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Sarasota Real Estate Market

June 19, 2007

Statistic form the Sarasota Association of Realtors seem to indicate that the real estate market has bottomed out and that the market is on it’s way to recovery.  Condominium sales have risen 7 percent and the median prices rose 15% to $312,600.  The number of pending transactions have reached a 12 month high.  In March the combined total of condominiums and homes sold reached 653 units, a 51% increase over the preceding month.

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