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REALTOR.com Real Estate Trends – June 2011

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you the latest real estate data from REALTOR.com showing among others, markets with the largest year-over-year increase in median list price and areas where the median age of the inventory was less than 60 days.

The markets with the largest year-over-year increase in median list price include:

 

City

State

Percentage 

1   Fort Myers-Cape Coral Florida +31.23%
2 Miami Florida +12.91%
3 Shreveport-Bossier City Louisiana +9.35%
4 Springfield Illinois +8.79%
5 Fort Pierce-Port St. Lucie Florida +7.72%
6 South Bend Indiana +7.53%
7 Sarasota-Bradenton Florida +7.26%


The areas where the median age of the inventory was less than 60 days include:

  City State Number of Days
Denver Colorado 30 days
2 Tampa-St. Petersburg-Clearwater Florida 43 days
3 Oakland California 46 days
4 Fresno California 50 days
5 Bakersfield California 57 days
6 Anchorage Alaska 58 days

 

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Source:

Realtor.com Real Estate Trends - June 2011 (Data) 

Sarasota Real Estate Market: Sales surge continues in May; condo prices soar

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), a total of 796 properties were sold in May 2011 in the Sarasota, Florida area - the second highest total in the last six years. 546 single family homes and 250 condos were sold this past month with respective median sales prices rising to $159,000 and $218,750 while inventory dropped to 5,010, a significant decrease from last month's level of 5,258. As for pending sales, they dropped to 841.  

To read the full May 2011 SAR Report and get all the statistics, please click here

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

 




Sarasota Real Estate Market: Local Real Estate Market Continues Strong Spring Surge

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), a total of 759 property sale were closed in the Sarasota real estate market in April 2011 continuing a strong spring spurge that reached the 800 level in March with prices maintaining their highest levels of the year for both single family-home and condos. 533 single family homes and 226 condos were sold this past month with respective median sales prices of $155,430 and $ 185,500. Inventory dropped to 5,258 (the lowest level in six years) and pending sales to 959. To quote SAR President Michael Bruno, "Even without the federal tax credit, Sarasota is emerging as a market leader".  

To read the full April 2011 SAR Report and get all the statistics, please click here

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

 

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