The Sarasota market has grown closer to equilibrium with slightly over a seven month supply of homes on the market. Six months is considered a normal supply/demand market. The strong buyers market began to taper out toward the end of 2009. Much of this has been due to the popularity of Sarasota as one of the best places in the country to live. We will likely remain in a buyers market throughout 2010 before becoming more of a neutral market in 2011. In these volatile times, it becomes even more important to use a buyers agent when purchasing real estate.
Company: True Real Estate
Phone: 941-918-1956
Email: william at truesarasota dot com