Sarasota home sales skyrocketed in September. The median price was held down by bank-owned and short sales.
Real estate "guru", Barbara Corcoran, proclaimed Sarasota to be the #1 city in the country which to buy a home right now during her appearance on the October 6th Today Show. She cited the dramatically lower property prices that have resulted from lots of foreclosures and short sales in the area in recent months. She also noted, however, that prices have just now begun to swing back up. She also praised the unique sports, arts and cultural appeal of the Sarasota - Bradenton area as well as the excellent health care and school facilities available in Sarasota and Manatee County.
Home and condo sales soared by 35% in September 2009, compared to the same month last year, and nearly 10% over August of this year.
If you have been considering buying that seasonal golf course community or waterfront home for now, planning to move to Sarasota permanently when you retire, now is the time to get down here and see bargain prices that haven't been seen in the past several years.
6 comments:
This city has everything you could want. Come see it today
i do not think that the soaring home sales are translating into any type of appreciation. when you compare the worst housing market ever to not as bad market the next year, then you could say they are swinging back. I agree that it is a good time if you are planning to buy and hold a long time.
I hear things are picking up. I'll be in Sarsota in December and will look you up.
Thnaks for keeping us informed.
It was rather interesting for me to read the post. Thanx for it. I like such topics and everything connected to this matter. I would like to read a bit more soon.
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