Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "the Sarasota real estate market saw sales climb to a seven-year high in March 2012, with 831 properties changing hands during the month. Not since September 2005 has the local real estate association seen sales at that level. In addition, pending sales (which represent properties that went under contract during the month) reached the highest level in 12 month, another good indication that the current market surge will continue in the next few months".

Median sale prices for the 596 single family homes and the 235 condos sold were $174,900 and $192,000 respectively. As for pending sales for the month of March, they rose to 1,191 and inventory dropped to 4,463 from February's total of 4,588.

To read the full March 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.