Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Home Prices in Sarasota, FL Market Report for Feburary 2017
Real estate market data for Sarasota, FL provided by Keith Kropp of  Better Homes and Gardens Real Estate - Atchley Properties
 Home Prices in Sarasota, FL Market Report for February 2017
 
In February 2017 closed sales of single family homes increased 2.5 percent from last year, and sales of condos slightly increased by 0.4 percent from last year.  The median sales price for a single family home in Sarasota County increased to $257,500 in February 2017.  On the other hand, Sarasota County condos median price increased to $219,245 over February of last year. 
 
Current inventory of single family homes stands at 5.5 months supply, and current inventory of condos is at a 6.2 months supply.  This number represents the number of months it would take to sell all existing inventory if no new listings came on the market.  Six months inventory is considered a balanced market between buyers and sellers.   We are still in a sellers market for single family homes, but it is a buyers market for condos in Sarasota County.
 
"With more active listings on the market, buyers are able to take time to view and compare more properties, and are not under pressure to jump on the first property they see, said 2017 ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention