Sarasota Housing Market Grows as Luxury Sales Rise
Sarasota housing sales and prices increased in July driven by strong luxury demand. Florida realtors note that affluent buyers continue to drive growth across the state.
Single-family home sales across the United States regional market rose 5.1% to 23,870 in July, marking the 11th consecutive month of gains. The statewide housing surge was driven largely by strong activity in the luxury property sector. High-end buyers continue to absorb inventory despite elevated borrowing costs.
