Realty Times - Sarasota, Florida Real Estate Market Conditions

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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.

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

Market Conditions Summary for Sarasota, Florida

Reported by

Keith Kropp
as of 2/9/2012:

The median sales price for both single family homes and condominiums has been on the increase as well as list prices. Distressed properties make up 37% of total sales and cash sales are at 66% of all sales locally. Although the 30 year fixed-rate... MORE->
About Keith Kropp

Reported by

Nicki Conway
as of 2/6/2012:

In Sarasota County in January 2012 there were 3563 Active Listings The average listing price is $511,634 and the median is $250,000. January 2012 in Sarasota County had 1783 Total Pending Listings with the average Pended listing amount at... MORE->
About Nicki Conway

Reported by

BJ Burnside
as of 2/3/2012:

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. In the past 30 days, activity & sales have increased.... MORE->
About BJ Burnside

Reported by

Joe and Missy Cleary
as of 12/15/2011:

The market has stabilized to narrowly down and this depends on the price sector you are interested... MORE->
About Joe and Missy Cleary

Reported by
William True
as of 2/8/2010:

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... MORE->

Average Current Market Rating: 2.6 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3 (5 ratings)

1	2	3	4	5
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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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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