Market Trends

Market Trends

By Brian Tresidder
Home prices in Sarasota County continue their ascent, as the median sales price for condos and single family homes in December 2013 were up double digits over the figures from December 2012, once again ending the year on a high note.

The median sales price of a single family home reached $189,950 in the month of December, marking an impressive 15.1 percent increase over last December’s median sales price of $165,000. The condo market also experienced a significant price jump in December 2013 as the median sales price for condos in Sarasota County reached $182,000, representing a 10.2 percent increase over last December’s median sales price of $165,100.