sarasota real estate market update: Home Prices in Sarasota, FL for December 2014 - 02/05/15 04:05 AM
Home Prices in Sarasota, FL for December  2014
 
Real estate market data for  Sarasota, FL provided by  Keith Kropp of  J Wood Realty
 

Sarasota Area Home Prices and Statistics  
The Sarasota Real Estate Market experienced a record year with total sales the highest ever in 2014.  Total sales for the year reached 11,550 closed transactions!  In December 929 homes closed in Sarasota County, 659 single family homes and 270 condos.
 
"This is truly historic news, and clearly demonstrates our region is experiencing a remarkable success story in real estate," said Association President Stafford Starcher.  Sarasota and Manatee counties have never seen this level of … (1 comments)

sarasota real estate market update: 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 real estate market update: Sarasota's Real Estate Market Is Scorching Hot & Setting New Records! - 05/23/13 07:13 AM

Sarasota's Real Estate Market Is Scorching Hot & Setting New Records!  Sales are sizzling as the Sarasota Real Estate Market continues to set records in April selling more than 1,000 properties for the first time since June 2005.  Amazingly, there have only been ten months in the 90-year history of the Sarasota Association of Realtors (SAR) where sales hit 1,000 properties in a month and the nine others occurred in 2004 and 2005, the height of the real estate boom that ended in the historic crash just a few short years ago.
Of the 1,017 sales in the Sarasota Real Estate Market in … (0 comments)

sarasota real estate market update: Sarasota Real Estate Market Continues To Soar In February! - 03/21/13 06:16 AM
 
Sarasota Real Estate Market Continues To Soar In February!  Sales continued to climb in the Sarasota Real Estate Market in February rising 24 percent over last year!  January's sales were 22 percent over the previous year.  If this trend continues 2013 will be a record breaking year for the Sarasota Real Estate Market.
A total of 733 properties were sold in February in the Sarasota Real Estate Market.  Of these sales, 504 were single family homes and 229 were condos.   Pending sales (homes currently under contract to close) rose to 1,138 in February versus 1,047 in January indicating future months of … (2 comments)

sarasota real estate market update: It's Too Darn Hot! Sarasota Real Estate Update For September 2012 - 10/18/12 05:01 AM

It's Too Darn Hot!  Sarasota Real Estate Update For September 2012.  The Sarasota real estate market made a strong showing in September, yet sales did decline 21% from August.  However,  they were 14% ahead of last September's indicating a continued solid and healthy market.
There were a total of 648 properties sold in September in the Sarasota real estate market.  Of those sales there were 430 single family homes and 148 condos sold.  After a very strong summer selling season the slowdown in September was expected and is typical for the time of year.  However, it is much better than anyone … (4 comments)

sarasota real estate market update: Sarasota Real Estate Market Report For July 2012 - 08/20/12 07:02 AM

Sarasota Real Estate Market Report For July 2012.  Sarasota home sales have remained healthy in the dog days of summer.  
Sarasota home sales are historically very seasonal with the summer months being the among the slowest of the year.  While they have cooled off from the heated pace earlier this year, they have continued to remain robust this summer.
The Sarasota Real Estate Market Report For July 2012 shows that there were 699 closed sales.  Of those, 523 were single family homes and 176 were condos.  At the same time pending sales increased to 919.
"The Sarasota real estate market remains … (0 comments)

sarasota real estate market update: The Sarasota Real Estate Market Is Hot, Hot, Hot!!! - 06/20/12 05:40 AM

The Sarasota Real Estate Market Is Hot, Hot, Hot!!!  The Sarasota real estate market finished the month of May with another hot month of sales.  There were 854 closed transactions, which is the second highest month since September 2005.
Of the 854 closed transactions for the month of May, 591 were single family homes and 263 were condominiums.  Sales for May of 2012 were 7.2 percent higher than the same month last year.  Pending sales (homes under contract, but not closed) remained high at 1,075, the fourth month in a row over 1,000!
"I've spoken to many agents who are having … (2 comments)

sarasota real estate market update: Sarasota Home Sales For September Increase Over Last September! - 10/14/11 04:42 AM

Sarasota home sales for September beat last September!  The Sarasota real estate market continues to be solid in September with 570 sales, compared to 547 in September of 2010 and 601 in August of this year.  Historically, the fall market is slower and isn't expected to pick up until our local season begins when seasonal homeowners and visitors cause a swell in local population and activity.
The Sarasota real estate market is definitely making positive news this year.   Recently, Realtor Magazine Daily News reported that of the top 15 cities showing year-over-year increases in list prices, 10 are in Florida.  The … (0 comments)

sarasota real estate market update: Sarasota Real Estate Market Remains Stable In August. - 10/07/11 07:24 AM
Sarasota Real Estate Market remains stable in August.  Inventory declines to ten year low!  The inventory of available properties in the Sarasota real estate market has been dropping for the last nine months and hit a ten month low in September.  Only 4,408 properties are currently on the market for sale.  In addition to this, sales in Sarasota for the last ten months have consistently exceeded 500 per month.  There were a total of 601 sales recorded in August, including 445 single family homes and 156 condos.
The total inventory of available properties has declined to a ten year low!  This includes … (1 comments)

sarasota real estate market update: Bradenton-Sarasota-Venice Markets Looking Up In 2011! - 09/27/11 06:36 AM
Even though we continue to read and hear unpleasant news about the local and national real estate market, the Sarasota market has been looking up this year.  Sales have been much stronger than in recent years, the number of distressed sales, although still too high, have been down and prices are beginning to inch up. 
Here is some positive news from Realtor.com and Builder Online Magazine! 
According to Realtor.com, list prices have been on the rise in Florida.  In fact, Florida cities make up 9 of the top 10 places with the highest year-over-year list price increases.  This is based on … (0 comments)

sarasota real estate market update: Sarasota, FL Real Estate Market Update - Returning To Normal! - 09/20/11 06:23 AM
According to a press release from the Sarasota Association of Realtors, the Sarasota real estate market is "trending" toward normalcy.  This is great news for a market heavily battered during the real estate downturn. 
According to the Board's analysis of sales, prices and inventory the number of homes/condos on the market has been steadily decreasing over the past nine months and hit a decade low 4,408 in August of 2011.
"We're starting to see a definite trend line developing, and it's very positive," said SAR President Michael Bruno.  "No one has a crystal ball, and it wouldn't be wise for anyone to … (0 comments)

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

The Keith Kropp and Wayne Rogers Team

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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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