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Sarasota Real Estate Market Improves…

June 13, 2007

Developer Pat Neal indicated that home sales in May improved 15% over 2005.  More importantly, sales in May were up 300% over May 2006.  Homes sold in May were in the Lakewood Ranch neighborhoods of  Thornhill, Edenmore, Wexford, Silverwood, Forest Creek, Wisteria Park and the Country Club at Lakewood Ranch.  Average prices of homes sold were in the high $500,000s.

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