2013 Real Estate Sales Up Double Over Last Year

By | January 22, 2014

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business graph in blueSarasota County median sale prices for single family homes and condos in December 2013 were up double figures over last December as the real estate market ended the year on another high note. Single family home prices were at $189,950 in December, compared to $165,000 last year at this time for a 15.1 percent increase. Condos also saw a big rise, hitting $182,000 in December 2013 compared to $165,100 last year for a 10.2 percent increase.

The 12-month rolling median, which moderates monthly swings, for single family homes was $184,900 in December 2013, up nearly 20 percent from last year at this time ($155,000). For condos the rolling median was $164,900, up 10.1 percent over last year’s figure at this time ($150,000).

Total property sales in Sarasota County in December 2013 stood at 920, with 621 single family homes and 299 condominiums changing hands. This compares to 906 for last December.

December 2013 sales bested November’s 787 sales by 16.9 percent. For the full year 2013, Sarasota County had the second highest number of sales ever tracked in the MLS system at 11,184.

To view the full press release from the Sarasota Association of Realtors visit

http://www.sarasotarealtors.com/files/monthlystatistics/Dec2013Stats14012030603.pdf


1 Comment

Hallmark Residences on February 5, 2014 at 11:55 am.

Hi Joe, thanks for sharing the 2013 sales results. As a fellow broker, I wish for a better 2014 and hope real estate market continues to SOAR!

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