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Sarasota Real Estate Market: October 2012 sales jump 24 percent over last year

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[m]embers of the Sarasota Association of Realtors® sold 719 properties in October 2012, a robust 24 percent increase over last October's figure of 577 total sales. The sales total was also 10.9 percent higher than in September, when 648 properties changed hands".

A total of 516 single family homes and 193 condos with respective median sales prices of $176,000 and $160,000 sold last month.

Pending sales rose to 954 and available inventory of homes on the market increased to 3,517 compared to last month's 3,460. 

According to SAR President, Laura Benson "(...) the Sarasota real estate market is in full recovery mode, and our members are remaining very busy helping clients buy and sell property (...) This is probably the optimum time to list your home, if you've considered selling during the recent time period. The season is almost upon us, and our winter residents and visitors will begin to arrive soon."

To read the full October 2012 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota real estate market remains hot in August

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[m]embers of the Sarasota Association of Realtors® sold 819 properties in August 2012, up 36 percent from last August as the hot summer sales market in local real estate showed no signs of cooling off". A total of 587 single family homes and 232 condos with respective median sales prices of $169,945 and $149,000 sold last month.

Pending sales rose to 953, available inventory of homes on the market dropped to 3,504 and 507 properties for sale were either short sales or foreclosures. 

According to SAR President, Laura Benson, "[t]he old adage says all real estate is local, and in Sarasota, we are experiencing a resurgent, vibrant, energized market - the best we've seen since the end of the boom years in 2006 (...) SAR members have been reporting incredible sales numbers, and competition for available properties is high due to the very low inventory. My advice to buyers would be to get off the fence - you might miss out on your dream home."

To read the full August 2012 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota Real Estate Market: July sales continue hot streak

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[t]he Sarasota real estate market remained active and strong in July 2012, with 699 closed sales reported by members of the Sarasota Association of Realtors®". 

A total of 523 single family homes and 176 condominiums sold with respective median sales prices of $178,000 and $176,000. Pending sales rosed to 919 and available inventory of homes on the market dropped to 3,644.

According to SAR President, Laura Benson, "[t]he Sarasota real estate market remains a bright spot in Florida and the nation (...). We couldn't have asked for a better second quarter, and of course the amazing numbers were not expected to continue indefinitely. But the fact we haven't seen any big drop off in sales, and we are significantly ahead of last year's pace, is great news for our members."

To read the full July 2012 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota Real Estate Market: June 2012 Sales in second quarter at highest level since 2005

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[w]ith 864 closed sales transactions in June 2012, the Sarasota real estate market achieved the highest level of quarterly sales in seven years, with 2,604 sales from April through June".

According to the Sarasota Association of Realtors® (SAR), a total of 603 single family homes and 261 condominiums sold with respective median sales prices of $178,500 and $195,000. Pending sales dropped to 860 and available inventory of homes on the market to 3,816.

According to SAR President, Laura Benson, "Sarasota is clearly the place to be if you work in the real estate industry. Agents [...] are very, very busy trying to keep up as the buyers explore our market for the best deals."

To read the full June 2012 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota Real Estate Market: Pending sales spike in January 2012; prices also rise

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), pending sales for the month of January 2012 rose 28% from last December, "a strong indicator for a successful 2012 season for real estate agents and firms".

A total of 963 contracts were signed for property transactions of which 723 for single family homes and 240 for condominiums with respective median sales prices of $162,000 and $180,000. "The median sales price rise from last year is very striking, and probably has a lot to do with the lower inventory of available properties and the improved national economic picture," explained SAR President Laura Benson.

As for inventory last January, they stood at 4,711, a 22% drop from last year 6,047 showing that "the law of supply and demand will likely start to take hold in the Sarasota market, pushing asking prices higher". 

To read the full January 2012 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

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