Tagged : Sarasota Real Estate Market Update 
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Sarasota Real Estate Market Report: March 2012 Closed Business
Friday, April 20th, 2012 at 11:26am. 97 Views, 0 Comments.
Please find below the Sarasota Real Estate Market report for March 2012 closed business that was released this week from the Sarasota Association of Realtors to its members and the public.
As you will see activity has drastically increased, inventories are low, and median prices have started to rise.
If you have questions about a particular area of Sarasota please feel comfortable in calling or emailing me to learn more.
The following information was taken from the Sarasota Association of Realtors Monthly report dated April 18, 2012. To see more information and graphs please visit their website at Sarasota Association of Realtors.
SALES
The Sarasota real estate market saw sales climb to a seven year high in March 2012, with 831 properties changing…
Sarasota Real Estate Market Report: February 2012 Closed Business
Wednesday, March 21st, 2012 at 5:09pm. 159 Views, 0 Comments.
Please find below the Sarasota Real Estate Market Report for February 2012 closed business. 
Sales continue to climb with Pending sales at an 11 month high. In just a few words describing the current Sarasota Real Estate Market:
Sales are UP
Prices are Stable
Multiple offers are happening, and
Pending Sales are off the charts.
If you have any real-estate questions or know of someone who does please feel comfortable either in calling or E-mailing me and I would be happy to help.
The following information was taken from the Sarasota Association of Realtors Monthly report dated March 14, 2012. To see more information and graphs please visit their website at Sarasota Association of Realtors.
Sales Climb in February 2012: Pending Sales Rise to 11-Month High
Sarasota Real Estate Market Report: January 2012 Closed Business
Friday, March 2nd, 2012 at 9:21am. 262 Views, 0 Comments.
The Sarasota Real Estate Market continues with more good news of activity. Please find below the most recent report as published by the Sarasota Association of Realtors for closed January 2012 business.
The up-tick in our market continues with properties that are priced correctly being seen quickly by serious buyers who are ready to own a piece of sunny Sarasota. I personally had 3 properties in the past 2 months that I brought onto the market and within days had serious offers and moved quickly to the closing table. I included with this update a link to a video clip interview done by Al Roker of the Today Show with Barbara Corcoran. Barbara chooses Sarasota. To see the clip please visit
#1 Biggest Market Sale.
This positive National news continues to…
Sarasota Real Estate Market Report for December and the Year 2011
Thursday, January 19th, 2012 at 6:51pm. 200 Views, 0 Comments.
Please find below the market report from the Sarasota Association of Realtors for the closed December 2011 Business. This is not only the numbers for December but they have also included the year end perspective.
Overall the year 2011 sales are up 8.2 percent achieving the highest sale level since 2005 and prices have stabilized over this past year. This is good news for both the buyers and sellers. Sellers are realizing that if they want to move, because of the low inventory, houses that are coming onto the market are being seen quickly.
At the end of December I brought a new listing onto the market and had 6 offers in the first few days. With one of those offers being accepted as a cash closing in 2 weeks. This is not an uncommon story. The reason…
Real Estate Sarasota - Market Update for November 2011 Closed Business
Saturday, December 17th, 2011 at 12:30pm. 234 Views, 0 Comments.
Please find below the latest statistics and information for Real Estate in Sarasota from the Sarasota Association of Realtors published this past week December 15, 2011. To view the article you can access it by visiting “Sarasota Association of Realtors November Sales”.
The Sarasota Real Estate market continues to show improvements with a declining inventory and stabilizing prices. We at Michael Saunders & Company at the Palmer Ranch Office are seeing a volume of sales that we haven’t seen since 2005. I personally have seen the effects of a low inventory creating a higher demand for properties across all price ranges. One of my listings came on the market and on the first day we had 6 cash offers. I am also seeing short sales closing much quicker…
Sarasota Real Estate Inventory and Prices June 2011
Thursday, July 21st, 2011 at 6:58am. 240 Views, 0 Comments.
The Sarasota Real Estate market continues to climb with a lower inventory of homes for sale and an uptick in the median prices. As the news of the housing industry nationally can be grime and depressing, the Sarasota Real Estate Market is seeing a declining of the number of homes and condos for sale. Inventory levels have shown a steady decline in the past 6 months to below what is considered a normal market.
A normal real estate market is considered when the number of homes for sale and the rate of homes being purchased is at a 6 month level. This is also referred to as the absorption rate. The current inventory for single family homes in the Sarasota Real Estate Market is at a 5.9 month absorption rate. Typically when the demand for houses is…
Sarasota Real Estate Market Update
Monday, March 14th, 2011 at 4:06pm. 206 Views, 0 Comments.
Sarasota Real Estate Market Update
In January’s Market Update I shared that the Sarasota Real Estate Market has seen some very significant improvements. Even though national and global economics can influence the market, the bottom line has always been that real estate is local in nature. Let me explain. The price of a house in Boston has nothing to do with what a person is willing to pay for a house in Detroit. A boom for houses in Seattle doesn’t effect a bust for houses in Nevada. So what has happened to make Sarasota real estate such a hot topic around the country and how does that effect you and me?
Sarasota Real Estate Market Update - January 2011
Tuesday, January 25th, 2011 at 5:49pm. 260 Views, 0 Comments.
This is the Sarasota Real Estate Market update for closed business in December with some year end numbers for 2010.
The year of 2010 has proven to be a very busy and productive year for real estate, myself and my fellow agents at Michael Saunders & Company. The Sarasota real estate market of 2010 saw an increase in unit sales over 2009 from 6,739 to 7,603, and in dollar volume a marginal increase of .5%.
I personally ended the year in the top 4% at the Sarasota Association of Realtors, finishing the year as the 116th realtor out of 3,400 realtors.
Thank you for trusting and referring me!
However, in one of the most challenging years ever Michael Saunders and Company agents closed company wide sales of $1.432 billion…
Sarasota Real Estate Market Update for December 2010
Tuesday, December 21st, 2010 at 2:02pm. 204 Views, 0 Comments.
Sarasota Real Estate Market Update for December 2010
The following information has been taken from a report by the Sarasota Association of Realtors, dated Dec. 13, 2010
Local market enjoys sales as prices rise in November 2010
November 2010 saw a resurgence in the Sarasota Real Estate Market, with more sales and higher median sale prices indicating a healthy seasonal boost.
Sales in Sarasota:
There were 534 total sales reported last month, compared to 487 in October 2010 and 553 in November 2009. The median sale price for single family homes rose to $160,100, from last month’s figure of $158,525. The stability in the median sale prices shows signs of improvement.
November 2010 534 Median Price $160,100
October 2010 487 Median Price…
Sarasota Market Update for the Month of May 2010
Friday, June 18th, 2010 at 3:43pm. 255 Views, 0 Comments.
Sarasota Market Update for the Month of May 2010
Sarasota Real Estate Market at the Highest Level since 2005: Prices Remain Stable
The following information has been taken from the market report given out from the Sarasota Association of Realtors. These are the market report numbers that have been recorded for business in the month of May 2010.
Property sales in May 2010 in the Sarasota market once again hit the highest total since 2005 and median sale prices continued the steady pace observed in recent months. The 766 sales were the highest for the year, topping the April 2010 total of 757, and were the highest total since December 2005, and 51.3% higher than the May 2009 total of 506 sales. Pending sales were once again strong, hitting 857, but were…