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Once again the Sarasota MLS statistics point toward better times for the Sarasota real estate market. Stats in a press released issued yesterday by the Sarasota Association of REALTORS® confirmed October 2009 overall sales beat October 2008 by nearly 36%. This upward trend in a traditionally slow time for Sarasota real estate could be the signs of a busy winter season.

Pending property sales also indicate that sales are improving according to the Sarasota MLS report. Pending sales don’t always close, but they are a good indicator of buyer activity in the Sarasota real estate market.

It looks like the overal national economic recovery along with the new tax incentive is helping our market and with the extension and changes in the $8,000 tax credit, we should see even more activity.

You can read the entire Sarasota MLS press release here.

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