Sarasota Real Estate Information - February, 2014

Sarasota Real Estate Market Report: January 2014

Posted by Sara Leicht - SaraSellsSarasota.com on February 25th, 2014

2014 Begins with Sarasota County Market Heating UP

The following report is from the Sarasota Association of REALTORS as published on January 20, 2014

NEW LISTINGS UP
New listings in Sarasota County were up substantially in January 2014, sending the total inventory to a 32-month high level, up 10.6 percent from December 2013 and yet another sign of a market in a strong recovery period.  In a recovering market, new listings and the overall inventory generally rise as sellers raise their estimation of a property’s value, but the increase normally occurs only after the market has turned up. Inventory levels are now 30 percent above the recent low in July 2013, only six months ago.

PRICES
In addition, the Sarasota County market continues to witness…

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