Sarasota Real Estate Sales Statistics for October

By | November 20, 2012

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October 2012 sales jump 24 percent over last year!

The Sarasota Association of Realtors just released the statistics for the month of October which show that members of the Sarasota Association of Realtors┬« sold 719 properties in October 2012, a robust 24 percent increase over last October’s figure of 577 total sales. The sales total was also 10.9 percent higher than in September, when 648 properties changed hands.

The category totals were 516 single family homes and 193 condos sold, compared to last October when only 412 single family and 165 condos were sold. Over the last several years, the local real estate market has witnessed sales lulls in September and October. But this year, the market has remained busy and healthy in the early fall, following a very active summer. Foot traffic at open houses has remained strong and multiple offers on available properties have become routine. The inventory – at the lowest levels in a decade – is partially responsible for this trend, along with the improving economy.

For the full report and statistical charts click HERE.

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