130% Increase in Condo Sales
Dec 23rd, 2009 | By bea | Category: Bradenton, Sarasota
There was an article in today’s Herald Tribune about a 130% increase in condo sales in Sarasota, Florida.
Here are some highlights of this article:
In the Sarasota-Bradenton market, 239 condos changed hands, a 130 percent increase from the 104 sales that took place during the same month a year earlier.
Realtors and analysts attribute the uptick to both the first-time buyer tax incentive, which was recently extended, and to the return of investors to the market.
All over the region and across the state, investors are snapping up condos that either came out of the ground or were converted from apartments during the boom.
In Sarasota-Bradenton, the median condo price was down 20 percent to $141,100 in November from the same month a year ago.
If your are interested in buying or selling a condo in the Bradenton/Sarasota are, please call the experts @ 941.866.1666.
