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Market Conditions for Sarasota, Florida
Reported by Nicki Conway, REALTOR, CRS, e-PRO
Updated November 4, 2009.
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Current Market Rating: 2
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Current Price Trend: 3
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Falling
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Here are year over year statistics for three years for the Sarasota County area. These statistics include both Single Family Homes as well as condominiums:
October '07
For Sale: 16,559 Properties @ $289,900 Median Price
Under Contract: 426 Properties @ $247,000 Median List Price
Sold: 415 Properties @ $240,000 Median
Sold Average Days on Market: 375
Pending Average Days on Market: 151
Months Supply of Inventory: 38.6
National Months Supply: 34.9
September '08
For Sale: 11,312 Properties @ $239,900 Median Price
Under Contract: 478 Properties @ $169,900 Median List Price
Sold: 476 Properties @ $165,000 Median
Sold Average Days on Market: 124
Pending Average Days on Market: 127
Month's Supply of Inventory: 20.3
National Month's Supply of Inventory: 20.4
September '09
For Sale: 7,333 Properties @ $275,000 Median Price
Under Contract: 788 Properties @$144,900 Median List Price
Sold: 544 Properties @$147,879 Median Price
Sold Average Days on Market: 222
Pending Average Days on Market: 139
Months Supply of Inventory: 7.6
National Month's Supply: 11.0
To see all homes for sale in the Sarasota/Bradenton/Venice area, you can visit this website: http://www.SearchforSarasotaProperties.com
ZIP Codes: 34235, 34231, 34238, 34241, 34240, 34232, 34237, 34243, 34229, 34233, 34236, 34230, 34228, 34242, 34239, 34234
Approximate Location Boundaries: Sarasota from US 41 West to the Gulf and from US 41 East to I-75
Location Characteristics: Sarasota is a culturally rich town known to many as The Cultural Coast. Here we have a Ballet Company, A Symphony Orchestra, several live theatre organizations like "The Asolo Theatre", "Player's Theatre", and "Florida Studio Theatre". You can get an in-depth look at Sarasota by following this link: http://sales8.realtownblogs.com/communities/
If you haven't been to the Sarasota Film Festival, then you're missing out on one of the most enjoyable events of the season. Sarasota is an art mecca. We have artists colonies and numerous art galleries throughout the town. Chowhounds will love Sarasota for it's dining scene. Some of the finest chefs and restaurants are located right here in Sarasota. So pack your bags and come visit!
For More Information:
View Market Conditions of other areas served by Nicki Conway
Navigate: Top > Florida > Sarasota
About Nicki Conway:
Take ability, integrity and quality service, and you have the perfect recipe for success. With so many years of experience in real estate and business, Nicki Conway at RE/MAX Properties has earned an impressive reputation by making clients’ needs a top priority.
When you are buying or selling a home, you need a dedicated professional who is experienced, solution orientated, and committed to being the best. Nicki Conway at RE/MAX Properties turns ideas into action by working hard to exceed your expectations
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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