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December Was HOT!

With 648 total property sales reported in December 2009, the Sarasota real estate market saw the most closed transactions since March 2007, a 33 month span. Overall sales in December 2009 were also 52 percent higher than December 2008, when only 406 properties changed hands, and 70 sales higher than the 578 sales reported in November 2009. Median sale prices were also up last month for both single family homes and condos.

In Lakewood Ranch, the number of properties closed in December was 44, compared to 31 in November and 33 in October.  The median sold price was $257,250 which was down from November but pretty much on par with previous months. 

 To view the complete report, along with complete sales information for Lakewood Ranch, click here.