Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "a steady drop in property inventory for sale [to 4,408], combined with a stable sales demand in the Sarasota Real Estate market, is pointing toward normalcy, healthy property appreciation in the coming months". As for numbers, a total of 601 properties were sold in August 2011 in the Sarasota, Florida area, an almost 6% increase from August 2010 with 567 sales. There were 445 single family homes and 156 condos sold last month with a median sales price for both of $165,000. As for pending sales, they rose to 813.  

To read the full August 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.