Sarasota Real Estate Market Sets Records in 2015

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A millage rate is the rate of tax per thousand dollars of taxable value. To determine the ad valorem tax, divide the taxable value by 1,000 and multiply by the millage rate. For example, $100,000 in taxable value with a millage rate of 5 would generate $500 in taxes. (100,000/1000 x 5) Millage Rates for the previous five years:

This is especially true in Sarasota’s real estate market, where current trends like sales volume and home prices shift from month to month. Stay on top of the Sarasota real estate market by taking advantage of the market reports posted below. Finding up-to-date market information is almost impossible unless you go to the source.

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Sarasota, Fla. remained the fastest-growing luxury market, with sale prices up 21.2 percent since last May. Half of all luxury homes in Sarasota sold within 157 days, 21 percent faster than the.

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Sarasota Real Estate Market Reports – In an effort to keep both buyers and sellers informed about our local market, we publish this information as it is given to the public from our local Realtor Association of Sarasota and Manatee County. Please find below the monthly reports complete with charts and statistics for the local Sarasota market.

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With that in mind, the city is leaning more towards a sellers’ market, making Sarasota real estate investing a lucrative career path. The Sarasota real estate market has a median home price of $223,600. Not surprisingly, Sarasota’s homes are about $15,000 over the national average.

Property records show the house. national headlines for his real estate deals. In January, he closed a $238 million purchase of an under-construction penthouse at 220 Central Park South in New York.

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The May 2015 median sale prices were up 20 percent for single family homes in Sarasota County, and 14.3 percent in Manatee County over last May. For condos, Sarasota County also recorded a 20 percent price rise, while Manatee County was up 1.5 percent.