Sarasota Real Estate Market Update

The Sarasota real estate market continues to showing excellent signs of a recovery. April sales just released by the Sarasota Association of Realtors, outdid March sales. Probably fueled by the expiration of the homebuyers tax credit, the real estate market in Sarasota “hit the highest total in almost five years.” Sales were 50% higher than April 2009.


Pending sales remain strong and hit the highest total in the past four years.

Eric Shumway, 2010 President of SAR, pointed out that “there was clearly a sense of urgency in April, reflected in higher closed sales as well as contracts written, as buyers attempted to purchase properties before the expiration of the homebuyer tax credits." "There is a lot of enthusiasm and optimism among local real estate agents that the trend will sustain in the months to come."

If you would like to view Sarasota real estate listings, contact John Allen at 941-544-6467 or Annette Smith at 941-504-3922.  We can show you all Sarasota real estate.