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November 22, 2009


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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Sarasota, Florida


Reported by

Michael Herschberger
as of 11/16/2009:
Our area market has seen sales and pending sales continue to rise significantly over the past 3 months. A big portion of these have been "short sales" and bank owned homes. Values have dropped to the level where buyers are finding exceptional value... MORE->
About Michael Herschberger

Reported by

Judy Falkenthal
as of 11/16/2009:
http://www.heraldtribune.com/article/20090913/ARTICLE/909131027/2055/NEWS Sarasota is a HOT Market with the lowest prices since early 2000. Our prices are down 30% since last year at this time and up 13% since last quarter. Our home and condo... MORE->
About Judy Falkenthal

Reported by

TeamWorks
as of 11/10/2009:
Yachting dreams in paradise Over the past week the annual Fort Lauderdale International Boat Show has been taking place. You had everything from the small fishing boats to the more 200 foot luxury yachts. The good news is that... MORE->
About TeamWorks

Reported by

Lillian Ridgeway
as of 11/6/2009:
We've not seen prices this low in years! Florida is busting out all over with properties offered for sale. The opportunities are endless. Between "short sales" foreclosures the typical downsizing and upgrading, the SW coast of Florida has something... MORE->
About Lillian Ridgeway

Reported by

Nicki Conway
as of 11/4/2009:
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... MORE->
About Nicki Conway

Reported by

BJ Burnside
as of 11/2/2009:
This is a very fast growing area for many reasons.READ the Location Characteristics section & you will understand why. We have a good selection of inventory of new & re-sale homes. We needed the correction after the unprecedented previous... MORE->
About BJ Burnside

Reported by
The Shapiros
as of 10/1/2009:
Inventories levels are improving (downward) in Sarasota/Manatee Counties due to lower pricing. (Longboat Key Statistics) Inventories are slightly lower and there have been more sales as compared to the previous report. There are... MORE->

Reported by

Margaret Henkel
as of 9/15/2009:
The Sarasota Market continued it's recovery in August with 928 homes going under contract (up 16.4% since last year), 894 going under contract (up 14% since a year ago) and active listings falling to 6,952 (down 3.2% since last year). What is... MORE->
About Margaret Henkel

Reported by

Mary Bernas
as of 9/2/2009:
"The local market in Sarasota County is maintaining an encouraging level of sales volume and lower inventories," according to 2009 SAR President Bill Geller. The tax credit of $8,000 is still available to first time homebuyers until that... MORE->
About Mary Bernas


Average Current Market Rating: 1.7    (9 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.1    (9 ratings)




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Falling

Rising

Navigate: Top > Florida > Sarasota
Bird Key - Casey Key - Downtown Sarasota - Greyhawk Landing - Lakewood Ranch - Lido Key - North Sarasota - Palmer Ranch - Prestancia - Siesta Key - South Sarasota - St. Armands Key


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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