Home Sales Soar in Sarasota County, Across Southwest Florida

Home sales in Sarasota County keep percolating, with May numbers the highest since 2005.

A total of 2,261 homes were sold in Sarasota, Manatee and Charlotte counties, according to the Sarasota Herald-Tribune.

But the boom in home sales may also be a sign that the market is over-heating. Buyers include baby boomers who held off making a purchase until the economy improved and investors who are creating an inventory of rental homes.

Here are key numbers for home sales in Sarasota County, according to the Herald-Tribune:

• More than 1,000 properties were sold for the second consecutive month.
• The median sales price for a single family home has increased 19 percent since May 2012 to $220,000.
• In Manatee, the median sales price increase 24 percent to $217,000.