Sarasota Real Estate Statistics: April 2008
Posted on May 6th, 2008 by Justin under Advice, Florida Real Estate, Sarasota Real Estate, Sellers, Service, Shirley International Realty Inc., Statistics

(Which Guy Could Sell Your Home the Quickest? The One in the Blue Shirt and Gold Tie Looks Like a Winner to Me.. (But The Donald Wins the Best Resolution Pic Award..)
The real estate market has picked up quite a bit in the Shirley International Realty Inc. office.. I’m seeing many international buyers diving into the market and taking advantage of economic slumps in the States, & many investors sinking their investment dollars back into rental properties, vacation homes, & really taking advantage of the great deals that our market is currently saturated with..
We feel our advances in internet marketing have lead to many of recently closed deals, and are now providing listing services for sellers all over the state of Florida. I will go over our new marketing techniques in a soon-to-be post.. For now, I want to take a look at the number of closed sales that have occured during the month of April 2008, and see if the market reflects the, “in-office” spike we’ve noticed..
Our numbers reflect Sarasota’s MLS statistics of Closed Transactions only during the month of April..
Single-Family Homes – 291
Condominium – 139
Multi-Family – 6
Land – 5
Its nice to see the single-family products selling really well.. This is probably a reflection of builder incentives, and being out of “season”, you’ll see more buyers grabbing the single-family homes as they are more interested in living here full time (annually). The condo market really spikes well in the early & late quarters, so moving out of that the single-family looks a little more attractive. Plus, with real estate prices coming down so low, as I mentioned above, there are many investors putting tenants in single-family products and trying to cash flow these investments. Great for the market, and clearing out the bargain/discount/distressed properties that many of sellers are competing against.
Here’s a list of the number of properties that entered the market during the month of April.
Single-Family Homes – 730
Condominiums – 425
Mult-Family – 42
Land – 44
As you can see the trend continues.. As the market picks up quite bit, and the volume of buying spikes, so do the number of sellers entering the market and trying to take advantage. This could continue for years to come, so its important to have an agent that markets your home internationally, putting your listing in front of more buyers than the competing sellers.
Talk to Shirley International Realty Inc. about listing your home and saving money at the closing table! Our sales volume is up as our model is to work harder during this phase of the real estate game because many Realtors are diving out of the business and this is the time to seperate our brand from other firms. We love selling real estate! Let us know how we can help you!
Justin Shirley..



May 14th, 2008 at 12:33 pm
You’re absolutely right about the international investors coming to town. I know of many who have come over from Europe because the Euro is doing so well compared to the US Dollar. They’re snatching up many properties. I’ve been looking into the area trying to find information about market trends, etc. so I appreciate the information shared on this blog. While searching around I found a pretty useful Google mashup that shows the Florida MLS and detailed info. It’s pretty cool.
June 10th, 2008 at 11:01 pm
Thanks Eddie.. I’ll check it out!
Justin