More Positive News for Sarasota Real Estate Recovery

Median Price Declining as Home Sales Rise in Sarasota Florida

In the last few weeks, we've actually had a few positive spins on the Sarasota real estate market. Sarasota's market seems to be one of the markets that is leading the state in a comeback. Homes sales are up as the median price declines. Sellers are becoming more realistic and pricing to sell their properties, and buyers are finally dipping into the waters of Sarasota at a time when home inventory is at its best.

According to released Sarasota MLS statistics, realtors in Sarasota - Bradenton sold 490 homes in January 2008 compared to 472 homes in the same time period in 2007. Pricing declined 14% in the area in January.