The Sarasota-Bradenton MSA reported a total of 1,055 homes sold in March compared to 765 homes a year earlier for a 38 percent increase. The market's existing home median sales price last month was $163,800; a year earlier it was $150,000 for an increase of 9 percent. A total of 382 condos sold in the MSA in March compared to 226 units sold the same month a year earlier for an increase of 69 percent. The existing condo median price last month was $146,400; a year earlier, it was $129,000 for a gain of 13 percent.
39 homes over $1,000,000 sold in March. This was almost a 30% increase from February and a 30% increase from March 2009. The highest recorded sale was an $8.4 million dollar estate with over 8700 sf in Sarasota.
Steve Eckhardt, Broker, Luxury Real Estate Professional
Contact me at (813) 765-1182
Check Out Steve Eckhardt's Other Social Networking Profiles
My Blog http://www.luxuryhomeblog.com
Facebook http://www.facebook.com/CornerstoneProperties
Twitter http://www.twitter.com/theflbroker
Flickr http://www.flickr.com/photos/27264581@N08/
I'm so glad it's picking up for one of my favorite areas of Florida.