Sunday, September 10, 2006

Sarasota Real Estate News


Sarasota Median Price Rises Slightly July 2006

Congratulations to Maria Sharapova! I took a little break from showing Sarasota real estate on Saturday, and doggie sat for friends and past clients. Snuffy, Kita (the Sarasota pooches)and I watched the men's semi finals of the US Open, LSU football and then flipped to the women's final of the Open. Maria trained at Nick Bollettieri's Tennis Academy in Bradenton so we were thrilled to see her win and convincingly too!

Saturday afternoon's mail delivered statistics from Sarasota Realtor Magazine with the median price statistics for July 2007. As sales ease, the median price rose slightly. In Sarasota, the median sales price for a single-family home a year ago was $350,000 compared to $360,000 in July of this year. The number of single-family Sarasota homes sold this year was 349, compared to 534 last year in July.

Market adjustments continue in Sarasota and the inventory of homes available for sale remain at very high levels.

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