Sarasota Real Estate Market Sets Records in 2015

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Sarasota Real Estate Market Reports – In an effort to keep both buyers and sellers informed about our local market, we publish this information as it is given to the public from our local realtor association of Sarasota and Manatee County. Please find below the monthly reports complete with charts and statistics for the local Sarasota market.

In luxury residential real estate. The luxury market has led the charge for our business,” said Joel Schemmel, associated with Premier Sotheby’s International Realty and based in downtown Sarasota..

Sarasota FL Real Estate Market Statistics Below you’ll find statistics on homes for sale in Sarasota, FL, updated every day from the Sarasota FL MLS. These statistics include information on listings in the Sarasota FL area as a whole as well as within individual neighborhoods and subdivisions in Sarasota.

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While downtown Sarasota is still largely an all cash market, all-cash transactions did drop from 78% of sales to 68%. The financed transactions are heavily skewed toward the lower end of the market with 80 of 103 financed sales being in transactions where sale price was less the average sale price of $668,000.

Could Sarasota, FL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Sarasota.

 · Housing sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

Roger describes the 2016 Sarasota real estate market at the mid-season mark in REALTALK #79 One of the technologies set to have the biggest impact on real estate is blockchain. The decentralized and unalterable properties of blockchain are enabling radically more efficient ways to make.

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