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Sarasota Florida Real Estate & Stories

Blog by Nicki Conway
Sarasota, Florida

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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Sarasota Florida Real Estate & Stories

Sarasota Real Estate: November Statistics

Dec. 16, 2007
Categorized in: Statistics
November Real Estate Statistics for the greater Sarasota Florida area are showing a trend from the previous year toward more positive sales during the upcoming high season.

Sarasota Real Estate October Statistics

Nov. 3, 2007
Categorized in: Statistics
Real Estate Statistics for Sarasota Florida and year over year comparisons, 2005 to 2007 for the month of October

Sarasota Real Estate: September Statistics

Oct. 3, 2007
Categorized in: Statistics
Sarasota Real Estate Statistics for September 2007 Price Range... [Read More]

Sarasota Real Estate: August Statistics

Sep. 11, 2007
Categorized in: 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.

 

July Real Estate Market Statistics for Sarasota

Aug. 8, 2007
Categorized in: Statistics

 

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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