CONDO SALES AND PRICES UP IN SARASOTA IN JANUARY 2010!
Posted by Bryan Guentner on Wednesday, March 3rd, 2010 at 1:51pm.According to an article in the Sarasota Herald Tribune, condominium sales soared in Southwest Florida during January, though prices dropped, and dropped precipitously in some areas compared with last year.
In the Sarasota real estate market, the median dropped 12 percent to $137,900 from $156,700 a year ago. But the January price was up 7.2 percent when compared with $148,600 in December. The generally cheaper prices apparently helped drive up sales.
Sales rose 109 percent last month in the Sarasota real estate market when compared with the same month one year ago, with 243 condos changing hands compared with 116 in January 2009.
The January median in Sarasota-Bradenton was up 8 percent to $156,700 from $144,800 a year ago, but the most recent price was down 6.4 percent from $167,400 in December.
Don't forget to contact Re/Max Platinum Realty at 941-929-9090 for your needs in Sarasota real estate, as well as your needs for Siesta Key real estate and Casey Key real estate.
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