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Sarasota Florida Real Estate & Stories

Sep. 11, 2007 - Sarasota Real Estate: August Statistics

Sarasota's Golden Gate Point

Sarasota Real Estate Statistics for August 2007

Price Range

Active Listings

Sold Aug.

Current Pending

$50,000 to $250,000

926

46

82 

$251,000 to $350,000

939

48

67 

$351,000 to $500,000

934

33

49 

$501,000 to $750,000

693

13

19 

$751,000 to $1,000,000

405

14

$1,001,000 to $2,000,000

489

8

$2,001,000 to $3,000,000

212

2

$3,001,000 to $10,000,000+

206

5

TOTALS

4804

169

238

 

The above real estate statistics for the greater Sarasota area, represent only Single Family Homes.  The condo market continues to suffer with a total of 3245 active listings and only 82 sold in the month of August of '07.

While the number of active real estate listings are DOWN in Sarasota about 20% from August of '06, the number of actual sales are also down by 56%, leaving Realtors to wonder where the bright spots are.

It seems that Realtors who have embraced the Internet and market to the International crowd are the ones who are continuing to be successful in their careers.  Sarasota is a very desirable community for the International buyer because of it's many cultural activities.

Sellers who are realistic and price their properties strategically will certainly win a contract to purchase.

 

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Here you will find lots of information about Sarasota and her Islands. You'll learn her culture, her history and important information about Sarasota's Real Estate market. Come back often and be sure to leave a comment!

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