Sarasota Home Prices Rise
More Good News for Sarasota Real Estate.
The following housing data is provided by Realtor.com
FACT: Median list prices nationwide have risen 4.05 percent on a year-over-year basis, according to November housing data of 146 metro areas. Fewer cities are reporting year-over-year list price declines.
So where have prices risen the most in the last month? The following are the 10 cities that saw the largest median list price increases from October to November 2011.
1. Central Fla.-Regional Statistical Area
Month-to-month median increase: 5.63 percent
Year-over-year increase: 14.27 percent
Median list price: $169,000
2. Phoenix-Mesa, Ariz.
Month-to-month increase: 4.46 percent
Year-over-year increase: 10.54 percent
Median list price: $164,700
3. Miami, Fla.
Month-to-month increase: 3.60 percent
Year-over-year increase: 29.50 percent
Median list price: $259,000
4. Tampa-St. Petersburg-Clearwater, Fla.
Month-to-month increase: 3 percent
Year-over-year decrease: -2.50 percent
Median list price: $144,200
5. New York, N.Y.
Month-to-month increase: 2.71 percent
Year-over-year decrease: -2.57 percent
Median list price: $379,000
6. Fort Myers-Cape Coral, Fla.
Month-to-month increase: 2.69 percent
Year-over-year increase: 21.63 percent
Median list price: $224,900
7. Iowa City, Iowa
Month-to-month increase: 2.50 percent
Year-over-year increase: 3.02 percent
Median list price: $204,900
8. Tucson, Ariz.
Month-to-month increase: 2.41 percent
Year-over-year increase: 2.41 percent
Median list price: $174,000
9. Sarasota-Bradenton, Fla.
Month-to-month increase: 2.13 percent
Year-over-year increase: 16.56 percent
Median list price: $240,000
10. West Palm Beach-Boca Raton, Fla.
Month-to-month increase: 1.86 percent
Year-over-year increase: 15.26 percent
Median list price: $219,000
If you look at Sarasota, FL you will see that the year over year increase was quite high. Higher list prices usually indicate higher sales prices! My 2012 prediction is that this may be the best time to sell your home in years!
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