Sarasota Home Sales Rise, Home Prices Stable
With the sale of nearly 900 single-family homes and condos in Sarasota County, another 7-year high was reached in the Sarasota real estate market this April 2012.
According to recent reports by the Sarasota Herald-Tribune and Bradenton Herald, home prices didn’t rise, but home sales did, especially for condos for sale. In fact, condo sales in Sarasota County are up 26% from the previous month, and 31% from 2 years ago.
For those considering buying a home or condo in Sarasota, Florida, this is excellent news. On one hand, the increase in Sarasota home sales signals a recovering real estate market, and on the other hand, the stability of prices makes this one of the best times to buy a home or condo in Sarasota. With low interest rates and affordability, there is no time like the present to buy and invest in Sarasota real estate.