Homes and condos continued to sell...

at a brisk pace in Sarasota County in August, once again nearly reaching the 1,000 level with 975 closed transactions. The eight-month total from the start of the year now stands at 7,850, about 100 sales ahead of last year’s near record totals.

The breakdown for closed sales in August 2014 was 698 single family homes and 277 condos sold, according to figures released by Florida Realtors®. Closings were up 5 percent from last month (July), when they hit 928, and up 1.8 percent from August 2013, when there were 957 closings. “I continue to be impressed by the staying power of this market as we have now seen six months in a row with sales above or very near the 1,000 level,” said Sarasota Association of Realtors® President Peter Crowley. “If we remain at this peak activity, and I haven’t seen any indications of slowing down, we could see another historic year in 2014. "

Agents I have spoken to report no slow down at all for their open houses, and multiple offers on properties continue to be the norm as the available inventory continues to shrink.

S.A.R.S.

Sept 2014.