Sarasota Real Estate Market Monthly Update

Sarasota Real Estate Market Update

Sales of Sarasota Florida Homes Total 500

The Sarasota Board of Realtors issued a press release on April 22 indicating even more improvement in Sarasota's real estate market 

Statistics pulled from the MLS system reported overall property sales in the local market for March 2008 topped 500 for the first time in eight months. March property sales totaled 514 and easily beat February 2008 Sarasota property sales of 423.

Sarasota single family homes sold totaled 344 in March 2008 and 170 condos were sold.  In February, 294 single family homes sold and 129 condominiums.

A small decline  of 6.3 percent in the median sale price for single family homes was reported.  Median prices of condos rose slightly from $230,500 in February 2008 to $235,000 in March 2008 weakness."

Helen Sosso, 2008 SAR President, said:  "Once again, the local real estate market in Sarasota is proving its resilience, even as the state and national housing market statistics continue to show  weakness."  Read article in its entirely in our Sarasota Real Estate News Blog.

For photos, virtual tours and area information on Sarasota real estate or Sarasota's barrier islands:  Longboat Key, Casey Key, and Siesta Key visit The Herron Group listings. 

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