Sarasota, Florida market news is good news if you are a seller.
In August of 2014 there were 975 closed transactions. Last month it was 928 and last August 2013 it was 957 transactions. Steady on through the summer we will probably see as good a number because of the 832 pending sales from August in Sarasota, Florida.
The median sales price for single family homes for August 2014 is $195,750, down a bit from last month’s price of $201,000 and about the same for August 2013 when it was $195,000.
Now, the inventory….it’s still low at 4.1 month’s supply. It is still a SELLER”S MARKET!
The Sarasota County Real Estate market is strong and with the great demand of buyers, it will continue. Can’t wait for the snow birds to flock back.
If you want to know what your home is worth or what to do to get ready to sell just call Susan Phelps at 941-726-2227 for help.
No longer hard to believe that our market continues strong throughout the year. Our summer dips are not so deep. September 2014, ended the month with 934 closed transactions – 14 percent higher than the 817 properties sold last September. The median sales price for single family homes dropped a bit from last month to $189,000 which is the same as last September.
Inventory remains almost at the lowest level. We are at 4 months of inventory. Now is the time to SELL!!!! It remains a seller’s market in the residential arena.
We are closing in on another record year for sales in Sarasota County. If you know of someone that is thinking of selling their house please ask them to call Susan Phelps at 941-726-2227. Even if they just want to know the value of their house, I can do that for them. And it’s great that we have so many buyers looking for property too. But we need listings to sell! Berkshire Hathaway Florida Realty has the exposure on a national scale to help you sell your house and get the best price.
I have found that working with customers that are looking for a home and lifestyle in Sarasota, Florida to move up to a larger space, a better neighborhood, and better schools sometimes lose sight of the original goals.
Follow these sensible questions to ask to stay on track:
Make a list of the 5 most important lifestyle items to start your search.
1. Is it location for schools or work? If you have to make a choice between the 2, which is it? Is it more important that your children have more time in a school that you feel is going to fit their needs or is it more important that you have more quality time with your children at home and time to engage in family and sport activities?
2. Is location for activities important? Do you require a dock on a Sarasota waterway for your boat or close proximity for beach time?
3. What spaces in your new home are most important? Are you an active person with lots of outdoor toys, boats, and bikes of all sorts? Is a 2-3 car garage or separate storage space essential?
4. How much maintenance do you want to do? Does a large yard and older home appeal to you because of the charm and character? Do you have the means to hire someone to take care of regular lawn maintenance or will that be your weekend job? Or is gardening your source of peace and creativity?
5. Moving to a larger home is not what everyone does? Do you need/want a larger home for a growing family? Or do you want larger outdoor spaces to have for family activities year round and for entertaining?
These are questions related to lifestyle that sometimes get clouded over by the excitement of finding a “pretty” house that might appeal to your esthetic nature. If a lifestyle for you and your family is most important then these are factors that you can’t forget. Write down how you want your lifestyle to look like. Create a picture collage to keep the visual up front and center. And remember….My Work-Style = Your Lifestyle….so call Sarasota Suze aka Susan Phelps at 941-726-2227.