Sarasota Real Estate Prices

According to the Florida Association of Realtors, the median price for existing single-family Florida homes for sale continued to rise in December to $247,000. The statewide median price of $194,000 was reported in December 2004.

The median sales price for a single-family Sarasota home, FAR reports at $365,000 for 2005. In December 2004 the price was $293,000. The number of homes sold in Sarasota in December 2005 dropped from the year before (643) to 393.

Showing waterfront condos in 2005 under $1 million last year, was difficult as there was very little inventory. Currently buyers arriving in Sarasota found many condos for sale to view from the MLS listings available. Sarasota is now a buyer's market so if you are planning to buy Sarasota real estate, give us a call to view the many luxury waterfront properties being offered in Sarasota. Of course, the closer to the water in Sarasota, the beach, the better the view, the better the property condition, the higher the price!