Sarasota Real Estate Information - Sarasota Real Estate Reports

Sarasota Real Estate Market Report: October 2015

The following report, information and statistics are from the Realtor Association of Sarasota/Manatee as published for their Realtor members and the public on November 23, 2015 for closed October business.

Market Remains Stong in October 2015

 The October real estate market in Sarasota and Manatee counties remained strong, with overall sales slightly lower than September and last October, but median sale prices up substantially over last year at this time.

SALES

Property sales in October totaled 880 in Sarasota County and 708 in Manatee County, for a combined 1,588, down about 1 percent from the September total of 1,608. The median sales prices saw both increases and declines.

Single family homes in Sarasota County saw an increase of almost…

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Sarasota Real Estate Market Report: September 2015

The following report, information and statistics are from the Realtor Association of Sarasota/Manatee as published for their Realtor members and the public on October 22, 2015 for closed September business.

Sales Stay Strong in Traditionally Slower September

Property sales in Sarasota and Manatee counties were somewhat slower in September 2015, but the drop off from August was expected after an unprecedented six month run of record-setting closings. In addition, the start of fall 2015 looks a lot like the same time last year, but with one major exception. Single family home median sale prices in both Sarasota and Manatee counties have risen sharply over last year at this time, once again reflecting the law of supply and demand as single family…

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Sarasota Real Estate Market Report: August 2015

The following report, information and statistics are from the Realtor Association of Sarasota/Manatee as published for their Realtor members and the public on September 21, 2015 for closed August business.

August 2015 - Inventory Drops as Prices Climb

The active inventory of properties for sale in Sarasota and Manatee counties continued to drop in August 2015, while the median sale prices skyrocketed over last year at this time, demonstrating a strong seller’s market in the region.

INVENTORY OF HOMES FOR SALE
According to the Realtor® Association of Sarasota and Manatee, the inventory of single family homes and condos fell to a combined 3,303 in Sarasota County and 2,534 in Manatee County. This compares to 3,745 last August in Sarasota County and…

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Sarasota Real Estate Market Report: July 2015

The following report, information and statistics are from the Realtor Association of Sarasota/Manatee as published for their Realtor members and the public on August 20, 2015 for closed July business. 

July 2015 Sales Continue Record Pace

The pace of property sales in Sarasota and Manatee counties in July 2015 continued at a record annual rate, with 1,974 closings, up 23.5 percent over last July’s combined total of 1,600 for the two-county region. If the final five months of the year continue at this pace, 2015 will end with the highest number of sales in the region’s history.

SALES
Sales in Sarasota County hit 1,174 in July, only 9 sales below the June total and once again near the all-time record of 1,224 set in April of this year. Manatee…

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Sarasota Real Estate Market Report: June 2015

The following report is from the Realtor Association of Sarasota/Manatee as published on July 22  for closed June 2015 business.

Sales in June 2015 Continue Record Pace

Falling inventory didn’t hold back the real estate market in Sarasota and Manatee counties in June 2015, as sales continued to push into near-record territory and median sale prices rose in both counties.

SALES
Total June sales again topped 2,000 for both counties combined (2,058), pointing toward another potential record-breaking year in 2015. Sales in Sarasota County hit 1,183 in June, one more than in May and 12.9 percent higher than last June. Manatee County saw total sales of 875, above the May figure of 827 and about 24 percent above last June’s level.

MEDIAN SALES…

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Sarasota Real Estate Market Report: May 2015

The following report is from the Realtor Association of Sarasota/Manatee as published June 24, 2015 for closed May 2015 business.

May 2015 Sales Continue Record Pace

The residential real estate market in May 2015 in both Sarasota and Manatee counties continued to produce near-record sales, pointing toward another potential record-breaking year in 2015.

SALES
Overall sales in Sarasota County hit 1,182, only 42 sales below last month's all-time monthly record, while Manatee County saw total sales of 827, higher than April's figure of 813 and last year's May total of 752.
 
Sales levels in both Sarasota and Manatee counties have been at historically high levels for several months, and median sale prices have also been trending upwards.

MEDIAN SALES…

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Sarasota Real Estate Market Report: April 2015

The following report is from the Realtor Association of Sarasota/Manatee as published May 22, 2015 for closed April 2015 business.

April 2015 Sales Hit All-Time High

Sales levels in both Sarasota and Manatee counties have been bubbling at the top of historically high levels for several months. In March, overall Sarasota County sales were just below the all time high, while Manatee County sales were also much higher than the traditional volume seen in recent years. In April, the record in Sarasota was finally exceeded, while in Manatee, sales remained at near the highest level in history. At the current pace, both counties will exceed their all-time annual highs in 2015.

SALES
Property sales in April 2015 in Sarasota County totaled 1,224 sales…

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Sarasota Real Estate Market Report: March 2015

The following report is from the Realtor Association of Sarasota/Manatee as published April 22, 2015 for closed March Business.

Property Sales Remain High in March 2015

The year 2015 was already churning along at a record-setting pace, but March 2015 sales in both Sarasota and Manatee counties reached even greater levels. The number of closed property transactions increased in Sarasota County in March 2015 by 14.3 percent from last March (to 1,201 from 1,050) and 43.5 percent over last month, when 837 closings were reported. Manatee County saw a 20.1 percent increase from last March (to 800 from 666), and was up 34.9 percent from February, which had 593 closings.

SALES
In March 2015, closed sales in Sarasota County totaled 789 single family homes…

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Sarasota Real Estate Market Report: February 2015

The following report is from the Realtor Association of Sarasota/Manatee as published March 25, 2015 for closed February Business.

Pace of Sales Quickens During February 2015

The number of closed property transactions increased in February 2015 across both Manatee and Sarasota counties, and pending sales also remained at a high level, a harbinger for a busy spring real estate sales forecast. Median sale prices were also up substantially, particularly in Manatee County, a sign that the market is favoring sellers as 2015 begins.

“Once the holidays have passed, home shoppers jumped off the fence and started signing
contracts,” said Association President Stafford Starcher. “We are now above the record pace of sales experienced in 2014, and the pending…

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Sarasota Real Estate Market Report: January 2015

The following report is from the Realtor Association of Sarasota and Manatee as published on February 25, 2015 for closed January business.

2015 Begins with Property Sales Moderating

Property sales, pending sales, and inventory levels in January 2015 looked a lot like January 2014 in Sarasota and Manatee counties.  In both years, sales dropped from the previous month (December), while pending sales skyrocketed and inventories of available properties grew substantially.

The message from the numbers was clear – holiday time home shoppers weren’t anxious to sign on the dotted line, instead putting off closings to later in the winter or spring.  And homeowners were eager to test the market and determine how much their property might have recovered in…

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