David Barr's Sarasota and Venice Real Estate Blog

Sarasota real estate statistics for 2nd Quarter 2019 are available.  The market continues to experience positive growth. Two categories are worth further analysis.  First, median time to contract increased 26% over last year.  I believe this is due to home buyers from up north cushioning or extending the closing date on their Florida property, so their current residence can sell.  This in return is affecting median time to sale. The second is median percent of original list price received.  There's a lot to dissect here.  Over priced listings aren't selling, and aren't reflected in this stat.  We call these expired listings.  If the property is priced according to the market, it's remained a steady 5% off list price for quite some time.  Every property is different, but use this number as a guide for what to expect. Contact me for expert pricing and marketing for your Sarasota area home for sale.

I just updated my website with 2014 median sales price for condos and single family homes in my 3-county service area:   http://www.davidbarrhomes.com/#!real-estate-prices-venice/c198a 2004-2014 median sales prices by property type and county If you have been looking since 2012 and still haven't purchased your Venice FL area retirement or seasonal residence, the median sales price of a single family home in Sarasota County has increased by $40,000.  Among condos, the median sales price increased $32,000 between 2012 and the end of 2014. We are continuing to see low inventory levels and strong buyer demand.   Contact me if you are thinking of selling or are ready to buy .