FL: Sarasota Real Estate Market Has Slight Dip in April

Sarasota, Florida Real EstateClosings for Sarasota residential real estate showed a 9 percent decrease in April compared to March. The decrease, however, is not indicative of a destabilization again in the market but rather an annual trend. March typically is the peak month each year for property sales in Sarasota.

A total of 474 residential properties were closed in April compared to 519 in March 2011. One year ago, the closings for April were 500, a decrease of only 6%. The bulk of the sales were in single-family homes, with 257 closings, followed closely by condo sales of 143 units.

Of the condos, a penthouse at the Ritz Carlton residences sold within one day of reaching the market, selling for $4,000,000.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from Patch.com

Click here for gay realtors, mortgage lenders, and other real estate professionals in Central Florida.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *