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…
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