Thursday, July 08, 2010

Sarasota rising by the numbers

Remember the golden days for buyers maybe a year ago in Sarasota.

Well, that time has pretty much passed and we are fast going back to a normal market.

As of this writing there are 3,908 single family homes listed on the MLS in Sarasota and 575 sold in the past 30 days. That leaves about 6.8 months of inventory. Sarasota is in a neutral market headed towards a seller's market.

Under $150,000 there is four months of inventory. It is now a seller's market.

Under $250,000 there is 4.7 months of inventory. Again a seller's market.

One area is still a buyers market the over $1 million range there is almost 39 months of inventory.

All the best
Greg Owens P.A.
Realtor
Keller Williams On the Water
941.932.6343
greg@teamworksfla.com
www.teamworksfla.com

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