While most areas throughout the state continue to struggle, home sales in the Sarasota MLS hit an all time high for 2008 in May with a total sold of 627 single family houses and condos--the most properties sold in one month since March 2007. This marks the fifth consistent increase in sales this year: January 329, February 423, March 514 and April 567.
Inventory levels were also lower in May for the third month in a row with a total of roughly 9500 homes and 5100 condos currently for sale.
There's still a lot of truly affordable housing available out there, including great deals on foreclosures. If you're interested in receiving automatic updates of newly listed homes and price reductions--or need help finding your dream home--email me at Christina@YourHometownConsultant.com.
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