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The easiest way to determine the activities of the real estate
market is to find out the number of properties that have been put under
contract.
The number of properties that was put under contract, for the month of
November, was less than normal. There are approximately 582 homes in
the real estate market. During the month of November, only 13 homes
were placed under contract, with the lowest price of US$575,000. Seven
of the thirteen homes, which include waterfront areas and inland homes,
were priced under US$1 million. The highest priced home, which took 266
to obtain a contract, is priced at US$2,495,000. |
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This October, an unexpected decline of sales causes a statewide backlog of unsold homes.
In October, the real estate market fell 2.7 percent. The unexpected
decline signals an increase in unsold homes. In 19 years, this has been
the fastest rising price in the real estate market. |
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A city rich in cultural life and leisure activities, Sarasota offers residents a superb quality of life. CNN/Money Magazine chose Sarasota as America's Best Small City and one of the nation's top eight Best Places to Retire.
Sarasota is a city that offers something for everyone: pristine beaches, world-class shopping, international cuisine, renowned museums and galleries, Florida's signature water sports and outdoor activities, the serenity of aquariums and botanical gardens, and the excitement of friendly street festivals.
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