Suncoast real estate slows down slightly in May

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Posted: Tuesday, June 24, 2014 9:40 am

SARASOTA COUNTY, Fla. -- Suncoast property sales are continuing a hot streak, but may have cooled a bit.

The Sarasota Association of Realtors reports 1100 closed sales in May, falling just short of last May's total. But sales in the first five months of 2014 remain ahead of the pace set in 2013.

And prices dropped slightly. Median sales prices for single-family homes dropped 2.4% from April's figure, while condo prices dropped 4.6%.

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