Tuesday, February 15, 2011

Sarasota Real Estate Market Stats - January 2011

Pending Sarasota Real Estate sales surge in January 2011


The Sarasota Association of Realtors just announced more good news about the Sarasota real estate market in today's press release.
The Sarasota real estate market continues to recover as pending sales "experienced a major climb in January 2011, from 789 in December 2010 to 1,013 last month for a 28 percent increase. This statistic is a strong indicator for the next two or three months of sales, as pending sales reflect current buyer activity. It was the first time pendings have exceeded the 1,000 mark since April of 2010, when the looming homebuyer tax credit expiration date was fueling sales activity."

January's overall sales totaled 537, opposed to last year's figure of 506 sales although somewhat "disappointing compared to the 681 sales in December.  January is traditionally a slower sales month due to the holidays, and sales have dropped from December to January over the past several years. Last year, sales dipped in January but surged strongly in February, March and April. The dramatic rise in the pending sales last month, coupled with positive word of mouth reports from SAR members, predicts a potential repeat of last year, even without a homebuyer tax credit."

SAR President Michael Bruno said "the market is very lively right now." 
 

Friday, February 04, 2011

Habitat for Humanity - ReStore II Pre-Grand Opening

Habitat for Humanity is holding a Pre-Granding Opening Celebration of ReStore II on Friday, February 18, 2011 from 6:30 pm to 8:30 pm.  The new store is located at 4408 Bee Ridge Road in Palm Plaza at the corner of Bee Ridge and McIntosh.

The new store will offer for sale over "10,000 square feet of donated items to the public at affordable prices."

Both of the Sarasota stores sell a variety of of merchandise from donated items to new items donated from store overstocks, manufacturers, builders and people of our community.

Proceeds from the stores help to build homes for low-income families in Sarasota County.  If you would like to donate to either of the Sarasota stores, please call 941-363-0777. 

For information on Sarasota homes for sale, contact the John Allen Team at 941-544-6467.