Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 19

Sarasota-Bradenton Real Estate Market: Statistics for November 2014

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "[d]espite a slower November sales month, the hot sales pace for the first 11 months of the year keeps Sarasota County on near-record pace for 2014, with the 10,621 closed sales coming in 364 sales ahead of the 2013 total at this time. With December 2014 sales already topping 500 by mid-month, the final annual total will almost certainly be the second highest ever recorded in the county." 

November 2014 sales dropped below 800 in Sarasota County with median sales price of $193,000 for single family homes and $175,000 for condos. Pending sales were at 725 while distressed properties - short sales or foreclosures - dropped to 21.2% of total sales, a sign of a healthy market. 

According to SAR President Peter Crowley, "[o]verall, the local real estate market continues to show strength and staying power, despite the November respite (...). The national economic numbers are the strongest in several years, and unemployment continues to drop. Our feeder markets in the northeast are getting healthier every month, and we expect new residents to continue to flock to our region."

To read the full November 2014 SAR Report, please click here

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

Sarasota Real Estate Market: SAR Statistics for July 2014

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "[p]roperty sales in Sarasota County almost reached the 1,000 level for the fifth straight month in July 2014, falling just short at 928 closed transactions. In the county’s history, only once has such a five-month hot streak been accomplished (...)". 

614 single family homes and 285 condos were sold last July with median sales price of $201,000 and $205,000 respectively. A 3% increase for single family homes and a 5.1% increase for condos from the previous month. According to SAR President, Peter Crowley, “[w]hat is surprising is that July was the first month in six years that we’ve seen both property categories – single family and condos – top the $200,000 median sale price level. The last time that occurred was in August 2008. We may have reached new balanced, sustainable price points in the market.” 

Pending sales were at 834 while inventory dropped at 3,912. As for distressed properties, short sales or foreclosures represented 19.5% of total sales, a clear indication of a strong market returning to historic norms. 

To read the full July 2014 SAR Report, please click here

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

Sarasota County market sales maintain steady pace

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that according to the Sarasota Association of Realtors® (SAR) "[p]roperty sales in Sarasota County for February 2014 maintained a very steady pace, and median sale prices for single family homes and condos also reflected market stability and integrity."

787 properties sold last month, with 32 being short sales and 131 foreclosures, while inventory rose to 5,000 and pending sales remained high. This decrease in short sales "may reflect the growing reluctance of mortgage lenders and banks to negotiate with delinquent property owners as the economy emerges from the great recession and the unemployment picture in Florida and across the nation improves." 

For the 12-months ending in February, median sales prices for single family homes were at $188,000 and for condos at $165,000.

According to SAR President, Peter Crowley, Sarasota County real estate market is steady and 2014 should be a good year, adding that "[v]olatility in real estate isn’t historically a healthy climate, so we don’t really mind the current state of the market. Sales levels are still quite high, and the moderation in median sales prices means the market has found a good equilibrium between buyers and sellers. We hope for the traditional price appreciation that this area normally enjoys as the season progresses.”  

To read the full February 2014 SAR Report, please click here

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

Sarasota Real Estate Market: August 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that "[t]he August 2013 property sales in Sarasota County stood at 957, a dozen sales less than recorded in July 2013, but 11.6 percent higher than in August 2012."

Median sales prices for single family homes were at $195,000 and for condos at $161,000. 
Pending sales stood at 864, inventory rose slightly to 3,793 and 499 properties listed for sale on the MLS as either short sales or foreclosures. 

According to SAR President, Roger Piro, “[t]he Sarasota County real estate market is healthy and robust (...) Clearly, the single family home market is currently leading the way, with the median sale price up 30 percent from last August. This is a competitive market, with low inventory and demand still at a fever pitch (...) We are optimistic that the remainder of 2013 will continue the positive trend in local real estate, and judging by the amount of foot traffic reported at open houses, the multiple property offers and the generally positive economy, we anticipate a great year and continued success into 2014." 

To read the full August 2013 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: Inventory drops to new decade low; sales remain high

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that "[t]he inventory of available homes in the Sarasota market fell to only 3,114 in June 2013 - the lowest level in longer than a decade, and an 18 percent drop from last year at this time. Declining inventory generally results in greater competition for available homes and condos and subsequent price escalation." 

A total of 883 properties sold last June; 642 single family homes and 241 condos with respective median sales prices of $200,000 and $192,500.

Pending sales stood at 1,024 while only 379 properties listed for sale on the MLS are either short sales or foreclosures. 

According to SAR President, Roger Piro, "[t]he Sarasota area is blessed with incredible natural beauty, great cultural assets and tremendous amenities that families enjoy year round (...). We have a tremendous real estat market, and more and more people are finding out about this area, across the nation and around the world."

To read the full June 2013 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: May 2013 Sales Hit New 8-Year High

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[m]embers of the Sarasota Association of Realtors® sold 1,020 properties in May 2013, the second consecutive month that sales have hit four figures since June 2005 (...). There have now been only 11 months in SAR's 90-year history that sales have topped 1,000, with the other nine occuring in 2004 and 2005". 

A total of 737 single family homes and 283 condos with respective median sales prices of $220,000 - the highest since August 2008 - and $194,250 sold last month.

Pending sales rose to 1,157 while available inventory hit a new low at 3,297, a 16% drop since May 2012. Currently, only 333 properties listed for sale on the MLS are either short sales or foreclosures. 

According to SAR President, Roger Piro, "[m]any local real estate agents are reporting their busiest year ever, and the buyers seem to be everywhere. With the tight inventory, prices are heading up, so for those looking to buy properties in Sarasota, you shouldn't put off the purchase".

To read the full May 2013 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: 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.

Displaying blog entries 1-10 of 19

Syndication

Categories

Archives





Kijner & Sons International Realty
83-85 Boulevard de Charonne, 75011 Paris, France


Privacy Policy - Terms of Service  - Contact Information - Site Map

Real Estate Websites by Real Pro Systems

Copyright © 2003-2018 Real Pro Systems LLC. All rights reserved.