Friday, March 02, 2007

Sarasota Home and Condo Inventory Levels - March 2nd






























Inventory levels have not changed much since the middle of Febuary. Hopefully, we are the inventory peak. Most of the sellers who put their property up for sale because of seasonal reasons should have done so already. With properties going under contract and those properties expiring without selling we probably will see some declines in inventory levels as we move towards the middle of the year.

February Statistics
332 single family homes went under contract
189 condominiums went under contract
164 single family homes closed in February
187 condominiums closed in February

The above statistics are for Sarasota, Lakewood Ranch, Lido Key, Longboat Key, Bird Key, Siesta Key, Casey Key, Nokomis and Osprey.

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