July 2007 Real Estate Statistics for the
Greater Sarasota Area
Sarasota Real Estate
Statistics
|
Price
Range
|
Active
Listings
|
Sold
July
|
Current
Pending
|
| $50,000 to $250,000 |
814
|
66
|
90
|
|
$251,000 to $350,000
|
980
|
55
|
78
|
| $351,000 to $500,000 |
971
|
38
|
67
|
| $501,000 to $750,000 |
710
|
33
|
39
|
| $751,000 to $1,000,000 |
338
|
26
|
24
|
| $1,001,000 to $2,000,000 |
300
|
3
|
16
|
| $2,001,000 to $3,000,000 |
132
|
5
|
8
|
| $3,001,000 to $10,000,000+ |
166
|
2
|
18
|
|
TOTALS
|
4411
|
241
|
340
|
While
these numbers don't seem to be that great, there is good news
within them. In July of 2006, there were a total of 5684
active listings on the market in Sarasota Florida, so it appears we
are eating through some of that inventory. The amount of new
listings in July of '07 was 733, yet in July of '06, there was a
whopping 1,070 new listings.
Now we
have an 18 month supply of real estate inventory in Sarasota.
But the good news is, much of that inventory is now priced at
2003 and 2004 levels.
Many buyers ask me if it's a good time to buy in this
area. I think the real question is, "What IS the best Real
Estate buy?". Then buy it! |
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