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.