Condo Sales Fine in 2009
January 27, 2010 by Perry Corneau · Leave a Comment
Sarasota’s contrarian nature was on display in the 2009 condominium market. The year end totals for 2009 condo sales posted strong gains over 2008 bucking nation wide trends. December totals indicated an increase of 144 percent compared to the same period in 2008 with 310 sales vs 127 in December 2008. While sales numbers have been showing steady increases in volume accompanied by declines in prices December sales prices posted a 5.3% increase from November.
As a condominium specialists representing investors and buyers of second homes, I pay close attention to the market looking to deals. What I am seeing to the market today is that we cant make the same kind of deals that were common found a year ago. Are there deals to be found in today’s market? Absolutely, but a deal that is priced 20% bellow market will cost more than one that was 20% bellow market a year ago.
Today the best deals are in foreclosure, distress sales and estate sales. You can search for condo deals on this website useing the links provided below.
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I am a Real Estate Broker - Associate with Signature Sotheby's International Realty. I have lived in Sarasota for most of my life and have been a real estate broker in Sarasota since 1988. I am blessed to have the love of my wife Opal and our two daughters, Katie and Victoria. I can be reached on my direct line at 941-650-4626. It would be wonderful to have the opportunity to work with you and earn your trust and friendship.