single family home was $230,000, up from April of 2015 when the median price was $221,900. The median sales price for a condo was $210,000 up from April of 2015 when the median sales price ... more

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