Sarasota Real Estate Information - Sarasota Real Estate Reports

Sarasota Real Estate Market Report: January 2016

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on February 23, 2016 for closed January 2016 business.

Home Prices Continue to Rise During Seasonal Sales Dip

SARASOTA, Fla. (February 23, 2016) – The end of 2015 witnessed record-breaking sales for both Sarasota and Manatee counties. January sales reflected the expected seasonal dip as a result of reduced buying activity during the holidays, even as median prices continued to rise. 

“Our slice of paradise is catching its breath a bit after our very busy fourth quarter,” said Linda Formella, RASM President, “and while sales are slowing down slightly, we are confident that our real estate community…

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Sarasota Real Estate Market Report: December 2015

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 22, 2016 for closed December 2015 business.

Ringing in the New Year with Record-Breaking Sales

The year 2015 was one for the record books in real estate sales for both Sarasota and Manatee counties, closing out the year with an all-time record of 20,691 in combined closed transactions, 1,302 sales above last year’s numbers.

“These truly are exciting times for the real estate community, and reflects the hard work and dedication of our Realtor® members,” said Linda Formella, 2016 RASM President. “Our industry has been steadily and soundly rebuilding and I am so proud of our professional…

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Sarasota Real Estate Market Report: November 2015

The following report, information, and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on December 22, 2015 for closed November business.

Sarasota/Manatee Markets Poised to Break All-Time Record in 2015

The Realtor® Association of Sarasota and Manatee is on pace to record the highest number of sales in
its 100‐year history.  In 2014, a total of 19,389 properties were sold in Sarasota and Manatee Counties. 
With 19,020 sales recorded in the first eleven months of 2015, only 370 property sales are needed in
December to break the record.  Sales have exceeded 1,000 every month this year, so it seems assured
that 2015 will be a historic year for real estate sales.  

SALES
…

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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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