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.