Sarasota Home Sales Up Sharply in August

Sales in Sarasota-Bradenton increased 23% in August, compared to the same month a year ago. At the same time, the medium price fell 25% during that time. it now stands at $164,200 for the Sarasota & Bradenton area.

Throughout Florida, the same trend of increased sales and lower prices prevailed. Statewide, the median price fell 22% while sales increased 28%.

As predicted by many of us, lower prices are leading to higher sales volume. Buyers once priced out of the super-heated real estate market are returning to claim their place in the sun!