Thursday, January 2, 2014

Sarasota Real Estate Posts Median Sales Increases for 2013

The latest data from the Mid Florida MLS confirms what I have been telling real estate buyers for months.  The Sarasota real estate market is strong.

The median sales price for a single family home in Sarasota County increased to $184,500 from $155,000 in 2012.

The median sales price for condos, townhomes, and villas in Sarasota County increased to $165,000 from $150,000 in 2012.  This result further supports my rationale for choosing single family homes over condos, since appreciation for single family homes is increasing faster than condos.

In case you missed it on my website:  www.davidbarrhomes.com/condo_versus_house

I have also updated sales statistics for Manatee and Charlotte Counties.  Please visit www.davidbarrhomes.com/sarasota_real_estate_prices for more information.

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