March sales in Sarasota top 500 for first time since July 2007
Posted by Marc Rasmussen on Tuesday, April 22nd, 2008 at 1:17pm.The Sarasota Board of Realtors released some news this morning about the Sarasota real estate market. Overall property sales in the local market for March 2008 topped 500 for the fierst time in 8 month according to the Sarasota MLS. There were 514 property sales reported which topped the February 20078 sales of 423.
There were 344 homes sold in March 2008 along with 170 condominiums. This compares to 294 homes and 129 condominiums in February 2008. March saw an overall increase of almost 22 percent over February.
An interesting fact about the Sarasota-Manatee markets - this area sold more overall properties than the Miami market. There were 1,022 overall sales where Miami only had 609. That obviously is a much larger market.
| The agents from our auction division feel good about our market in relation to other areas of Florida. We have done an auction in Miami/Ft. Lauderdale, Vero Beach and will have one in Destin next month. They tell me our market is much further along in the bottoming out process. |  |
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Share2 Responses to "March sales in Sarasota top 500 for first time since July 2007"
Thanks for the comment Marc. How can I over exaggerate the number of homes under contract? They are what they are. As far as the article you included in your comment I was at that meeting. My firm brought Jack McCabe to Sarasota to speak. I never said everything was sunshine and rainbows. Out of most agents who blog I think you will find that I am one of the more pragmatic ones.
Are there problems with Florida real estate? Sure there are. Are there bright spots? Sure there are.
Just because your Realtor said something does not mean it is true. There are a lot of misinformed agents out there.
Posted on Friday, April 25th, 2008 at 9:21am.
I think that your over exaggerate the market because you know want people to buy. Why else would you go out of your way. I have a friend who's a realtor and sorry thats not true. go to http://www.heraldtribune.com/apps/pbcs.dll/article?AID=2008802090406&source=email to see the real truth...
Posted on Friday, April 25th, 2008 at 9:18am.