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Sarasota Home Sales Set All-Time Record In 2015
Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
Sarasota Home Prices
The Sarasota Real Estate Market finished the year with an all-time record of 20,691 sales; an increase of 1,302 sales over the previous year. This represents the highest number of sales recorded in the Sarasota Real Estate Market in 100 years of record-keeping.
"These truly are exciting times for the real estate community, and reflects the hard work and dedication of our Realtor members," said Linda Formella, RASM President. "Our industry has been steadily and soundly rebuilding and I am so proud of our professional Realtors and all the industries that support the real estate community."
Sarasota and Manatee Counties had 1,671 sales in December. This was 28 percent higher than November, but down somewhat from December of 2014. Median sales prices for single family homes in Sarasota rose 22 to $239,900, and condo median sales prices also increased 22 percent in Sarasota to $217.000.
Inventory dropped to a 3.8 month supply of single family homes in Sarasota, and condo inventory is at 4.1 months. A 6-month supply is considered a balanced market between buyers and sellers. We are ... more
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