Thursday, June 26, 2008

Sarasota's May Home Sales Statistics

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

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