sarasota home sales report: Sarasota Market Update For May 2016 - 07/18/16 07:04 AM
     Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
 Sarasota Home Prices
 
Sales have leveled off in the past couple of months, but both inventory of homes coming on the market and median sales prices continue to rise.  Inventory in May increased 15.3 percent over May 2015 in Sarasota County.  Current inventory is at 4.2 months compared to 3.8 this time last year.  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 … (0 comments)

sarasota home sales report: Home Prices in Sarasota, FL for August 2015 - 10/07/15 06:14 AM
Home Prices in Sarasota, FL for August 2015
Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
 
Sarasota Home Prices 
Sales activity continued at a robust pace in the Sarasota Real Estate Market in August, even with a decreasing inventory.  Pending sales (an indicator of future closings) were down 5 percent from the previous August.   In August 1,048 homes closed in Sarasota County, which was up over last August which had 975 sales.
 
"The economic law of supply and demand has dramatically influenced our local market, as we are seeing big jumps in median sale prices year over year, said Association President Stafford … (2 comments)

sarasota home sales report: Home Prices in Sarasota, FL for March 2015 - 05/08/15 04:22 AM
Home Prices in Sarasota, FL for March 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 increased in March as activity continues to accelerate.  Pending sales (an indicator of future closings) also increased while the number of homes on the market decreased slightly.   In March 1201 homes closed in Sarasota County, 789 single family homes and 412 condos.
 
"These are fantastic sales numbers, and certainly welcome news and evidence that the market remains on a good roll," said Realtor Association President Staffford Starcher.  "The Sarasota County total was very near the all-time … (1 comments)

sarasota home sales report: Sarasota Home Sales For 2013 Reach Second Highest Total On Record. - 01/21/14 04:36 AM
 
Sarasota Home Sales For 2013 Reach Second Highest Total On Record.  The year end totals are in, and the Sarasota Real Estate Market had the second highest number of sales in the history of the Sarasota Association of Realtors.
The total number of properties sold in December in the Sarasota Real Estate Market was 920.  This total included 621 single family homes and 299 condominiums.  Home values are on the increase as well with median sales prices increasing as much as 20 percent year over year for single family homes and 10.1 percent for condominiums.
"Overall, December 2013 was a great … (1 comments)

sarasota home sales report: Sarasota Real Estate Market Remains HOT In September. - 10/21/13 05:48 AM

Sarasota Real Estate Market Remains HOT In September.  There were 817 sales in Sarasota County for the month of September.  Of those, 545 were single family homes and 272 were condos.  This represents a 22.5 percent increase over September of 2012.  However, it also represents a decline of 14.6 percent from August 2013.
The fourth quarter of 2012 in the Sarasota Real Estate Market saw a considerable amount of pending sales, and the same appears to be holding true this year with pending sales for September 2013 at 750.  Historically, the fourth quarter in the Sarasota Real Estate Market sees a decline in the number … (3 comments)

sarasota home sales report: August Sales Show Continuing Strong Market, Sarasota, FL - 10/08/13 01:00 AM
 
August Sales Show Continuing Strong Market, Sarasota, FL  The August sales report came in late this year (probably due to a revision in how the statistics are figured), but August sales continue to indicate a strong real estate market in the Sarasota Area with 957 properties changing hands.
Another positive indication is the continuing increase in values.  The median sales price for a single family home in the Sarasota Real Estate Market in August came in at $195,000.  This represents a 30 percent increase over August of 2012 when the median sales price for a single family home was $150.000.  The median … (0 comments)

 
The Keith Kropp and Wayne Rogers Team, Nowhere But Here (Michael Saunders & Company)

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Author Bio: Keith Kropp, Over 30 years of professional real estate experience in Florida and serving the incredible Sarasota Area! . View all AR Posts By Keith Kropp Blog Google+


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