Despite a slowing of activity in the Sarasota Real Estate Market as a result of the global health crisis, consumer confidence in real estate has not waned, and we have been reminded how very important our homes are to our safety, health and well-being…now more than ever.
The real estate market is expected to remain stable when the country gets back to business with prices returning to a modest pace of growth, sales activity expanding and new home building continuing to try to meet strong demand.
The Sarasota Real Estate Market experienced considerable growth in transactions, total dollar volume and prices. With 20% more contracts signed in the month than last year, the next 30-60 days should remain strong.
The Sarasota Real Estate Market ended 2019 on a high note with sales transactions exceeding last December by nearly 52% and total dollar volume increasing almost 63% over prior year.
Activity in the Sarasota Real Estate Market maintained a positive direction in November, when analyzing data on growth over prior year. With total sales and dollar volume exceeding prior year by 6% and 10.5% respectively, transactions in the luxury tier up by more than 40%, and prices remaining stable, all signs are pointing to closing […]
As 2019 entered the 4th quarter, it appears that The Sarasota Real Estate Market is on pace to maintain consistent growth through the end of the year.
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Longboat Key, Florida 34228
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michaelmoulton@michaelsaunders.com
Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228