Home Prices in Sarasota, Florida for Summer 2013

By
Real Estate Agent with DWELL REAL ESTATE BK3105105

Home Prices in Sarasota, Florida for Summer 2013


Real estate market data for Sarasota, Florida provided by Marnie Matarese   

J Wood Realty Company 

 

I receive a montly update from a Credit Suisse survey of realtors that shows home sales remaining high in July, 2013 but prices increasing....

 

Sarrasota Home Sales

 

 

One of the issues that is most pressing is that the

 

inventory continues to remain low but the modest bump in mortgage rates is slowing buyers in their efforts to submit contracts.  They are now hoping that they have not missed the best of the lending rates but if they continue to wait, expecting a drop again, I fear that they will be completely priced out of the market here.  

 The results of the August, 2013 survey are below:

Sarasota Home Sales

  As retirees are looking for a place right now, they are more likely to purchase and not concern themselves with the interest rates but younger people are still looking for that downturn in rates that may not happen.

 

 

What does this mean for you if you are a buyer? It is time to get off the fence if you are serious about owning a home in Florida and purchasing while interest rates are still low. The inventory has been greatly reduced and the prices are inching up.

 

 

Find Homes for Sale in SARASOTA, FL

Visit my website to search for homes in Sarasota or to be notified when Sarasota homes come on the market.

To find out what you home is worth in the current market email me or call 941-809-8099.

Posted by

 Looking for a great real estate agent in the Sarasota area? 

 

Marnie Matarese |Broker Associate | GRI|RSPS|SRES | DWELL Real Estate 

MARNIE@CALLMARNIE.COM 

DIRECT:  941-809-8099 

 

www.callmarnie.com  

1947 Ringling Boulevard

Sarasota, Florida 34236

 

  

          

 

 

 

 

 

 

 

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Rainmaker
3,214,779
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Marnie - Thank you for sharing an excellent blog about home prices in Sarasota, Florida for Summer 2013.

Sep 18, 2013 09:08 AM #1
Rainmaker
2,379,091
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Nice job with the report, lots of positive information. Looks like the good new will continue going forward.

Sep 18, 2013 07:49 PM #2
Rainer
460,237
The Keith Kropp and Wayne Rogers Team
Michael Saunders & Company - Sarasota, FL
Nowhere But Here

You are so right, Marnie.  Real estate has its ups and downs, but one thing is for sure. The treadmill of real estate is constantly moving.  Sometimes it seems like we are going nowhere, but at least we are moving forward!

Sep 19, 2013 06:07 AM #3
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Rainmaker
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Marnie Matarese

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